wiar 02-22-18

Mary FanslauWhat I Am Reading

Feb 22 (Thursday)

U.S. Stocks Pare Gains After Fed Minutes (W)
17 reasons for a weak dollar (FT)

Central banks
Fed Officials Marked Up Inflation Outlook in January (W) | Minutes
Some Fed officials worry inflation will stay below their target (BI)
Wall Street Overreacts to Data But Fed Shouldn’t, Kashkari Says (B)

Home Sales Post Their Sharpest Drop in Three Years (W)
Why Productivity Growth May Be Poised to Recover (W)
Can’t Wait a Month for Inflation Data? Daily Gauge Shows Prices in Real Time (W)

US politics
US proposes overhaul of ‘too big to fail’ regime (FT)
Trump Takes Step to Ban ‘Bump Stocks’ (W)
Trump Wants to Turn Space Into a Free-Market Paradise (B)
Democrats Counter GOP Tax-Cut Pitch by Warning of Long-Term Pain (B)

Cybersecurity Task Force to Protect Elections Is Unveiled (W)

Industries & companies
FAANGs: Amazon Is Taking Over the Stock Market, Too (W)
FAANGs: Facebook seen struggling with new European privacy rules (FT)
FAANGs: Netflix, Amazon win new favor after Wall Street sell-off (BI)
Financials: JPMorgan plans massive HQ tower in New York’s Park Ave (FT)
Industrials: How Jeffrey Immelt’s ‘Success Theater’ Masked GE’s Rot (W)
Industrials: 3M, State of Minnesota Settle For $850 Million (W)
Retail: Walmart Stumbles in Shift to Web Selling (W)
Tech: Airbnb’s Push Into ‘Experiences’ Has Been a Slog (W)

The Rise of Bitcoin Factories: Mining for the Masses (W)

Sorry, America, but you have to pay taxes on your bitcoin — here’s how (MW)