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What I Am Reading

Tuesday, July 25, 2023

Markets

Central banks

Why the Fed Isn’t Ready to Declare Victory on InflationWall Street Journal
A 'momentous week' ahead as the Fed, ECB and Bank of Japan near pivot pointCNBC

US

Housing-Market Rebound Poses Challenge for Fed’s Inflation FightBloomberg
White House says Biden will veto Republican-backed bills over spending cutsReuters
Americans in Their Prime Are Flooding Into the Job MarketWall Street Journal

Europe

Geopolitics & trade

Nikki Haley says China is an enemy, U.S. companies need Plan BCNBC
U.S. Weighs Potential Deal With China on FentanylWall Street Journal

Industries & companies

Chemicals:Bayer slashes outlook over weak glyphosate demandReuters
Financials:FDIC Says Some US Banks Incorrectly Reported Amount of Uninsured DepositsBloomberg
Financials:Banks Are Going on a DietWall Street Journal
Logistics:FedEx pilots reject tentative deal, supervised talks likelyCNBC
Media:Elon Musk risks more damage to Twitter business after name change to XCNBC
Media:Spotify increases prices for its premium subscription plansCNBC
Media:'Barbenheimer' opening weekend in the top 5 of all timeCNBC

Technology

Does Sam Altman Know What He’s Creating?The Atlantic
Cleaning Up ChatGPT Takes Heavy Toll on Human WorkersWall Street Journal
Apple Vision Pro headset applications open for developersCNBC

Corporate finance

FOMO Drives Investors as IPO Market Awakens From Long SlumberWall Street Journal
M&A Deal Slump Sparks Turnover at Investment Banks Goldman Sachs, Morgan StanleyBloomberg

Beyond markets

'Oppenheimer' and the Nightmare of Nuclear AnnihilationThe Atlantic
'Oppenheimer' pushes Army to warn of long lines at Trinity siteCNBC
Parents Hire $4,000 Sorority Consultants to Help Daughters Dress and Impress During RushWall Street Journal