What I Am Reading
Friday, May 6, 2022
Markets
- Dow Slides More Than 1,000 Points as Investors Reassess Fed CommentsWall Street Journal
- Stocks are tumbling. Here's what to keep in mindCNBC
- Elon Musk and Cathie Wood knock passive index investing, saying it’s gone too farCNBC
- U.S. bonds: 10-year Treasury yield surges to 3.06%CNBC
- Mortgage Rates Hit 5.27%, Highest Level Since 2009Wall Street Journal
Central banks
- Ex-Fed Vice Chair Richard Clarida Says Rates Must Rise to at Least 3.5%Bloomberg
- Why the market is taking Powell's 'soft-ish' economic language so hardCNBC
- Fed, Biden Administration Float New Lending Rules for Lower-Income AreasWall Street Journal
- BoE flags risk of recession and 10% inflation as it raises rates againReuters
US
- Worker output fell 7.5% in the first quarter, the biggest decline since 1947CNBC
- 'Unretirement' is becoming a hot new trend in the sizzling U.S. labor marketCNBC
- E-commerce stocks plummet as consumers pull back online spendingCNBC
- Here's what Americans plan to spend more money on as inflation risesCNBC
- Jim Cramer says he sees signs inflation is peakingCNBC
- Why the child tax credit has not been expanded, despite Democrats' supportCNBC
- Karine Jean-Pierre to Be Next White House Press SecretaryBloomberg
Europe
China
- China’s Services Sector in Doldrums as Covid-19 Lockdowns BiteWall Street Journal
Geopolitics & trade
Industries & companies
- Consumer discretionary:Union leader slams Amazon's labor practices at Senate hearingCNBC
- Communications services:Digital-Ad Giants Google, Facebook, Amazon Come Down From Pandemic HighsWall Street Journal
- Communications services:Facebook Parent Meta Hits the Brakes on Hiring as Growth StallsWall Street Journal
- Energy:The Most-Hated Solar Company in AmericaWall Street Journal
Corporate finance
- Shell Takes $3.9 Billion Charge Related to Russia ExitWall Street Journal
- Bausch + Lomb Expected to Price IPO at Low End or Below Targeted RangeWall Street Journal
- Elon Musk Gets $7 Billion in Fresh Financing for Twitter DealWall Street Journal
- Musk to lead Twitter temporarily after $44 bln takeover - sourceReuters