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What I Am Reading

Saturday, June 3, 2023

Markets

Dow Jumps 700 Points After May Jobs Report Comes in HotWall Street Journal
Tech stocks close out first six-week rally since January 2020CNBC
OPEC+ Gathers in Vienna to Make Choice Between Patience and PreemptionBloomberg

Central banks

Super-Powered Labor Market Fights the FedWall Street Journal

US I

U.S. Labor Market Shows Resilience With Strong May HiringWall Street Journal
US employers boost hiring in May, but labor market losing steamReuters
Here’s where the jobs are for May 2023 — in one chartCNBC
Salary Ranges Are Expanding Most For Higher Paying JobsBloomberg

US II

Industries & companies

Autos:Ultralong-Range Electric Cars Are Arriving. Say Goodbye to Charging Stops.Wall Street Journal
Media:Elon Musk, Twitter face brand-safety concerns after executives departCNBC
Pharma:Cancer drug shortage: FDA allows import of unapproved China chemo medCNBC

Technology

Climate

3M reaches tentative $10 billion pollution settlement with US cities, Bloomberg reportsReuters