What I Am Reading
Tuesday, June 18, 2024
Markets
- S&P 500, Nasdaq hit record closing highs ahead of data, Fed commentsReuters
- Nasdaq, S&P 500 Log Records, Lifted by Tech StocksWall Street Journal
- Divergence, disconnect, but no dislocation ... yetReuters
- US Dollar Dominance: Why USD Is the World’s Reserve CurrencyBloomberg
- 'T+1' Explained: Why US Stock Trades Now Settle in Just One DayBloomberg
Central banks
US
- 80% of Americans say grocery costs have increased since pandemic startedCNBC
- Here's why car payments are so high right nowCNBC
- Immigrants help keep job growth high as inflation coolsCNBC
- Biden to Give Legal Status to Immigrant Spouses of U.S. CitizensWall Street Journal
- Corporate Tax Rate Spurs Political Fight With More Than $1 Trillion at StakeWall Street Journal
- IRS unveils plan to close tax loophole for pass-through businessesCNBC
Industries & companies
- Materials:Electric Cars’ Green Revolution Fueled by Dangerous Nickel MinesBloomberg
- Pharma:FDA approves Merck pneumococcal disease vaccine designed for adultsCNBC
- Social Media:U.S. Surgeon General Calls for Warning Labels on Social-Media PlatformsWall Street Journal
- Tech:Nvidia to get 20% weighting and billions in investor demand, while Apple demoted in major tech fundCNBC
- Tech:Apple Is Shutting Down Its Buy Now, Pay Later ServiceWall Street Journal
Artificial Intelligence
Corporate finance
Beyond markets
- How Jeff Bezos Is Trying to Fix The Washington PostNew York Times