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What I Am Reading

Wednesday, July 19, 2023

Markets

There Is a Long-Term Danger Lurking in Financial MarketsWall Street Journal
Long-run debasement of the U.S. dollar likely to get much worseWT
U.S. Rate Rises Hit the Yen Hard, but Now It’s Staging a ComebackWall Street Journal

US

Geopolitics & trade

India should cash in on 'China plus one' strategy - World Bank chiefReuters
India's Tata chooses UK for $5 bln Jaguar Land Rover gigafactoryReuters
China Tries to Reassure U.S. Amid Speculation Around Missing Foreign MinisterWall Street Journal

Industries & companies

Airlines:Air Travel Can Be a Nightmare but Can Congress Fix It?Wall Street Journal
Home Builders:Homeowners Don’t Want to Sell, So Home Builders Are BoomingWall Street Journal
Media:Netflix gets rid of cheapest basic ad-free option in the U.S., U.K.CNBC
Tech:Microsoft Shows AI Won’t Be a Loss LeaderWall Street Journal
Wireless:AT&T Halts Plans to Remove Lead Cables in Lake TahoeWall Street Journal

Corporate finance

Microsoft, Activision extend deadline for $69 billion takeover dealCNBC

Technology

Business and Labor Square Off Over AI’s Future in American WorkplaceWall Street Journal
Advertisers Warily Embrace A.I.New York Times

Climate

Europe battles heatwave and fires, record temperatures scorch ChinaReuters

Beyond markets

Scenic Highway 30A in Florida Sees Explosive Rental GrowthWall Street Journal