What I Am Reading
Friday, May 12, 2023
Markets
Central banks
US
- Yellen Says ‘We Have to Default’ on Something If Congress FailsBloomberg
- Retirement Savings Shortfall: Governments Face $1.3 Trillion Billion BillBloomberg
- US weekly jobless claims hit 1-1/2-year high; inflation subsidingReuters
- US import prices rebound in April, but trend remains weakReuters
- How the New Immigration System Works After Title 42Wall Street Journal
- Travel costs fell in April. The dip may be short-livedCNBC
China
Geopolitics & trade
Industries & companies
- Autos:Tesla raises U.S. prices for all its vehicles except Model 3CNBC
- Autos:Tesla Recalls 1.1 Million Cars in China Over Braking DefectBloomberg
- Autos:China regulator says Tesla to update software of more than 1 million carsReuters
- Autos:Will EVs Dent the Auto Repair Business?Wall Street Journal
- Banks:Big U.S. lenders to pay billions to replenish bank failure fundReuters
- Banks:Midsize Bank Panic to Test Regulators’ Skepticism of MergersWall Street Journal
- Media:Netflix Plans to Cut Spending by $300 Million in 2023Wall Street Journal
- Pharma:Wegovy, other weight loss drugs ‘no silver bullet’, says WHO amid obesity reviewCNBC
- Pharma:GOP law cut Big Pharma tax rates by 40%, Senate report saysCNBC
- Tech:Microsoft Won’t Raise Salaries for Full-Time Employees This YearWall Street Journal
- Transportation:Companies betting on demand rebound in second half of year, DHL saysCNBC
Corporate finance
Technology
Climate
- Carbon Capture Is Hard. This Plant Shows Why.Wall Street Journal