wiar 12-07-18

Mary FanslauWhat I Am Reading

December 07 (Friday)

Markets
Dow rebounds from 780-point plunge, ends day just slightly lower on report Fed may pause hikes (C)
Markets are going haywire. Here’s why these sudden moves are here to stay (C)

Central banks
Fed Weighs Wait-And-See Approach On Future Rate Rises (W)
Powell Says U.S. Labor Market ‘Very Strong’ by Many Measures (B)
Tariffs have hit confidence, to slow U.S. economy: Fed’s Williams (R)
The Fed is fighting 4 inflationary trends it can’t control, Cramer says (C)

US
Job market is strong and hiring robust, in contrast to market fears (C)
U.S. Private Sector Adds 179,000 Jobs in November (W)
U.S. Household Net Worth Rose by $2.07 Trillion in 3rd Quarter (W)
What Explains the Trade Deficit Hitting a Decade-High? (W)
Growth in U.S. Health-Care Spending Slows (W)

US politics
Congress to Drug Makers: Why Stock Buybacks Over Lowered Drug Prices? (W)

Geopolitics & trade
John Bolton ‘knew in advance’ about arrest of Huawei executive; official says Trump did not (C)
Huawei is one of China’s most important tech companies — here’s what it does and why the US is wary (C)
U.S. Pursued Huawei CFO’s Arrest Despite Risk to Trade Talks With Xi (B)
Huawei’s Arrested CFO Rose Through Ranks Despite Father’s Rebuke (B)
Founder’s Daughter Has Been Face of Secretive Company (W)
HSBC Monitor Flagged Suspicious Huawei Transactions to Prosecutors (W)
Huawei probe includes bank fraud accusations (R)
Boeing Backs Out of Global IP Satellite Project Financed by China (W)

Industries & companies
Autos: Fiat Chrysler plans to open factory in Detroit to build new three-row, Jeep Grand Cherokee (C)
Retail: Walmart to acquire home decor site Art.com, further extending its e-commerce push (C)

Corporate finance
Cell Service in Japan Goes Down for Hours, Clouding Year’s Biggest IPO (W)
Lyft Sets Stage for 2019 IPO (W)

Technology
Alphabet’s self-driving car business could book $114 billion in revenue in 2030, says UBS (C)
Microsoft Pushes Urgency of Regulating Facial-Recognition Technology (W)