What I Am Reading
Friday, May 13, 2022
Markets
- Dow falls for a sixth straight day after another wild sessionCNBC
- Big Investors Reconsider Oil and Gas Upside as Supplies Remain TightWall Street Journal
- Oil climbs even as weaker demand concerns cap gainsReuters
- Natural-Gas Prices Soar in Europe After Russia Sanctions Energy CompaniesWall Street Journal
Global
- China’s Economic Slowdown Is Rippling All Around the WorldWall Street Journal
Central banks
US I
- U.S. labor market still tightening; producer price gains moderateReuters
- Producer Price Gains Slowed in April but Remain ElevatedWall Street Journal
- U.S. Jobless Claims Rose to 203,000 Last WeekWall Street Journal
- Is It Better to Rent or Buy? What to Do in a Hot Housing MarketWall Street Journal
US II
- Inflation Is Headed Lower—but Maybe Not Low EnoughWall Street Journal
- What's more expensive as inflation costs families extra $311 a monthCNBC
- What Biden can do to lower inflation but refuses to (nypost.com)
- Biden's stagflation is another blow to millennialsThe Week
- Biden may need to 'claw back' funding for COVID, Jha saysReuters
Industries & companies
- Autos:Electric vehicle stocks surgeCNBC
Geopolitics & trade
Crypto
- Bitcoin (BTC) price falls below $26,000 as crypto sell-off intensifiesCNBC
- Crypto meltdown deepens as stablecoin Tether drops below dollar pegReuters
- Crash of TerraUSD Shakes Crypto. ‘There Was a Run on the Bank.’Wall Street Journal
- How bitcoin detectives at the IRS and FBI are catching crypto crimesVox
Corporate finance
- SoftBank Lost $13.2 Billion on Tech Investments Amid SelloffWall Street Journal