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Monday, December 12, 2022

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Trim CPI-Fueled Gains With Fed Set to Hike: Markets Wrap

[Yahoo/Bloomberg] Oil Extends Gains as China Signals Further Easing of Covid Rules

[CNBC] Consumer prices rose less than expected in November, up 7.1% from a year ago

[Reuters] U.S. small-business sentiment rises in November -NFIB

[Reuters] Food inflation: Tight grain, oilseed supplies to keep prices elevated

[Reuters] Former FTX CEO Bankman-Fried arrested in Bahamas after U.S. files charges

[Reuters] Binance halts withdrawals of major USDC stablecoin

[Yahoo/Bloomberg] Binance Hit by Crypto Outflows as FTX’s Fall Shakes Exchanges

[AP] A diminished US workforce could lead Fed to keep rates high

[Reuters] Chinese leaders to signal more stimulus for 2023 as COVID clouds outlook

[Reuters] China reportedly delays key economic meeting amid signs of surging infections

[Reuters] Hit by COVID wave, companies in China strain to keep operations running normally

[AP] China students return home amid COVID travel spread fears

[Yahoo/Bloomberg] China to Set Economic Plans Amid Shift From Covid Zero to Growth

[Reuters] Exclusive: China readying $143 billion package for its chip firms in face of U.S. curbs

[Yahoo/Bloomberg] Europe’s Cold Week Strains Power Grids and Piles on Costs

[Yahoo/Bloomberg] Global Debt Market Lost at Least $75 Billion of Business in 2022

[Yahoo/Bloomberg] JPMorgan’s Kolanovic Cuts Equity Allocation on Weak 2023 Outlook

[Bloomberg] Here Are The Wildest Parts From Bankman-Fried’s SEC Allegations

[NYT] Inflation Forecasts Were Wrong Last Year. Should We Believe Them Now?

[WSJ] Shrinking Office Building Values Are Becoming a Dilemma for City Budgets

[FT] Apollo defends push to retail investors amid Blackstone storm