Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks, Bonds Rise as Taper Debate Takes Spotlight: Markets Wrap

[Reuters] Gold rises as U.S. inflation readings cool early Fed taper bets

[Reuters] U.S. yields slide after strong auction, inflation data

[AP] More red ink: US budget deficit through July hit $2.54T

[Reuters] U.S. July budget deficit hits $302 billion as spending remains high

[Reuters] Democratic divisions emerge on Senate's $3.5 trln spending plan

[Yahoo/Bloomberg] George Says Time Has Come to Dial Back Fed Monetary Stimulus

[CNBC] Labor shortage gives retail and restaurant workers the upper hand—for now

[CNBC] Florida hospitals are overrun as state fights one of the worst Covid outbreaks in the U.S.

[AP] Huge California fire grows; Montana blaze threatens towns

[AP] Severe drought devastates Washington state’s wheat crop

[WSJ] Inflation Stayed High in July as Economy Rebounded