wiar 04-10-18

Mary FanslauWhat I Am Reading

Apr 10 (Tuesday)

Markets
Dow’s 400-point rally is nearly erased in final hour on report of FBI raid of Trump’s lawyer (C)
The Trump administration is giving Wall Street whiplash. (NN)
Aluminum rallies as US sanctions upend market (FT)

US
U.S. Manufacturers Worry Tariffs Could Undermine Recovery (W)
Employment Trends Index Rose in March (W)
How to Clean Up the Student Loan Mess (NYT)
One Year of ‘College’ With No Degree, But No Debt and a Job (W)

Europe
Europe’s Boom Reawakens the Ghost of Crisis Past: Debt (W)

Japan
Should you invest in Japan’s robotmakers? (FT)

China
China Installed Military Jamming Equipment on Spratly Islands, U.S. Says (W)

Emerging
Why Emerging Markets Are Still Worth the Trouble (W)
Russia’s Richest Lose $16 Billion in Selloff Over U.S. Sanctions (B)

US politics
CBO Sees Annual Deficits Exceeding $1 Trillion by 2020 (W)
CBO Sees Benefits of Republican Tax Cuts Peaking in 2022 (B)
FBI Raids Office of Trump’s Lawyer; President Calls It a ‘Witch Hunt’ (W)
Slammed by Trump, Amazon’s Jeff Bezos Chooses Silence (W)

Geopolitics & trade
Trump Hints at Deal on Trade With China; Xi Readies Response (B)
Trump Readies U.S. Response to Syria Chemical Attack (W)

Industries & companies
Financials: PayPal Makes a Move Toward Traditional Banking (W)

Corporate finance
U.S. to Allow Bayer’s Acquisition of Monsanto (W)
Novartis buys US gene therapy group AveXis for $8.7bn (FT)
Alibaba Invests in Chinese Facial-Recognition Startup (W)
HNA aims to raise $6bn from Hilton Worldwide stake sale (FT)
Saudi Arabia’s Tiny Exchange Prepares to Host World’s Biggest IPO (W)

Technology & cryptocurrency
Yes, These Chickens Are on the Blockchain (B)
Bitcoin, the Biggest Bubble in History, Is Popping (B)

Offbeat
Your Alexa and Fitbit can testify against you in court (cnet)