wiar 02-17-23

MFwebsite2020researchWhat I Am Reading

February 17 (Friday)

Latest Morning Briefing Executive Summary: Industrials, Chinese Spies & MIT’s Picks
Three pieces of recent legislation incentivize manufacturers to produce their goods on US soil, and the amount being spent on the construction of new factories has risen sharply, presumably in response. Jackie examines the projects planned by three such companies—a solar panel maker, a semiconductor manufacturer, and Ford Motor. … Also: We recap the DOJ’s recent efforts to stop Chinese spies intent on stealing US technology and defense secrets. … And: A look at several innovations on MIT’s short list of life-changing new technologies.
(subscribers’ link)

YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on February 13.

Markets
Wall Street ends down sharply as data fuels rate-hike worries | R
Column: Rising flow of Russian oil products to China, India and the Middle East | R

Central banks
Two Fed Officials Would Have Supported Larger Rate Increase This Month | W
Federal Reserve Officials Support More Rate Hikes to Ensure Lower Inflation | B

US I
U.S. Households Lifting Economy After Being Stung by Inflation Last Year | W
U.S. lawmakers seek answers from egg companies on record-high prices | R
Why Does Pet Food Cost So Much? | W
Column: U.S. jet fuel shortage drives airline costs higher | R
January PPI Report Shows Producer Prices Rose, Pointing to Persistent Inflation | W

US II
Credit Card Debt: Americans Have Racked Up Nearly $1 Trillion in Balances | B
Why some young laid-off workers aren’t rushing to find new jobs | C
Expert: NY’s high taxes pushing out the residents who fund the state | P

US III
U.S. Could Default as Soon as July if Debt-Ceiling Standoff Isn’t Resolved | W
President Biden ‘Remains Fit for Duty,’ White House Doctor Says | W
Nikki Haley’s Cognitive Test for Elderly Politicians Is Ageist | B
Nikki Haley Calls Out CNN’s Don Lemon’s Comments on Twitter | B

Europe
French Workers Hold Fresh Strikes Against Macron’s Pension Overhaul | W

Flying objects
Biden says he will speak to China’s Xi about balloon incident | R
Biden says three recently downed aerial objects were not linked to Chinese spy program | C

Industries & companies
Autos: GM’s Barra Says Strong Truck Sales Are Funding Electric Car Sales Blitz | B
Autos: Tesla recalls 362,000 U.S. vehicles over Full Self-Driving software | R
Consumer: Inside Meta’s Push to Solve the Noisy Office | W
Financials: Car insurance is on the rise in 2023 — Here’s how to save | C
Media: YouTube CEO Susan Wojcicki says she’s stepping down | C
Pharma: Adderall Shortage 2023: Teva’s ADHD Drug Is Missing for Millions of Americans | B
Retail: By Adding Apartments, Malls Seek to Bring Shopping Closer to Home | N

Technology
Microsoft’s Bing A.I. is leading to creepy experiences for users | C

Crypto
Bitcoin’s Future Depends on a Handful of Mysterious Coders | W