Traders Assess Latest Signs
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'Trader justice': Ex-SocGen trader fired for risky bets claims he was made a 'scapegoat'
A former Societe Generale trader who was fired for unauthorized risky bets has lambasted the French bank for making him a "scapegoat."CNBC - Business -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
Fed still trying to assess if recent hot inflation readings mean economy is ‘overheating,’ Goolsbee says
“Everybody’s just got to take a step back and try to figure out ‘is that a sign that the economy is overheating, or is that a sign of some other thing’?” Goolsbee said.MarketWatch - Business - Federal Reserve -
Societe Generale chief defends controls after Hong Kong trader’s unauthorized bets
The French banks both outstripped analysts’ expectations, causing their share prices to surgeMarketWatch - Business - Hong Kong -
Here’s the latest on the trial.
Douglas Daus, a forensic analyst in the Manhattan district attorney’s office, obtained the audio from the phones of Michael D. Cohen, Mr. Trump’s former fixer.The New York Times - Top stories -
How MLB Players Arrange Autographs for Each Other
As fans and collectors clamor for autographs, Major League Baseball players have built a network — and an etiquette — for signing things for each other.The New York Times - Lifestyle - MLB -
Sofia Coppola’s Latest Release? A Lip Balm With Augustinus Bader.
The tinted balm was inspired by products that the filmmaker confected as a girl to achieve the “berry-stained lips” of a character in a Roman Polanski movie.The New York Times - Lifestyle -
Boeing's Latest Trouble Is a Jet Part Caught Up in Russia Sanctions
The plane maker can’t deliver enough 787 Dreamliners after sanctions disrupted production of heat exchangers.The Wall Street Journal - World - Russia -
The Secret Recording Played at Trump’s Trial, and the Latest Cease-Fire Negotiations
Plus, the shadow over the Kentucky Derby.The New York Times - Top stories