Mar 19 (Friday)

Markets

Dow closes more than 200 points lower as banks sell off, breaks a two-week win streak | C

Rate fears are getting the blame for recent stock weakness, but other factors are at play | C

Central banks

It’s Time to Talk About the Bogeyman in the Market: Inflation | B

Why the Fed is not fazed by higher rates … yet | C

The Fed will not extend a pandemic-crisis rule that had allowed banks to relax capital levels | C

US

Economy Revs Up as Americans Increase Spending on Flights, Lodging, Dining Out | W

US fiscal policy

Bill Gates Says Some Tax Proposals Have Gone ‘Too Far’ | B

China

China to Restrict Tesla Use by Military and State Employees | W

 

Geopolitics & trade

Bitter Alaska Meeting Complicates Already Shaky U.S.-China Ties | W

Here are the highlights from the heated exchange between the U.S. and China in Alaska | C

China Buys More Iranian and Venezuelan Oil, in a Test for Biden | W

In Washington, ‘Free Trade’ Is No Longer Gospel | N

Industries & companies

Airlines: United’s Recent Engine Failure Spooked Denver. It’s Happened Before. | W

Financials: Visa says the DOJ plans to probe its debit card practices, shares fall 6% | C

Media: How Covid-19 Supercharged the Advertising ‘Triopoly’ of Google, Facebook and Amazon | W

Virus

Spring Arrives in Paris, Along With Another Covid-19 Lockdown | W

Fauci says the variant from the U.K. likely accounts for up to 30% of Covid infections in U.S. | C

CDC shortens Covid social distancing guidelines for kids in school to 3 feet with masks | C

Scientists Say They Found Cause of Rare Blood Clotting Linked to AstraZeneca Vaccine | W

Capitalism Is What Will Defeat Covid | W

Offbeat

Bill Gates says he’ll fly a lot less and eat more synthetic meat to fight climate change | C

Volcano erupts in Iceland near capital following weeks of seismic activity | C