wiar 8-23-17

Mary FanslauWhat I Am Reading

Aug 23 (Wednesday)

Markets
Wall Street Banks Warn Winter Is Coming as Business Cycle Peaks (B)
Why the Chinese Yuan’s Hot Streak Will Cool Off (W)

US
Home Prices in U.S. Rose 6.6% in the Second Quarter, FHFA Says (B)
Millennial Americans Are Moving to the ‘Burbs, Buying Big SUVs (B)
Condo Owners Eye Cashing in on Rental Market (W)

Europe
Ireland to double diplomatic trade presence by 2025 to combat Brexit (FT)

Emerging
Philippines, Indonesia and India Have Got a Fed Problem (B)

US politics
GOP Eyes Budget Maneuver to Allow $450 Billion More in Tax Cuts (B)
Trump to Renew Call for Wall Funding in Arizona (B)

Geopolitics & terrorism
U.S. Expands North Korea Sanctions, Seeks to Seize Millions (B)
U.S. Sanctions Chinese, Russian Firms for Aiding North Korea (W)
North Korea Threatens ‘Absolute Force’ as U.S. Holds Military Drills (W)
Tillerson Pushes Pakistan to Get Taliban to the Negotiating Table (B)
U.S. Warns Citizens About Traveling to Cancun (B)

Industries & companies
Energy: Chevron CEO to Resign as Oil Giant Seeks Change (W)
Financials: Think Interest Rates Are Going Up? Banks Don’t (W)
Home Builders: The Price Isn’t Right for Home Builders (W)
Mining: Miners Are Flush With Cash Again (W)
Railroads: Trains in Vain: Epic CSX Traffic Jam Snarls Deliveries, From Coal to Fries (W)
Retail: Wal-Mart Nears a Pilot Deal to Offer Customers Installment Loans (W)

Corporate finance
‘Serious Doubts’ Over Bayer and Monsanto’s $57 Billion Megadeal, Says EU (W)
Tesla Bonds Tumble in Sign of Concern Over Finances (W)
Rival’s Volvo Merger Sets Path for Great Wall’s Pursuit of Jeep (W)

Technology
China’s Robot Revolution May Affect the Global Economy (B)

Offbeat
Famed Plaza Hotel Is On the Block (W)