wiar 9-16-17

Mary FanslauWhat I Am Reading

Sep 16 (Saturday)

Stocks Brush Off North Korea’s New Missile Launch (W)
U.S. Stocks Reach Another Milestone With S&P 500 Rising Past 2,500 (B)

Central banks
Money Is Still Flowing Through China’s Economy (B)
Did QE lead banks to relax their lending standards? [yes] (FRB)

U.S. Retail Sales Fall After Weaker Results in Prior Months (B)
Where Have All the Workers Gone? [drugs] (Brookings)
No wonder so many American men feel like they’re falling behind. They earn as much as they did in 1972. (WP)
New Data Shows Retirees Are on the Move, But Young Folks Are a Different Story (W)
As U.S. marriage rate hovers at 50%, education gap in marital status widens (Pew)

Eurozone Wage Growth Hits Two-Year High (W)
EU Seeks a Digital Tax to Stem the ‘Bags of Money’ Lost to Loopholes (B)

US politics
The strange case of Trump and infrastructure (FT)
Tech Industry Faces Increased Scrutiny From Washington (W)
California Poised to Become ‘Sanctuary State’ (W)

North Korea fires another missile, less than 2 weeks after nuclear bomb test (BI)
China Points Its Korea Rage South, Not North (W)
On Trump’s Agenda at UN: North Korea, Iran and Other ‘Grave Dangers’ (B)
Russia is about to kick off a war game that is freaking out NATO (BI)

Bomb exploded on the London Underground and injured 22 people (BI)

Industries & companies
Biotech: Biotech’s Cancer-Vaccine Insanity (B)
Cruises: Carnival falls on hazy outlook for big cruise markets (FT)
FANGs: Everything we know about Google’s upcoming smartphone, the Pixel 2 (BI)
FANGs: Facebook to Open New Artificial Intelligence Lab in Montreal (B)
FANGs: For Amazon, Can Two Headquarters Still Equal One Culture? (W)
FANGs: New York City Wants Amazon’s New Headquarters (B)
FANGS: Netflix’s Sarandos Aims to Build the Next Great Hollywood Studio (B)
Health Care: Anthem Expands Obamacare Options in Virginia to Fill Gaps (B)
Tech: Oracle’s profit, cloud growth forecasts drag down shares (R)

Corporate finance
Alphabet is reportedly considering investing $1 billion in Lyft (BI)
Microsoft in vanguard as cash piles blur lines with Wall St (FT)
Down $20 Billion, Boeing Stuffs Pension Fund With Its Own Shares (B)

12 jobs robots are already taking over (BI)
Technology and innovation in the insurance sector[: “Insurtech”] (OECD)

The 27 scariest moments of the financial crisis (BI)
Morgan Stanley is using Snapchat to recruit the next generation of bankers (BI)
Cassini Signs Off, Plunges in Flames Into Saturn (W)