wiar 09-21-18

Mary FanslauWhat I Am Reading

September 21 (Friday)

Markets
U.S. Stocks Close at Records (W)
Investors Are Dumping Treasuries and Dollar to Take On More Risk (B)
Bull Market Back in Sync With Dow Finally Eclipsing January High (B)

Central banks
Trump to Nominate Former Fed Economist Nellie Liang for Board Seat (W)
Swiss Paradox: Booming Economy, Negative Interest Rates (W)

US
Slew of Positive Reports Show U.S. Economy Still on Solid Track (B)
U.S. Existing-Home Sales Stalled in August (W)
U.S. Household Net Worth Neared $107 Trillion in Second Quarter (W)
Cocaine, Meth, Opioids All Fuel Rise in Overdose Deaths (W)

US politics
Trump Says ‘Ridiculous’ Senate Spending Bill Must Pay for Border Wall (W)
Kavanaugh’s Accuser Open to Testifying Before Senate Panel (W)
Kavanaugh Says He’ll ‘Be There’ for Hearing on Assault Claim (B)

Geopolitics & trade
JPMorgan: An economic cold war may be coming (C)
Former Google CEO predicts the internet will split in two by 2028, with one part led by China (C)
Micron tumbles after CFO says Trump China tariffs will hit gross margins (C)
Alibaba’s Ma Recants Promise to Create One Million U.S. Jobs (W)

Industries & companies
FANGs: Prime Effect: Amazon’s 2-Day Shipping Is Disrupting Retail (W)
FANGs: Google Says It Continues to Allow Apps to Scan Data From Gmail (W)
Financials: Wells Fargo plans to cut up to 10% of workforce in the next 3 years (C)

Corporate finance
Comcast, Fox to Settle $35 Billion Sky Battle in Auction (W)
Adobe Buys Marketing-Automation Firm Marketo for $4.75 Billion (W)

Technology
Amazon’s New Microwave: ‘Alexa, Please Defrost My Chicken’ (W)
Amazon Unveils New Devices to Power Smart Home With Your Voice (B)
Artificial Intelligence: The Robots Are Now Hiring (W)