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What I Am Reading

Wednesday, December 7, 2022

Markets

S&P 500 closes lower for a fourth straight day as recession worries jolt marketsCNBC
Stocks Tumble After Strong Data Raises Rate FearsWall Street Journal
Oil Prices and Energy Stocks Are Headed in Different Directions. What Gives?Wall Street Journal

Energy

Central banks

Fed to Weigh Higher Interest Rates Next Year While Slowing Rises This MonthWall Street Journal

Global

High Debt Levels Could Pressure Developing Countries as Global Economy SlowsWall Street Journal

US

Japan

Japan business mood up, global slowdown weighs on outlook -pollReuters

Geopolitics & trade

U.S., EU Agree to Coordinate Semiconductor Subsidy ProgramsWall Street Journal
TikTok National-Security Deal Faces More Delays as Worry Grows Over RisksWall Street Journal

Industries & companies

Banking:Sen. Brown introduces bill to close 'shadow' banking loophole after Elon Musk says Twitter will process paymentsCNBC
Tech:Meta’s Targeted Ad Model Faces Restrictions in EuropeWall Street Journal

Technology

Bezos' space company teams with Lockheed, Boeing for NASA moon pitchCNBC

Crypto

Former FTX engineer quietly became millionaire Democratic donorCNBC