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What I Am Reading

Tuesday, November 29, 2022

Markets

Dow tumbles 500 points but could actually end the year in the greenCNN
Stocks close lower, Dow drops nearly 500 points as supply chain concerns mount amid protests in ChinaCNBC

Central banks

Fed has 'a ways to go' on interest rate hikes, Bullard saysReuters
Fed’s Williams Says Inflation Fight Could Last Into 2024Wall Street Journal
Resolute and Mindful: The Path to Price StabilityFRBSF

US

400 groups urge U.S. lawmakers to take 'immediate steps' to block potential rail strikeReuters
Job Cuts in Tech and Banking Don't Mean Mass Layoffs in Looming Global RecessionBloomberg
Joe Biden wastes billions on COVID boosters vaccinesNY Post

China

China Clamps Down on Protesters Against Zero-Covid PoliciesWall Street Journal
Chinese Protests Put Xi Jinping in a BindWall Street Journal
Protests against Covid controls erupt across ChinaCNBC

Geopolitics & trade

White House Says Chinese Have a Right to Peacefully ProtestWall Street Journal
Russia Cancels Arms-Control Talks, U.S. SaysWall Street Journal

Industries & companies

Media:Elon Musk claims Apple has threatened to remove the Twitter appCNBC
Retail:Returns Are the Retail Industry’s Quietly Mounting Logistics ProblemWall Street Journal
Tech:Exclusive: Microsoft likely to offer EU concessions soon in Activision deal -sourcesReuters

Crypto

Corporate finance

Shell to Buy Biogas Producer in $2 Billion DealWall Street Journal

Climate

ESG