What I Am Reading
Saturday, April 30, 2022
Markets
- Dow tumbles 900 points and Nasdaq drops 4% to close out a brutal monthCNBC
- Tech Rout Drags Nasdaq to Worst Month Since 2008Wall Street Journal
- Amazon, Google close out their worst months on Wall Street since 2008CNBC
- Exxon and Chevron, Buoyed by High Oil Prices, Shower Investors With CashWall Street Journal
Central banks
US
- U.S. consumers shrug off high inflation, lean on savings to boost spendingReuters
- U.S. Consumers Boosted Spending in MarchWall Street Journal
- Inflation Rises to Four-Decade High, According to the Fed’s Preferred MeasureWall Street Journal
- Worker Pay and Benefits Grow at Record Pace, Pressuring InflationWall Street Journal
- College-Educated Workers Help Unionize Places Like StarbucksNew York Times
Europe
- Eurozone Economy Keeps Growing but Recession Risk LoomsWall Street Journal
Japan
China
Industries & companies
- Pharma:Pfizer’s Covid-19 Pill Failed Study Testing Its Preventive UseWall Street Journal