Tuesday's News Links

[Yahoo/Bloomberg] U.S. Futures Slump as Virus Hits Travel Stocks: Markets Wrap

[Yahoo/Bloomberg] Oil Rises Toward $64 on Anniversary of Historic Crash Below Zero

[Yahoo/Bloomberg] SALT Cap Revolt Led by N.Y. Democrats Snarls Biden Spending Plan

[Yahoo Finance] Companies can't stop talking about higher costs: Morning Brief

[Yahoo/Bloomberg] Huarong Bonds Drop After Report Regulators Consider Restructuring

[Yahoo/Bloomberg] Xi Challenges U.S. Global Leadership, Warns Against Decoupling

[Reuters] China's President Xi calls for more equitable global governance

[Reuters] China leaves lending benchmark rate steady for 12th straight month

[AP] US takes steps to protect electric system from cyberattacks

[Yahoo/Bloomberg] Carry Traders Reeling From Dollar Surprises Look Elsewhere

[Bloomberg] Democrat Floats Paying for SALT Cap Repeal With More Tax Audits

[NYT] A Global Tipping Point for Reining In Tech Has Arrived

[WSJ] Procter & Gamble Will Raise Prices in September

[WSJ] Behind the Mysterious Demise of a $1.7 Billion Mutual Fund

[WSJ] Satellite Images Show Russia’s Expanding Ukraine Buildup

[FT] Xi warns against economic decoupling and calls for new world order

[FT] How Credit Suisse rolled the dice on risk management — and lost

[FT] Chinese censors take aim at former premier Wen Jiabao’s essay

Monday Evening Links

[CNBC] Stock futures are flat ahead of major corporate earnings

[Yahoo/Bloomberg] Tech Leads Stock Retreat; Dollar Falls: Markets Wrap

[Yahoo/Bloomberg] Biggest U.S. Banks Pile Into Cash, Securities as Loans Fall

[AP] Biden feels heat on emissions goal as climate summit nears

[Yahoo/Bloomberg] Plumber Buying Doge Shows Retail Investors’ Power in Crypto

[Yahoo/Bloomberg] Deep Freeze Could Cause Damage to Texas, Oklahoma Wheat Crops

[AP] India’s capital to lock down amid explosive virus surge

[Yahoo/Bloomberg] EU Says Russia Troop Move on Ukraine Border Is Largest Ever

[AP] EU warns “spark” could set of escalation at Ukraine borders

[WSJ] Why the Chip Shortage Is So Hard to Overcome

[FT] US government bond investors left bewildered by ‘bonkers’ market move

[FT] Chinese carmakers step up challenge to Tesla with blitz of new models

[FT] Is the central bank panic about the PBOC coin justified?

Monday Afternoon Links

[Reuters] S&P 500, Dow slip from record highs; Coca-Cola rises on results 

[Yahoo/Bloomberg] U.S. Stocks Drop From Record Highs; Dollar Falls: Markets Wrap

[Reuters] Exclusive: Fearing foreclosure crisis, U.S. watchdog cracks down on mortgage servicers

[Reuters] Junk, emerging-market firms eager to borrow as further rates rise in sight

[Reuters] Analysis: Beijing huddles with friends, seeks to fracture U.S.-led ‘clique’

[Reuters] Russian military build-up near Ukraine numbers more than 150,000 troops, EU's Borrell says