June 04 (Friday)

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

Markets
Stocks Drop as Technology Shares Retreat | W
Low tax stocks slide after report that Biden pushes 15% minimum rate | C

Central banks
Fed’s Williams Says Economy Far From Levels Needed to Pare Stimulus | W
With or Without the PBOC, the Yuan Is Set to Weaken From Here | B

US I
Biden Floats 15% Minimum Corporate Tax in Talks With GOP | B
Biden Signals Flexibility on Taxes for Infrastructure | W
Infrastructure: Biden wants Republican Capito to increase counteroffer | C
Labor Shortage Draws Attention of U.S. Lawmakers | W

US II
Record-high number of U.S. small businesses can’t fill job openings – NFIB | R
Restaurants, Supermarkets Can’t Find Enough Workers to Open New Locations | W
Opinion | Americans Don’t Want to Return to Low Wage Jobs | N
More than 14% of renters still behind on rent as eviction ban ends | C
Millennials Age 40 With No Home, More Debt Run Out of Time to Build Wealth | B

China
China President Xi Jinping Seeks ‘Lovable’ China Image in Diplomatic Rethink | B

Geopolitics & trade
‘They are hair on fire’: Biden admin mulling cyber attacks against Russian hackers | C
Biden Expands Blacklist of Chinese Companies Banned From U.S. Investment | W
Biden prohibits U.S. investment in 59 Chinese companies | C

Industries & companies
Autos: Ford to expand profitable truck lineup with new small Maverick pickup | C
Energy: The Climate Yawns at Exxon ‘Coup’ | W
Media: AMC ends wild trading day down 18% after share sale | C
Pharma: Breast-Cancer Pill Reduced Recurrence, Death in Early-Stage Patients, Study Finds | W
Retail: Lululemon (LULU) reports Q1 2021 earnings | C

Corporate finance
Bill Ackman’s SPAC is close to a $40 billion deal with Universal Music | N

Cryptocurrency
DeFi Is Helping to Fuel the Crypto Market Boom—and Its Recent Volatility | W

Virus
Europe Pushes Alternative to Waiving Patents on Covid-19 Vaccines | W

Offbeat
Salvatore Garau lo Sono invisible sculpture 18k usd sale | HYPEBEAST