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What I Am Reading

Tuesday, July 12, 2022

Markets

U.S. Stocks End Lower Ahead of Inflation Data, Earnings SeasonWall Street Journal
Global shares decline, bond yields slide and dollar rallies amid inflation fearsReuters
Global Investors Dump Bonds of Chinese Banks That Lent Heavily to RussiaWall Street Journal

Central banks

Those Predicting a ‘Fed-Induced Recession’ Misunderstand the Meaning of RecessionFOX

US

Most Democrats want Biden not to run for president in 2024CNBC
Biden's bombed with business, and there's panic in the C-suiteNY Post
Donald Trump and the MidtermsWall Street Journal
Democratic-Led States Let Their Federal Unemployment Debts LingerWall Street Journal
Homebuyers are canceling deals at highest rate since start of CovidCNBC

Europe

Emerging

Chile currency plunge, inflation rattle Latin America's copper kingReuters

Geopolitics & trade

Chinese Communist Cells in Western Firms?Wall Street Journal
Global Tax Talks Hit Another DelayWall Street Journal

Industries & companies

Climate

Farmers are making thousands of dollars from carbon creditsCNBC
Texans Are Asked to Conserve Power as Extreme Heat Threatens Electric GridWall Street Journal

Technology

Miners Are Relying More on Robots. Now They Need Workers to Operate Them.Wall Street Journal

Corporate finance

Hiltzik: Musk wants out of his Twitter deal, no surprise thereLA Times

Beyond markets

First Full-Color Image From NASA’s James Webb Space Telescope Unveiled by BidenWall Street Journal
Omicron Strains Drive New Covid Wave in Europe as Measures Fall AwayWall Street Journal