What I Am Reading

May 10 (Wednesday) Latest Morning Briefing Executive Summary: Inflation During & After The Pandemic The inflation problem of recent years has proven to be transitory for consumer goods but persistent for consumer services. Even so, overall inflation has been moderating this year. In our soft-landing economic scenario (60% odds), we see the PCED rate falling into the 3.0%-4.0% range over the remainder of 2023 and below 3.0% in 2024 and 2025. Consumers’ inflation expectations aren’t so sanguine. In advance of this week’s inflation reports, we review recent developments on the inflation front. … Also: Wage inflation has been moderating too, but it’s still higher than Fed Chair Powell would like to see. (subscribers’ link) YRI Daily Markets Overview Replay of Dr. Ed’s webinar on May 8. Markets ChatGPT Is Causing a Stock-Market Ruckus | W Federal Reserve Fed’s John Williams says rates could be increased if inflation doesn’t come down | C Bullard Discusses Recent Policy Rate Increase, Outlook for U.S. Economy | St Louis Fed Where Might Inflation Head? | St Louis Fed Understanding the Recent Behavior of Inflation | St Louis Fed US courts are practicing medicine without a license — for a fix, look to the Fed | The Hill US I Home Prices Fell in Third of the U.S. During First Quarter | W US small business sentiment slumps to more than 10-year low | R Metaverse could contribute up to 2.4% of US GDP by 2035, study shows | R The Decline of the Five-Day Commute Is a Boon to Suburban Retail | W US II White House Debt-Ceiling Meeting Fails to Yield Breakthrough as Deadline Nears | W Republicans defiant after Biden debt ceiling meeting | R Debt ceiling crisis: Why Biden needs to rethink his strategy as default looms | Vox When Is the Debt Ceiling Deadline and What Happens if the Limit Isn’t Raised? | W China China Finally Has a Rival as the World’s Factory Floor | W Chinese Exports Cool in Latest Warning Sign on Global Trade | W Japan What Japan Could Teach The U.S.—And The World—About Regulating Crypto | FO Industries & companies Banks: Betting Against Banks Brings Reward and Backlash | W Energy: The Most Valuable U.S. Power Company Is Making a Huge Bet on Hydrogen | W Media: Disney’s Iger may have to add slowing growth to his turnaround checklist | R Tech: The Most Valuable U.S. Power Company Is Making a Huge Bet on Hydrogen | W Technology Amazon opens new robotic fulfillment center | Chain Store Age   Beyond markets Economist helps decide when recessions begin, end. Why that matters | C

May 09 (Tuesday) Latest Morning Briefing Executive Summary: Jobs Driving The Economy It’s tough to believe that a recession is imminent with the Coincident Economic Indicators index as strong as ever. The CEI’s payroll employment component hit a record high in April, suggesting that the other three (yet-to-be-reported) components did too. Admittedly, the Leading Economic Indicators hasn’t been strong; its weakness purportedly indicates a coming downturn in the CEI and real GDP. But look at its ten components: Services are noticeably absent. So the LEI is not as trusty a recession bellwether as the CEI, in our view. … Also: Joe Feshbach’s insights on the stock market from a trader’s perspective. (subscribers’ link) YRI Daily Markets Overview Replay of Dr. Ed’s webinar on May 8. Markets Where Is the Stock Market Going? Quants and Human Traders Diverge | B Central banks Fed Flags Credit Tightening and Financial Stress Concerns in Report | B Powell’s Recession Forecast Overlooks Credit Crunch, DC Standoff, Bad Weather | B Jerome Powell’s sappy talk on banks is weak after multiple collapses | P US Debt-Ceiling Showdown Clouding Fed Economic Outlook, Goolsbee Says | B US Flights, Hotels, Auto Industry Raise Prices, Testing Fed’s Inflation Fight | B Why On Earth Would You Fight ‘Inflation’ With Higher Interest Rates? | FO Understanding the Recent Behavior of Inflation | St. Louis Fed US America’s Factory Boom Drives Sales Surge for Excavators, Steel and Trucks | W Factories Stutter in Renewed Weakness on Bloomberg Trade Tracker Column: Recession or not, US economy is losing momentum | R Yellen is calling CEOs personally to warn on US debt ceiling, sources say | R Eviction Bans Remain in California More Than 3 Years Into the Pandemic | W NYC hasn’t ‘failed’ yet like San Francisco–but it’s at risk | P What Record Office Vacancies Mean for New York City’s Economy | N ‘Over Our Dead Bodies’: Backlash Builds Against $3 Trillion Clean-Energy Push | W Geopolitics & trade Yellen and Sullivan Speeches Likely Won’t Assuage US-China Tensions | B Chinese Foreign Minister Scolds U.S. Envoy Over Taiwan | W China Signals Spying Fears Amid Probe of Consulting Firms | W EU Targets Eight Chinese Companies in Russia Sanctions Push | W Industries & companies Aerospace: Ryanair close to placing major Boeing order -sources | R Airlines: Biden Says Administration Will Propose Airline Rule to Compensate Passengers for Delays, Cancellations | W Banks: Regional Bank Stocks: Retail Traders Buy Into Volatility For Quick Gains | B Financials: Banks tighten credit terms, see loan demand drop, Fed survey shows | R Pharma: Something Congress Might Agree On: Tackling Drug Costs | W Corporate finance Baxter Selling Biopharma-Solutions Arm for $4.25 Billion | W Big Oil Has $150 Billion in Cash and Investors Want a Share | W Crypto U.S. Exchanges List More Than a Dozen Cryptos the SEC Says Are Illegal to Sell | W Technology ChatGPT Fever Has Investors Pouring Billions Into AI Startups, No Business Plan Required | W GPTZero App Seeks to Thwart ChatGPT, AI Plagiarism in Schools, Online Media | B   Beyond markets How Rich Is King Charles III? Inside The New Monarch’s Outrageous Fortune | FO Elizabeth Holmes Opens Up About Her Theranos Trial and What Comes Next | N Does internet use protect you from dementia? | National Post

May 08 (Monday) Latest Morning Briefing Executive Summary: Pandemic Of Pessimism The stock market has been climbing since mid-October even though pessimism has prevailed among economists and stock market strategists. Today, we examine this “pandemic of pessimism”—how widespread it is, our perspective on the bearish case, what the Fed’s staff thinks is ahead for the US economy, and a few of the voices of doom. … We counter that the stock market’s trend is driven mostly by the earnings trend; we doubt QT will send either southward. Earnings growth may be weak in our rolling recession forecast, but growth it will be nonetheless. The labor market’s remarkable resilience reflects the economy’s resilience. (subscribers’ link) YRI Daily Markets Overview Replay of Dr. Ed’s webinar on May 1. Markets Investors Flock to Safety Plays, but Stock ‘FOMO’ Lingers | W Global Emerging Markets Enter Into High-Anxiety Phase With Turkey Vote | B US Jobs Report: Labor Market Trends Are the Federal Reserve’s Friend | B Yellen warns of ‘economic chaos’ unless Congress resolves debt ceiling | C Yellen warns of ‘constitutional crisis’ if Congress fails to act on debt | R Food Banks See Surge in Demand Driven By Inflation, End of Covid Aid | B   Europe Situation around Europe’s largest nuclear power plant is ‘potentially dangerous,’ watchdog warns | C China China’s Gold Splurge Reaches Sixth Month as Reserves Rise Again | B Geopolitics & trade Japan’s Kishida Visits South Korea as Two U.S. Allies Confront ‘Grave’ Security Issues | W Taiwan’s Trade Clash with China Could Benefit the U.S. | W U.S. and Allies Look at Potential China Role in Ending Ukraine War  | W China Embarrasses King Charles at His Coronation | W Industries & companies Autos: Ford, Tesla CEOs Exchange Jabs and Praise Amid Heated EV Rivalry | W Financials: Banks Are in the Grips of Investor Crisis of Confidence | W Financials: Bank Stocks Nearing a Crisis-Era Threshold Raises Warning Sign | B Financials: Regional Banking Crisis Roils Investors But Deposits Remain Stable-Ish | B Tech: Tech Workers Aren’t as Rich as They Used to Be | W Technology U.S. Sanctions Drive Chinese Firms to Advance AI Without Latest Chips | W How to Use Chatbots in Duolingo, Expedia, Snapchat, Grammarly and Khan Academy | W In a new hacking crime wave, more personal data is being held hostage | C Beyond markets Anti-monarchists criticise ‘heavy-handed’ arrests at King Charles’ coronation | R

