- UBS breaks down why inflation may have peaked at 8.5% – and shares 6 stock market sectors that now look cheap to navigate the uncertainty (businessinsider)
- Sustainable Investing Failed Its First Big Test. A Reckoning Is Coming. (barrons)
- China’s Central Bank Takes Small Steps to Support Economy (wsj)
- China’s Commitment to Covid-Zero Undermines Support for Market (bloomberg)
- Joe Biden resumes oil and gas leases on federal land (ft)
- China cuts banks’ reserve rules in effort to combat economic impact of Covid (ft)
- Hong Kong Reports Fewer Than 1,000 Covid Cases for Second Day (bloomberg)
- Big Banks’ Earnings Show a Clampdown on IPOs, M&A (barrons)
- For FedEx Founder Fred Smith, the Sky Is Still the Limit (wsj)
- China frees up $83 billion in cash for its banks as the economy faces its slowest growth in 3 decades (businessinsider)
- How FedEx Stock Can Finally Deliver (barrons)
- Opinion: Stocks tanked in Q1, but this new research shows there should be a reversal by the end of June (marketwatch)
- Who Burned Down the Sculpture of Xi Jinping at a California Park? (wsj)
- It’s a Bright New Day for AT&T—and Its Investors (barrons)
- New Jersey Will Start Selling Recreational Marijuana. What It Means for Pot Stocks. (barrons)
- A Big Weapon in the Pandemic Fight: Antivirals (barrons)
- How Tech-Trend Guru Mary Meeker Sees the World Now (barrons)
- China, unlike other countries, seeks more lending to help its economy. (nytimes)
- ‘Too smelly to sleep’: Thirteen days in a Shanghai isolation facility. (nytimes)
- Why Corporate Insiders Sat Out the First Quarter (barrons)
- The New York Auto Show is Back (barrons)
- Is U.S. Booming or Busting? Hard to Tell as Numbers Speak From Both Sides of Their Mouth. (barrons)
- Cheap Thrills: Munis Are Down So Much That They’re Buys Again (barrons)
- Musk Math: A Look at the Numbers Behind the Bid for Twitter (barrons)
- Why Twitter Shareholders Should Sell Out to Elon Musk (barrons)
- Tesla Could Reopen Its Shanghai Factory Next Week: Report (barrons)
- Here’s What Elon Musk Can Do if Twitter Rejects His $43 Billion Bid (barrons)
- Russia on verge of default after making payments in rubles, Moody’s warns (nypost
- Elon Musk considering bringing in partners on Twitter bid: sources (nypost)
- Dogecoin can become internet’s currency with key change: Robinhood CEO (nypost)
- How I Got Here: Michael Phelps (bloomberg)
- Several Million Seen Staying Out of Labor Force Indefinitely (wsj)
- The Chips That Rebooted the Mac (wsj)
- News in-depth. ‘You have to do things perfectly . . . but it’s so secret’ — how to build an oligarch’s yacht (ft)
- Death of Shanghai health worker sparks online zero-Covid anguish (scmp)