Category Archives: Daily Digest

• After The Banks Leave
• China Launches New App Allowing Citizens To Report Others For Expressing “Mistaken Opinions”
• Johnson & Johnson suffers another setback as FDA tells Md. vaccine maker to suspend production
• Apple reinstates Parler App after review
• New-home construction rebounds as America faces dire housing shortage
• Bitcoin’s nosedive: What happened and what’s ahead?
• India, Farming, and the Free Market
• Lumber Hasn’t Had A Down Day Since March 26… And It’s Sending Home Prices Soaring Even Higher
• China Says It Has No Desire To Replace Dollar As Global Reserve Currency With Digital Yuan

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• COVID-19’s toll on US business? An extra 200,000 closures
• Rule By Fiat: When The Government Does Whatever It Wants
• Third Pfizer COVID-19 vaccine dose ‘likely’ needed within year, CEO says
• Beijing Displaces New York To Become The World’s Billionaire Capital
• The Battery-Powered Future Depends on a Few Crucial Metals
• Covid concerns cause mortgage rates to retreat

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• Coinbase, A Bitcoin Startup, Goes Public. Is Crypto Really The ‘Future Of Finance’?
• China’s Digital Yuan Won’t Topple Dollar, BOJ Official Says
• U.S. Health Officials Continue Pause Of Johnson & Johnson Vaccine
• US housing market is nearly 4M homes short of buyer demand
• Nearly 25% Of UK ‘COVID Deaths’ Were Not Directly Caused By Virus

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• Fed’s Powell: Economy at an ‘inflection point’
• Day Traders Know a Bubble When They See One, and They Want In
• White House Convenes Summit To Address Supply Shortage Crippling Auto Plants
• ‘Fear of Missing Out’ Will Drive Workers Back Into the Office
• Heinz Promises To Catch Up To Americans’ Demand Amid Ketchup Packet Shortage
• Microsoft makes $20bn bet on speech AI firm Nuance
• Fed’s Powell warns cyber threats pose bigger danger to US economy than 2008-style financial crisis

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• The Forgotten Shipping Pallet Stages a Pandemic-Era Rally
• 744,000 Americans file for first-time jobless benefits
• More Plants At GM Go Dark As Chip Shortage Continues To Bite
• New survey shows a third of remote workers may quit if called back to the office full-time
• ‘Satan Shoes’ to be recalled as Nike agrees to settle lawsuit
• The U.S. government approved trillions in aid. Many hard-hit families have yet to receive it.

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• SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall
• Futures Trader Burns Tyson With $200 Million Loss on Fake Cattle
• “We Found Something Better Than Gold”: Rio Tinto Starts Lithium Production In The US
• Texas Courts Open Eviction Floodgates: ‘We Just Stepped Off A Cliff’
• From beer to flat-pack furniture, Suez blockage offers a global trade snapshot

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• Coinbase Posts Record $1.8 Billion In Revenue As Crypto Market Shoots Past $2 Trillion
• California’s move to ban fracking by 2027 puts jobs, livelihoods at risk, opponents say
• Why Shortages of a $1 Chip Sparked Crisis in Global Economy
• Cryptocurrency inflows hit all-time high of $4.5B in first-quarter
• U.S. Job Openings Hit Two-Year High, Signaling More Hiring Ahead
• The Housing Market Is Wild Right Now — And It’s Making Inequality Worse
• Vaccine passport apps are here. But the technical challenges are still coming.

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• China’s central bank warns of financial risks, including potential defaults
• Covid Mutants Multiply as Scientists Race to Decode Variations
• S&P, Dow surge to record highs after strong jobs report
• Don’t Let China Mint the Money of the Future
• Yellen to push for global minimum tax rate on corporations
• Crews Drain Florida Wastewater Pond As Leak Threatens To Unleash ‘Catastrophic Flood’
• Americans think it’s better to invest in housing than the stock market — here’s why
• A 4th COVID-19 Surge May Be Starting. How Bad Could It Get?
• The IRS wants to know all about your Bitcoin holdings — and this court summons is a reminder

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• Is Chipotle’s bitcoin burrito deal bullish for cryptocurrency?
• Crypto investor who bought Beeple’s NFT for $69 million says he would have paid even more
• Kimberly-Clark says Cottonelle, Scott toilet paper price hikes coming
• UK Reports 25 New Cases Of Rare Blood Clots Linked To AstraZeneca Jab
• Suez Canal traffic jam eases after ship unblocked
• White House Enlists Governors To Help Boost “Public Confidence” In JNJ Jab

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• Johnson & Johnson Reports Vaccine Batch Ruined At Baltimore Factory
• Lagarde Says ECB Could Have Digital Currency Within Four Years
• Bitcoin and ether climb after Visa says it will allow payment settlements using cryptocurrency
• 15 Million N95s Without A Buyer
• Biden unveils ‘once in a generation’ spending plan
• Global Petroplastic Markets Set To Explode This Year

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