Thursday's News Links

[Yahoo/Bloomberg] Stocks to Commodities Sink on Fed, Growth Worries: Markets Wrap

[Yahoo/Bloomberg] China Tech Rout Deepens as New Regulations Mulled; Alibaba Dives

[Reuters] Stocks tumble, dollar climbs as taper and virus fears spook markets

[Yahoo/Bloomberg] Oil Buckles to Lowest Since May as Fed Signals Intent to Taper

[Yahoo/Bloomberg] Copper and Iron Ore Tumble as Growth Fears Roil Metals Markets

[Reuters] China Huarong bonds jump on capital restructuring plan

[AP] US jobless claims hit a pandemic low as hiring strengthens

[CNBC] Rent is about to go up again—here’s why

[Reuters] Chinese regulators summon Evergrande bosses, warn on debt risks

[Yahoo/Bloomberg] Xi Sends Warning to Investors With Delayed Huarong Lifeline

[Reuters] Toyota slashes September output amid chip crunch, COVID resurgence

[Reuters] 'Down to nothing' - dry, heavy winds stoke growing California wildfires

[Reuters] Drought-weakened bee colonies shrink U.S. honey crop, threaten almonds

[CNBC] Climate change will disrupt supply chains much more than Covid — here’s how businesses can prepare

[Bloomberg] Chinese Academics Call for Wealth Tax to Redistribute Income

[NYT] U.S. and I.M.F. Apply a Financial Squeeze on the Taliban

[WSJ] Chinese Bad-Debt Manager Huarong to Be Bailed Out by State-Owned Companies

[WSJ] China’s Communist Party Goes Back to Basics: Less for the Rich, More for the Poor

[WSJ] U.S. Tightens Focus on China After Afghanistan Withdrawal

[FT] Most Fed officials believe stimulus could start winding down this year

[FT] The case for continuing QE is hard to fathom

[FT] China’s under-pressure Huarong reveals $15bn loss

Wednesday Evening Links

[CNBC] Stock futures are flat after a market sell-off amid Fed’s taper discussion

[Reuters] Minutes highlight a Fed split over labor market, bond-buying taper

[Reuters] U.S. homebuilding stumbles amid unrelenting supply constraints

[CNBC] 61% of Americans paid no federal income taxes in 2020, Tax Policy Center says

[Reuters] U.S. will limit some Chinese passenger air carriers to 40% capacity -order

Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks Slump, Bonds Waver With Fed Taper in Focus: Markets Wrap

[Reuters] S&P 500, Dow edge lower ahead of Fed minutes 

[Reuters] Oil slides as COVID-19 surge, firmer dollar overshadow U.S. crude drawdown

[Reuters] Copper hits lowest in almost two months as concerns linger

[Yahoo/Bloomberg] Sugar Rallies as Brazil Cane Fields Scorch, Ethanol Price Soars

[CNBC] Federal Reserve preparing for taper this year, July minutes show

[Yahoo/Bloomberg] Fed Minutes Show Most Officials See Inflation Goal in Hand

[Reuters] Bullard: Misreading inflation could require "very disruptive" rate hikes - MarketWatch

[Bloomberg] China Dip Buyers Finally Reach ‘Breaking Point’ After 56% Loss

[WSJ] Fed Signals Asset Purchases Likely to Slow This Year