What I Am Reading
Friday, June 28, 2024
Markets
Central banks
- Key Fed measure shows inflation rose 2.6% in May from a year agoCNBC
- Riksbank Holds Rate Steady But Sees Two or Three Cuts Later This YearWall Street Journal
- Philippines Central Bank Holds Rate SteadyWall Street Journal
- Turkey’s Central Bank Keeps Rates on Hold as It Eyes Inflation SlowdownWall Street Journal
US I
- US Economy Shows Further Signs of Slowing Under High Fed Rates, InflationBloomberg
- US weekly jobless claims, equipment spending data point to slowing economyReuters
- America’s Frozen Housing Market Is Warping the EconomyWall Street Journal
- Home prices begin to cool as active listings jump 35%CNBC
- Global freight rises but shows signs of weakness in USReuters
US II
Europe
China
- China’s Foreign Direct Investment Falls Further in MayWall Street Journal
- China Industrial Profit Growth Eases Amid HeadwindsWall Street Journal
- Beijing Falls in Line With Other Top Chinese Cities to Help Home BuyersWall Street Journal
Industries & companies
- Autos:JD Power: Tesla loses its EV quality edgeCNBC
- Banks:Big Banks to Pay $46 Million to Settle Swaps Collusion CaseBloomberg
- Energy:Asia's refining margins stabilise at soft levels as diesel improvesReuters
- Media:Google, TikTok Ban Ads From ADHD Telehealth Company Amid Federal ProbeWall Street Journal
- Pharma:Drug prices have risen almost 40% over the past decadeCNBC
- Pharma:US Supreme Court Rejects Purdue Pharma’s Opioid Pact With Sackler ShieldBloomberg
- Retail:Walgreens Plans Major U.S. Store Closures; Shares TumbleWall Street Journal
- Retail:How Nike Missed the Boom in Running CultureWall Street Journal
- Retail:Nike shares plunge after retailer warns on China weaknessCNBC
- Retail:How Walmart's Sam's Club is trying to take on Costco's KirklandCNBC