What I Am Reading
Thursday, February 2, 2023
Markets
- S&P 500 Rallies as Investors Digest Fed Rate HikeWall Street Journal
- Powell Holds Fire on Markets Breaking Loose From Fed ControlBloomberg
Central banks
- Fed delivers small rate increase; Powell suggests 'couple' more hikes comingReuters
- Fed's Powell: If economy meets expectations, unlikely to see rate cuts this yearReuters
- Fed Traders See Half Point Cut Pivot Over Second Half of YearBloomberg
- BOJ’s Policy Path Hinges on Japan’s Complex Wage DynamicsBloomberg
US
Layoffs
- FedEx Is Laying Off More Than 10% of Its Management RanksWall Street Journal
- Rivian to Lay Off 6% of Workforce in EV Maker’s Second Round of Job CutsWall Street Journal
Europe
- Eurozone Inflation Eases for Third Month as ECB Rate Rises BiteWall Street Journal
Geopolitics & trade
- Dutch, Japanese curbs on chip equipment to China may not be tough enough -industry groupReuters
- Leaders of Self-Driving-Truck Company Face Espionage Concerns Over China TiesWall Street Journal
- Ukraine Russia war: 65,000 war crimes committed, prosecutor general saysCNBC
- U.S. Expected to Send Ukraine Longer-Range Smart Bombs in Next Aid PackageWall Street Journal
Industries & companies
- Communications Services:Meta 'Year of Efficiency' call from Zuckerberg was what Street neededCNBC
Corporate finance
- Bed Bath & Beyond Misses Interest Payments as It Weighs Chapter 11Wall Street Journal