May 06 (Saturday) Latest Morning Briefing Executive Summary: Semis, Onshoring Boom & Hydrogen The semiconductor industry is breaking out into the light at the end of its tunnel. Its stocks are up, its CEOs are optimistic, and worldwide semiconductor sales are starting to improve. AMD’s CEO sees big opportunity in the rapid pace of AI adoption. … Also: Jackie highlights some of the many new ventures manufacturers are planning to capitalize on trillions of dollars in government incentives. Their projects may be enough to stave off a recession. … And our Disruptive Technologies segment looks at the government-incentivized green hydrogen opportunity. (subscribers’ link) YRI Daily Markets Overview Replay of Dr. Ed’s webinar on May 1. Markets Stocks Rally to Cap Tumultuous Week | W Stock Markets This Week: S&P 500, Treasury Volatility Over Banking Stress | B Oil Crash Sends Speculators Fleeing at Fastest Pace in Six Weeks | B Central banks Is the Federal Reserve Done Raising Interest Rates? | W Charting the Global Economy: Fed, ECB Policies May Diverge | B Global World Trade Data Begin to Show Early Signs of ‘Reglobalization’ | B Governments are living in a fiscal fantasyland | E US Thousands of Jobs Were Added in April—Even in Industries With Layoffs | W Will Biden Invoke the 14th Amendment to Avoid US Default? | B The Fed’s Barr Review of Silicon Valley Bank Comes Up Short | BR It’s Not Just Bud Light. The War Over ‘Woke’ Is Hitting Corporate America. | BR Biden defends son Hunter ahead of possible federal tax, gun charges | C Geopolitics & trade Germany’s Scholz says more renewables key to lower industry costs | R Poland to call for EU sanctions on imports of Russian farm products | R Industries & companies Banks: Should You Buy Regional Bank Stocks Like PacWest and Western Alliance Now? | BR Banks: FDIC Mulls Loss-Sharing With Nonbanks to Boost Bids on Failures | B Energy: Biofuel Stocks Could Recover After an Industry Upheaval | BR Media: Paramount Shares Drop 28% as Streaming Costs Mount | W Media: Threat of TikTok ban has creators seeking to build Instagram following | C Pharma: Weight-Loss Drugs Will Be Blockbusters. Here’s the Stock to Buy. | BR Restaurants: Why McDonald’s, Sweetgreen, and others are getting rid of dining rooms and testing “digital kitchens” | Vox Corporate finance Impactive takes a stake in Clarivate and sets the tone for activism in the post-SPAC world | C Beyond markets The Covid–19 Crisis Is Officially Over. Everything Changed. | W King Charles III Is Crowned in Lavish Coronation Ceremony | W Charles III Coronation: How Much Will it Cost and Will UK Economy Be Affected? | B Opinion | We’re All Paying For Private Jet Travel | N How to battle superbugs with viruses that “eat” them | E

May 05 (Friday) Latest Morning Briefing Executive Summary: Semis, Onshoring Boom & Hydrogen The semiconductor industry is breaking out into the light at the end of its tunnel. Its stocks are up, its CEOs are optimistic, and worldwide semiconductor sales are starting to improve. AMD’s CEO sees big opportunity in the rapid pace of AI adoption. … Also: Jackie highlights some of the many new ventures manufacturers are planning to capitalize on trillions of dollars in government incentives. Their projects may be enough to stave off a recession. … And our Disruptive Technologies segment looks at the government-incentivized green hydrogen opportunity. (subscribers’ link) YRI Daily Markets Overview Replay of Dr. Ed’s webinar on May 1. Markets U.S. bankers urge SEC to probe short sales, reduce ‘abusive’ trading | R Central banks European Central Bank Slows Pace of Rate Increases | W Is the Federal Reserve Done Raising Interest Rates? | W Central bank gold demand hits first-quarter record, investments surge | C US Americans growing worried about the safety of their bank deposits | C Column: US industrial recession cuts diesel and electricity use | R Opinion | Doing Whatever It Takes on Debt | N Industries & companies Autos: Tesla raises price of Model S and Model X in China by $2,749 | C Financials: Regional banks fall; PacWest down 50% | C Logistics: Shopify to Lay Off 20% of Its Workforce as It Sells Logistics Business to Flexport | W Media: Twitter’s Blue Check Marks Become Polarizing Symbol of Elon Musk’s Tenure | W Tech: Apple layoffs are a ‘last resort,’ CEO Tim Cook says | C Tech: Apple posts record quarter in India, Tim Cook hails ‘tipping point’ | C Climate Environmental Issues Complicate Glencore’s $23 Billion Merger Fight | W Pollution Reveals What Russian Statistics Obscure: Industrial Decline | W

