What I Am Reading
Saturday, April 29, 2023
Markets
- Stocks Notch Second Month of GainsWall Street Journal
Central banks
- Key inflation gauge for the Fed rose 0.3% in March as expectedCNBC
- Fed Emergency Loans Rise Again Amid Renewed Financial StressBloomberg
- After SVB Failure, Fed's Barr Seeks Sweeping Changes to Bank RulesBloomberg
- Fed Report on Silicon Valley Bank Collapse Finds Regulators Failed to ActWall Street Journal
- Fed report on SVB collapse faults bank's managers — and central bank regulatorsCNBC
US
- Wage Gains Pick Up as Fed Contemplates Next Rate DecisionWall Street Journal
- Lael Brainard’s White House Challenge: Shielding Fallout From High Inflation, RatesWall Street Journal
- Companies Are Colluding to Cheat H-1B Visa Lottery, U.S. SaysWall Street Journal
- Jim Cramer: Consumer goods stocks are set to keep running, so buy nowCNBC
China
Geopolitics & trade
- Europe Takes Tougher Stance Toward China in Boost to US PolicyBloomberg
- Chinese Warships and Planes Test Taiwan DefensesWall Street Journal
Industries & companies
- Banks:JPMorgan, PNC Bidding for First Republic as Part of FDIC TakeoverWall Street Journal
- Banks:First Republic likely headed for FDIC receivership, sources say; shares drop 40%CNBC
- Energy:Exxon Has 40 Billion Reasons to Go ShoppingWall Street Journal
- Restaurants:‘Too Many Seats, Too Few Butts’ Mean Changes at Your Favorite RestaurantWall Street Journal
Technology
Beyond markets
- They Want to Change the World. They Would Also Like a Raise.New York Times
- U.S. Covid-19 Deaths and Hospitalizations Near New LowsWall Street Journal