wiar 03-30-19

Mary FanslauWhat I Am Reading

March 30 (Saturday)

Markets
S&P 500 notches best start to a year since 1998, Dow rises more than 200 points on trade optimism (C)

Central banks
Fed policymakers do not want rate cuts, not even the doves (R)
White House’s Kudlow calls for Fed to ‘immediately’ make half-point cut — and then walks it back a bit (MW)
Stephen Moore’s Unusual Route to the Fed as a Political Warrior (W)

US
U.S. Consumer Sentiment Rose More Than First Reported in March (B)
Consumers’ Cautious Start to 2019 Trims Expectations for Growth (W)
U.S. New-Home Sales Advanced in February to 11-Month High (B)
U.S. Inflation Gauge Slid in January to Slowest Pace Since 2016 (W)

Europe
May’s Brexit Deal Is Rejected for a Third Time by Lawmakers (W)

US politics
Trump, Congressional Republicans in Standoff Over Health Law (W)
U.S. Attorney General to release redacted Mueller report to public by mid-April (R)

Geopolitics & trade
China Touts Progress With U.S. as Both Focus on a Final Deal (B)
U.S. Trade Negotiators Take Aim at China’s Cybersecurity Law (W)
Huawei Shakes Off U.S. Offensive to Post Strong Results (W)

Industries & companies
Autos: Tesla cars keep more data than you think, including this video of a crash that totaled a Model 3 (C)
Energy: Florida utility to close natural gas plants, build massive solar-powered battery
FAANGs: Apple cancels AirPower, the wireless charging pad it announced over a year ago (C)
FAANGs: Major Apple Supplier Foxconn Suffers Profit Drop (W)
Financials: Wells Fargo Seeks a CEO to Charm Washington, Fix Bank (W)

Corporate finance
Lyft stock pops on first day of trading in encouraging sign for unicorn pipeline (MW)
How Tech Unicorns Are Raking In Cash but Losing Big Money (W)
The IPO Millionaires Are Coming! (W)

Technology & cybersecurity
Why the Card Game Hanabi Is the Next Big Hurdle for Artificial Intelligence (W)
FBI, Retooling Once Again, Sets Sights on Expanding Cyber Threats (W)

Offbeat
U.S. to Charge More People in College Scandal, Prosecutors Say (B)