May 04 (Thursday) Latest Morning Briefing Executive Summary: Semis, Onshoring Boom & Hydrogen The semiconductor industry is breaking out into the light at the end of its tunnel. Its stocks are up, its CEOs are optimistic, and worldwide semiconductor sales are starting to improve. AMD’s CEO sees big opportunity in the rapid pace of AI adoption. … Also: Jackie highlights some of the many new ventures manufacturers are planning to capitalize on trillions of dollars in government incentives. Their projects may be enough to stave off a recession. … And our Disruptive Technologies segment looks at the government-incentivized green hydrogen opportunity. (subscribers’ link) YRI Daily Markets Overview Replay of Dr. Ed’s webinar on May 1. Markets Corporate Profit Margins Are Finally Stabilizing, Creating New Tailwind for Stocks | W Treasury Yields May Fall to 2% as Gundlach, Banks Eye Recession | B Central banks Pushback Against Powell’s Prognosis Comes Almost Immediately | B Federal Reserve Raises Rates, Signals Potential Pause | W What a Fed response to a US debt default could look like | R US President Biden and Schumer must get to work to break the debt limit stalemate | The Hill A Congressional Regulatory Report Card Can Begin To Address Biden’s New Attempts To Downplay Regulatory Costs | FO China China’s skidding factory sector taps brakes on economic recovery | R Europe Europeans drain billions from banks, fed up with shrinking savings | R Geopolitics & trade Russian Vessels Photographed at Nord Stream Site Days Before Blast | W Did Russia stage the Kremlin drone attack it blamed on Ukraine? | C Industries & companies Airlines: Analysis: Delta’s pilot deal turns up the heat on rival airlines’ union negotiations | R Financials: Banking’s Toaster Days Are Back as Interest Rates Rise | B Financials: US Reviews Goldman Sachs Role With Silicon Valley Bank (SVB) Before Collapse | B Financials: Car Insurance Rates Are Going Up Again | W Media: FTC Proposes Barring Meta From Monetizing Young Users’ Data | W Restaurants: Restaurants, Food Companies Pursue Budget-Minded Consumers as Inflation Persists | W Retail: Nordstrom Is Closing San Francisco Stores as Cities’ Retail Pain Grows | W Corporate finance Toronto-Dominion Bank, First Horizon Terminate Merger Agreement | W   Technology We’re far from human-level A.I., early DeepMind investor says | C Opinion | Lina Khan: We Must Regulate A.I. Here’s How. | N Slack GPT AI chatbot can take notes, summarize messages and more | C

May 03 (Wednesday) Latest Morning Briefing Executive Summary: Capital Spending, Automation & Earnings While surveys of business managers’ capital spending plans suggest more spending caution, that could partly reflect all the recession talk recently. Actual capital spending shows no sign of recession; it hit a record high last quarter. … Also: Factory managers are flocking to technological solutions to their many challenges, reports Jackie; Rockwell updates the story. … And: Joe reviews what Q1 results reported to date collectively say about how companies fared last quarter and how results jibe with analysts’ expectations. Notably, analysts haven’t been slashing estimates after hearing managements’ conference calls, as they’ve done in recent quarters. (subscribers’ link) YRI Daily Markets Overview Replay of Dr. Ed’s webinar on May 1. Markets Column: Oil prices drift down on renewed economy concerns | R Currency Column: Pandemic-sized euro surge now a boon for ECB | R U.S. government destroying the dollar’s value through inflation | WT Central banks Fed likely to hike rates, hint at pause in tightening cycle | R What a Fed Debate 17 Years Ago Reveals About Its Rate Deliberations Now | W Fed Should Pause Rate Increases After This Week, Former Vice Chair Says | W   US Why Is Inflation So Sticky? It Could Be Corporate Profits | W Job Openings Near Two-Year Low as Layoffs Jump | W ADP jobs report April 2023: | C Mortgage demand drops as bank failures hit jumbo loan rates | C Tight Supply Fuels Demand for Newly Built Homes | W Giving firms like Amazon tax breaks are a losing bribe | P New York, California losing billions in income to low-tax states | C China Chinese Travelers Swarm Domestic Tourist Sites, a Positive