FURTHER FURTHER READING
- Josh Brown's notes from the Bloomberg 50 Markets Summit.
- Matt Klein and Matt O'Brien on how problems with seasonal adjustments may have influenced the US employment data since the financial crisis.
- Mark Thoma on inequality and the debt ceiling.
- Driverless cars and the third industrial revolution.
- Poor countries that spend more, get more.
FT ROUND-UP
Fed probes for leaks ahead of policy news: "The US Federal Reserve is contacting news organisations to check they followed its procedures after claims that some traders obtained early access to this month's decision on monetary policy." (Financial Times)
Applied Materials sees share boost after $10bn Tokyo Electron deal: "Applied Materials, the US maker of equipment used to manufacture semiconductors, has sought to extend its lead in one of the world's most technically challenging and capital intensive industries by acquiring Japanese rival Tokyo Electron for stock valued at nearly $10bn." (Financial Times)
Currency manipulation should be part of trade talks, Senators say: "A bipartisan majority of the US Senate demanded that US President Barack Obama address "currency manipulation" in trade negotiations with 12 Pacific nations, throwing up a potential roadblock as the talks approach their final stages." (Financial Times)
