May 28 (Friday)

YRI
Dr. Ed’s latest video podcast
Daily Markets Overview
Today’s Morning Briefing

Markets
Wall Street ekes out gain as weekly jobless claims fall | R
Five ways to trade the divergence in the Chinese yuan and U.S. dollar | C
 
Central banks
Fed’s Kaplan cites real estate excesses as one reason to start tapering purchases | C
Half a Trillion Dollars Is Sitting at the Fed Earning Nothing | B
 
US
Senate Republicans Unveil $928 Billion Infrastructure Offer | W
Biden’s budget will include $5 trillion in new federal spending over the next decade | C
Biden Budget Said to Assume Capital-Gains Tax Rate Increase Started in Late April | W
Biden’s bid to overhaul taxes on inheritances could bring new problems | C
Biden’s defense budget seeks greater China deterrence and nuclear funding | R
Biden pledges to tackle monopolies, supply shortages as prices rise | R

Industries & companies
Retail: Gap CEO: Retailer’s ‘cool’ factor and Walmart’s scale make tie-up | C
Retail: Gap (GPS) reports Q1 2021 earnings beat | C
Tech: Salesforce (CRM) earnings Q1 2022 | C

Corporate finance
James Bond, Meet Jeff Bezos: Amazon Makes $8.45 Billion Deal for MGM | N

Virus
Teachers Clear Back-to-School Hurdle for the Fall: They Want to Come Back | W
FDA, J&J Near Deal for Covid-19 Vaccine Production at Baltimore Plant | W
India’s Covid-19 Crisis Leaves Nation in Grief | W
Covid-19 Is Killing Hundreds of Pregnant Women and Babies in Brazil | W
 
Climate
The Costs of Decarbonisation: System Costs with High Shares of Nuclear and Renewables | OECD

Crypto
Cathie Wood Says Bitcoin ‘Impossible’ for Officials to Shut Down | B

Offbeat
Cathie Wood’s Bad Spring Is Only a Blip When the Future Is So Magnificent | B