Sign for Economy | W Europe Europe’s Banks See Drop in Loan Demand But Stay Upbeat on Profit | B Geopolitics & trade European Economies Are Finding New Ways to Pay for War on Their Doorstep | W Industries & companies Financials: Michael Milken says recent crisis is the same mistake banks have been making for decades | C Pharma: Alzheimer’s: Eli Lilly treatment donanemab slowed disease progression | C Technology AI ‘Will Cause Real Damage,’ Microsoft (MSFT) Chief Economist Warns | B Microsoft economist warns of A.I. bad actors meddling with elections | C Gen Zers Are Snapping Up Flip Phones. They Might Be Onto Something. | W Beyond markets Eighth-Graders Don’t Know Much About History, Test Scores Show | W

May 01 (Monday) Latest Morning Briefing Executive Summary: China, Energy & CO2 China’s President Xi has been pursuing an ambitious agenda for the nation, brazenly at that. Jackie reports on measures China has taken to step into the limelight on the world stage, beef up its military might, tighten its grip over multinationals operating there, and get its currency into global circulation. … Also: Energy markets are sending mixed signals, clouding the forecast. For the oil industry, tumbling earnings and revenues consensus expectations may be off the mark if optimistic oil price forecasts pan out. … And in our Disruptive Technologies segment: Expect to see more companies capturing their carbon—and attractive tax credits. (subscribers’ link) YRI Daily Markets Overview Replay of Dr. Ed’s webinar on April 24. Markets Stock Market Calm Rekindles Debate Over Fed Tightening | W Many Stocks Look Attractive. The Stock Market Doesn’t. | BR How Activist Investors Target Companies in a Choppy Market | BR Asset managers control a growing share of society’s essentials | E The power and the limits of the American dollar | E   Central banks The Federal Reserve Has No Good Choices. Why More Pain Is Coming | BR US Republicans Effectively Voted to Raise Taxes. They’re Fine With That. | W   Europe Inflation’s Trickier to Tame in Europe Than the U.S. Parisian Bakeries Show Why. | BR France’s food-price inflation to ease off by September, minister says | R China China factory activity unexpectedly cools in April | R If China’s growth is so strong, why is inflation so weak? | E China’s Oil Strategy Mixes Diplomacy and a Domestic Drilling Push | W China’s Consumers Lead Recovery in April | W Hollywood is losing the battle for China | E China weighs giving single women IVF access to stem population decline | R China Locks Information on the Country Inside a Black Box | W   Geopolitics & trade China’s latest attempt to rally the world against Western values | E On China, Japan’s PM wants diplomacy, not war | E Industries & companies Autos: GM’s Chevy Bolt Heads to Scrapyard With Mixed Legacy | W Financials: Banks Are In a Tough Spot as Rates Rise. 3 Places to Hide. | BR Housing: The Building Boom Is Prolonging Market Pain | W Retail: Bed Bath & Beyond store closures kick off land grab | C Tech: Big Tech’s Rebound Plays to Individual Investors’ Growth-Stock Bets | W Tech: Big Tech Earnings Spark Hope That Worst Is Over | W   Technology Yuval Noah Harari argues that AI has hacked the operating system of human civilization | E ChatGPT raises questions about how humans acquire language | E ChatGPT and Other AI Tech Relies on Your Contributions | W Elon Musk: SpaceX’s Starship costing about $2 billion this year | C   Corporate finance SoftBank’s Arm registers for blockbuster U.S. IPO | C JPMorgan, PNC Bidding for First Republic as Part of FDIC Takeover | W Exclusive: Subway comes up with $5 billion debt plan to clinch $10 billion-plus sale | R J&J’s Kenvue Spinoff: A Rare IPO Winner in a Moribund Market | BR

