Friday's News Links

[Yahoo/Bloomberg] Stocks Falter as Euphoria Over Fed Rate Cut Fades: Markets Wrap

[Yahoo/Bloomberg] Yen Weakens as Ueda Indicates BOJ Isn’t in Hurry to Hike Rates

[AP] Brazil drought punishes coffee farms and threatens to push prices even higher

[Reuters] Morning Bid: Taking stock after Fed glow, Japan/China hold

[Reuters] Israel and Hezbollah trade fire after heaviest airstrikes yet

[CNN Live Updates] Fears of escalation grow as Israel signals readiness for war with Hezbollah

[AP] Hezbollah hits northern Israel with 140 rockets

[Yahoo/Bloomberg] Boeing Girds for Long Strike as Gig Economy Gives Workers Clout

[Yahoo/Bloomberg] BOJ’s Ueda Lowers Risk of October Hike With Cautious Hold

[Reuters] BOJ keeps interest rate steady, upgrades view on consumption

[Reuters] Japan's core inflation accelerates for 4th month in August

[Reuters] US arm sales to Taiwan violate "One China Principle," China says

[Yahoo/Bloomberg] China Budget Spending Slide Deepens in Worrying Sign for Economy

[Yahoo/Bloomberg] China Weighs Removing Major Homebuying Curbs to Boost Demand

[Reuters] China's January-August fiscal revenue down 2.6%

[Yahoo/Bloomberg] UK Deficit Overshoots, Debt at 100% of GDP in Blow to Reeves

[Reuters] Exclusive: Hezbollah handed out pagers hours before blasts - even after checks

[NYT] Now That Rates Are Falling, Let’s Turn to Other Matters

[WSJ] Annuities’ New Golden Age Probably Isn’t Over Yet

[WSJ] Mercedes, BMW Flash Warning Lights on China

[WSJ] Why Putin’s Attempt to Rewire Global Trade Is Faltering, in Charts and Maps

[FT] Israel’s pager attack has raised the stakes in the Middle East

[FT] US and Taiwan seek to strengthen drone supply chain to keep out China

[FT] Renaissance’s shrinking hedge funds

Thursday Evening Links

[Reuters] Stocks shine, Treasury yields rise as rate cut stokes risk appetite

[Reuters] Israel unleashes heavy strikes on Lebanon as US urges urgent diplomatic solution

[Reuters] Israel destroys 1,000 Hezbollah rocket launcher barrels, military says

[CNBC] ‘Very serious escalation’: Lebanese ministers warn of a dangerous next 48 hours after pager and device attacks

[Reuters] Morning Bid: Central bank baton passes to Japan, China

[Reuters] Fed's big cut may have been closer call than lone dissent suggests

[Yahoo/Bloomberg] Summers Sees Fed Rate Projections Upended, Higher Mortgage Rates

[CNBC] Largest port on U.S. East Coast, New York/New Jersey, begins prepping for what could be first union strike since 1977

[WSJ] Israel-Hamas Deal Unlikely Before End of Biden’s Term, U.S. Officials Say

[FT] Israel strikes Lebanese targets as Hizbollah chief warns of ‘red lines’ crossed

[FT] The dramatic decline of China’s innovative start-ups

Thursday Afternoon Links

[Reuters] Wall St propelled higher by broad gains after Fed kicks off easing cycle

[Reuters] Hezbollah chief denounces Israeli attacks as warplane sonic booms rattle Beirut

[AP] Hezbollah leader vows retaliation against Israel for attacks on devices as both sides trade strikes

[Yahoo/Bloomberg] Big Banks Are Split on How Fast Fed Will Cut Interest Rates

[AP] Average rate on a 30-year mortgage falls to 6.09%, lowest level since early February 2023

[Yahoo/Bloomberg] US Mortgage Rates Fall Further, Stoking Housing Optimism