What I Am Reading
Friday, April 29, 2022
Markets
- Tech Stocks Lead Rally; Nasdaq Rises 3.1%Wall Street Journal
- U.S. Dollar Surges Amid Investor Jitters, Rising YieldsWall Street Journal
- Yen Hits New 20-Year Low After Bank of Japan Reinforces Low-Rate PolicyWall Street Journal
Energy
- Germany Drops Opposition to Embargo on Russian OilWall Street Journal
- Iran Ramps Up Oil Exports as China Pulls Back on Russian CrudeWall Street Journal
- Oil Middlemen Fueled Putin’s War Machine. Now They’re Getting Out.Wall Street Journal
Global supply chains
- The Permian Basin Oil Field Is Running Out of Workers, Materials—and CashWall Street Journal
- Intel CEO Sees Chip Shortage Lasting Into 2024Wall Street Journal
US
- U.S. GDP Falls 1.4% as Economy Shrinks for First Time Since Early in PandemicWall Street Journal
- Economy Contracted in the First Quarter, but Underlying Measures Were SolidNew York Times
- Is It Better to Buy or Rent? Rising Mortgage Payments Make It Harder to DecideBloomberg
- Biden says he's not considering $50,000 in student loan forgivenessCNBC
- Joe Manchin Says ‘Ludicrous’ Electric Vehicle Tax Credit Not NeededBloomberg
China
Geopolitics & trade
- Putin Really May Break the Nuclear Taboo in UkraineWall Street Journal
- How the Ex-Chancellor Gerhard Schröder Became Putin’s Man in Germany
- Blasts rock Kyiv during U.N. chief's visit, U.S. pledges new aidReuters
- After Russian Retreat, Ukraine’s Farmers Discover Fields Full of MinesWall Street Journal
- N.Korea's Kim calls for stronger military as nuclear test work 'well underway'Reuters
Industries & companies
- Consumer discretionary:Amazon shares fall on bleak forecast and slowest growth since dot-com bustCNBC
- Consumer discretionary:Amazon results and outlook fall short as warehouse, fuel costs soarReuters
- Tech:Apple shares dip after Tim Cook warns of a possible $8 billion hit from supply constraintsCNBC
Climate & sustainability
Virus
- Moderna Asks FDA to Clear Its Covid Vaccine for Kids Under 6Wall Street Journal