Thursday's News Links

[Yahoo/Bloomberg] Nasdaq Jumps 2% as Big Fed Cut Spurs Rally: Markets Wrap

[Reuters] US homebuilder stocks surge on hopes for demand boost after Fed rate cuts

[Yahoo/Bloomberg] Oil Rises as Markets Rally on Fed’s More Aggressive Rate Cut

[Yahoo/Bloomberg] Copper Notches Two-Month High On Powell’s Half-Point Rate Cut

[Yahoo/Bloomberg] Wall Street’s $5.1 Trillion Triple-Witching Is Next Market Test

[Reuters] Israeli planes bomb southern Lebanon after radio blasts

[Yahoo/Bloomberg] Exploding Gadgets Deathtoll Rises in Lebanon as Israel Steps up Talk of War

[Reuters] US current account deficit widens sharply in second quarter on imports

[Reuters] US weekly jobless claims unexpectedly fall

[CNBC] August home sales drop more than expected, as prices set a new record

[Dow Jones] Philadelphia Fed's factory gauge moves back into growth territory in September

[Reuters] Fed sees higher 'terminal' rate, reached sooner: McGeever

[Yahoo/Bloomberg] Private Credit Premiums Shrink as Investors Warn of Defaults

[AP] Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut

[Reuters] China to ramp up policy steps to revive economy but no 'bazooka' stimulus seen

[Reuters] Exclusive: US keeps missile system in Philippines as China tensions rise, tests wartime deployment

[Bloomberg] Xi Unleashes a Crisis for Millions of China’s Best-Paid Workers

[Bloomberg] Xi’s Nationalism Faces Reckoning After Murder of Japanese Boy

[NYT] America’s Inflation Fight Is Ending, but It’s Leaving a Legacy

[WSJ] Big Rate Cut Forces Fed to Contend With New Obstacles

[WSJ] Tech Jobs Have Dried Up—and Aren’t Coming Back Soon

[WSJ] Pentagon Worries Israel Is Close to Launching Ground War in Lebanon

[WSJ] Putin Is Under Pressure to Call Up More Troops for War of Attrition

[FT] Citadel Securities doesn’t want to be a member of the world’s most important club

[FT] Why the Federal Reserve opted for the big interest rate cut

[FT] China’s growing military activity makes a shift to war harder to spot, Taiwan warns

Wednesday Evening Links

[Reuters] Equities close slightly lower, trade choppy after Fed rate cut 

[Yahoo/Bloomberg] Credit Risk Gauge Eases as Fed Cuts for First Time in Four Years

[Reuters] Hezbollah devices explode again in Lebanon, raising fears of wider Israel conflict

[CNN Live Updates] Israel and Hezbollah

[Yahoo/Bloomberg] Wall Street’s New Era Is Off to Rocky Start as Fed Sows Doubts

[Reuters] UAW members at Ford's River Rouge tool and die unit set strike deadline

[Fortune] Jamie Dimon Says an "Evil Axis" of Counties Are His Top Concern for the Next 100 Years

[Yahoo/Bloomberg] Brazil Central Bank Hikes Interest Rate to 10.75% as Economy Runs Hot

[Yahoo/Bloomberg] Historic Rainfall Inflicts Chaotic Floods Across Four Continents

[AP] A war with Hezbollah may be looming. Is Israel prepared?

[WSJ] Republican Divisions Sink House Bill as Government Shutdown Nears

[WSJ] Boeing Furloughs White-Collar Workers as Strike Worsens Cash Crunch

[FT] Federal Reserve cuts rates by half a point and signals era of easing has begun

[FT] Hizbollah walkie-talkies explode in Lebanon in second day of blasts

[FT] Hizbollah reels after mass device detonations

Wednesday Afternoon Links

[CNBC] Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years

[CNBC] Fed meeting live updates: Fed lowers interest rates by half point, its first cut since 2020

[AP] Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight

[Reuters] Fed cuts rates by half a percentage point, cites 'greater confidence' on inflation

[Reuters] US Fed Rate Cut Live: Fed cuts rates by 50 basis points

[Reuters] Fed policymakers see end-2024 policy rate at 4.4%: projections

[Reuters] Attacks in Lebanon: First pagers, now walkie-talkies