What I Am Reading
Friday, June 24, 2022
Markets
- Stocks Close Higher After Fed Chairman TestifiesWall Street Journal
Central banks
Energy & sustainability
- IEA chief warns Europe to prepare for total shutdown of Russian gas exportsFinancial Times
- U.S. Gas Sales to China Dry Up as Ukraine War Disrupts Energy TradeWall Street Journal
- Column: Diesel demand set to drop as economies enter recessionReuters
- Nuclear Power Is Poised for a Comeback. The Problem Is Building the Reactors.Wall Street Journal
- Column: Green hydrogen may be energy's future, but it's complicatedReuters
- Joe Biden lowering gas prices is as likely as a purple cow on the moonNY Post
Global
- U.S., European Economies Slow Sharply as Recession Risks GrowWall Street Journal
US
- Is Inflation About to Cause a Recession?New York Times
- U.S. business borrowing for equipment rises 16% in May - ELFAReuters
- The dream of owning a home is out of reach for 4 million AmericansCNN
- Mortgage Rates Continue to Rise, Hitting 5.81%Wall Street Journal
- Supreme Court strikes down New York gun law on Second Amendment groundsCNBC
- Proposed changes to retirement system approved by Senate committeeCNBC
- Biden Administration Agrees to Cancel $6 Billion in Student Debt Over Fraud ClaimsWall Street Journal
China
- Chinese Internet Giants’ Ad Revenue Suffers as Business Confidence WanesWall Street Journal
Geopolitics & trade
Industries & companies
- Airlines:United Airlines will cut 12% of Newark flights in effort to tame delaysCNBC
- Consumer Discretionary:Amazon to invest $23 million to increase Seattle's affordable housingCNBC
- Energy:ExxonMobil at crossroads of clean energy transition, climate crisisCNBC
- Media:Netflix Confirms Partnership Talks for Ad-Supported ServiceWall Street Journal
- Tech:Intel warns Ohio factory could be delayedCNBC