April 29 (Saturday) Latest Morning Briefing Executive Summary: Tech, Staples & Robotaxis Before long, every large corporation will be following in PricewaterhouseCoopers’ footsteps and trying to leverage AI to their advantage. Microsoft is well positioned to benefit via its OpenAI investment and Azure cloud computing service. … Consumer Staples companies have turned investors’ heads with stellar March-quarter results, buoyed by pricing power. But their unit sales growth might be vulnerable to price-sensitive consumers’ disloyalty. … And in our Disruptive Technology segment, Jackie explores the Achilles’ heel of autonomous vehicles: situations they haven’t been programmed for. (subscribers’ link) YRI Daily Markets Overview Replay of Dr. Ed’s webinar on April 24. Markets Stocks Notch Second Month of Gains | W Central banks Key inflation gauge for the Fed rose 0.3% in March as expected | C Fed Emergency Loans Rise Again Amid Renewed Financial Stress | B After SVB Failure, Fed’s Barr Seeks Sweeping Changes to Bank Rules | B Fed Report on Silicon Valley Bank Collapse Finds Regulators Failed to Act | W Fed report on SVB collapse faults bank’s managers — and central bank regulators | C US Wage Gains Pick Up as Fed Contemplates Next Rate Decision | W Lael Brainard’s White House Challenge: Shielding Fallout From High Inflation, Rates | W Companies Are Colluding to Cheat H-1B Visa Lottery, U.S. Says | W Jim Cramer: Consumer goods stocks are set to keep running, so buy now | C China China’s ‘Ugliest Buildings Survey’ Showcases Weird Architecture | B Geopolitics & trade Europe Takes Tougher Stance Toward China in Boost to US Policy | B Chinese Warships and Planes Test Taiwan Defenses | W Industries & companies Banks: JPMorgan, PNC Bidding for First Republic as Part of FDIC Takeover | W Banks: First Republic likely headed for FDIC receivership, sources say; shares drop 40% | C Energy: Exxon Has 40 Billion Reasons to Go Shopping | W Restaurants: ‘Too Many Seats, Too Few Butts’ Mean Changes at Your Favorite Restaurant | W Technology ChatGPT Will See You Now: Doctors Using AI to Answer Patient Questions | W How A.I. could change the future of work | C Tech earnings calls show mega-cap companies going big on A.I. | C Beyond markets They Want to Change the World. They Would Also Like a Raise. | N U.S. Covid-19 Deaths and Hospitalizations Near New Lows | W

April 28 (Friday) Latest Morning Briefing Executive Summary: Tech, Staples & Robotaxis Before long, every large corporation will be following in PricewaterhouseCoopers’ footsteps and trying to leverage AI to their advantage. Microsoft is well positioned to benefit via its OpenAI investment and Azure cloud computing service. … Consumer Staples companies have turned investors’ heads with stellar March-quarter results, buoyed by pricing power. But their unit sales growth might be vulnerable to price-sensitive consumers’ disloyalty. … And in our Disruptive Technology segment, Jackie explores the Achilles’ heel of autonomous vehicles: situations they haven’t been programmed for. (subscribers’ link) YRI Daily Markets Overview Replay of Dr. Ed’s webinar on April 24. Markets Here’s why the stock market had such a massive rally Thursday | C   Central banks Sluggish growth and high inflation leave ECB in tight spot | R Wage Growth, Inflation Data to Inform Fed Before Rate Decision | W US Where the trucking and rail recession is showing up in economic data | C More Gen Z Adults Are Living Paycheck to Paycheck in the US | B 73% of millennials are living paycheck to paycheck, new report finds | C US, UK Households Are ‘Cash-Stuffing’ to Cope With Cost-of-Living Jump | B Europe Europe’s Economy Barely Avoids Recession | W China China Celebrates Economic Recovery, Pledges More Help on Jobs | W China investment consensus cracks as politics fuel fears | R China migrants use social media on long trek to the U.S. | R Geopolitics & trade China’s Xi Seeks to Regain Initiative in Europe Through Ukraine | W China Ratchets Up Pressure on Foreign Companies | W Industries & companies Autos: EV Chargers Become a Hot Commodity at Hotels | W Energy: Exxon, Chevron Profits Are Robust Even as Oil Prices Drop | W Financials: The Fed’s Postmortem on Silicon Valley Bank Releases Today. Here’s What to Expect. | W Financials: Lazard (LAZ) to Cut Workforce 10% as CEO Predicts Slump Through 2023 | B Financials: U.S. officials lead urgent rescue talks for First Republic | R Climate Europe’s Green-Energy Push Struggles to Match U.S. Momentum | W   Corporate finance            On capital gains taxes, Biden should look back at history | The Hill Technology Europe to ChatGPT: Disclose Your Sources | W I Cloned Myself With AI. She Fooled My Bank and My Family. | W Beyond markets ‘That’s Just Crazy’: The Metropolis Where Rents Rise 60%, 75%, Even 100% | W