Morning News: May 11, 2023

How the U.S. Is Trying to Block China’s Control of Ports Around the Globe

Luxury Imports to Russia Take a Detour Around Sanctions — Through Dubai

Bank of England Raises Interest Rates to Highest Level in 15 Years

US Credit Crunch Didn’t Start with SVB Collapse, and May Not End There

Why the April Inflation Report Reinforces the Fed’s Plans to Pause

Yellen Says Debt Default Would Hurt US International Leadership

How Past Debt Limit Crises Shaped Biden’s No-Negotiation Stance

We May Be Getting Used to High Inflation, and That’s Bad News

Food Prices Were Flat in April, Report Shows

Almost Every Powerful Economist We Have Went to 1 of 6 Schools. That’s Not Great!

BlackRock Overhauls Leadership of $300 Billion Credit, Private Asset Unit

Aramco Postpones Giant Energy-Trading IPO Over Market Volatility

‘De-Americanize’: How China Is Remaking Its Chip Business

U.S. Focuses on Invigorating ‘Chiplets’ to Stay Cutting-Edge in Tech

SoftBank Posts Record $32 Billion Loss at Its Vision Fund Tech Investment Arm

Robinhood Stock Rises After Earnings. Its Hottest Product Now Is Cash

The Executive Keeping Tesla Rolling Isn’t Elon Musk

Disney Makes Tough but Necessary Choices on Streaming

Workers Are Happier Than They’ve Been in Decades

Work-Life Balance Is Their Second Priority. Work Is Their First

The Plot to Steal the Other Secret Inside a Can of Coca-Cola

Be sure to follow me on Twitter.

Posted by on May 11th, 2023 at 7:05 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.