Tuesday, June 3, 2025

Wednesday's News Links

[CNBC] S&P 500 wavers after weak ADP jobs report raises worries about the economy: Live updates

[Yahoo/Bloomberg] Oil Steadies With Focus on Canada Wildfires, US Crude Stockpiles

[Reuters] Higher metals tariffs kick in as deadline for 'best' offers arrives

[Reuters] Global alarms rise as China's critical mineral export curbs take hold

[CNBC] Private sector hiring rose by just 37,000 in May, the lowest in more than two years, ADP says

[CNBC] Mortgage demand drops for the third straight week, even as interest rates ease

[Yahoo/Bloomberg] Trump Says China’s Xi Is ‘Extremely Hard to Make a Deal With’

[The Hill] Why TACO trade gets under Trump’s skin

[AP] US and Europe trade negotiators discuss tariffs in Paris

[Reuters] Trump says Fed's Powell must lower interest rate

[Yahoo/Bloomberg] Rubio Eulogizes Tiananmen Protesters as Tariffs Test Ties

[Yahoo/Fortune] The U.S. minted more than 560,000 new millionaires in 2024, far outpacing other countries

[Reuters] Europe's auto parts suppliers suspend output due to China's rare earth curbs

[Yahoo/Reuters] BOJ to consider slowing pace of bond tapering next year, sources say

[Reuters] Expanding missile threats and airspace closures are straining airlines

[Bloomberg] Iran’s Khamenei Spurns ‘Arrogant’ US Nuclear-Deal Proposal

[Bloomberg] Trump and Xi Views on Rare Earths Deal Differ, Trade Expert Says

[WSJ] GOP Senators’ Demands Push Megabill Price Tag Up

[WSJ] Global Investors Have a New Reason to Pull Back From U.S. Debt

[WSJ] Iran’s Supreme Leader Rejects U.S. Nuclear Deal Offer

[WSJ] Automakers Race to Find Workaround to China’s Stranglehold on Rare-Earth Magnets

[WSJ] Elon Musk Calls Trump Megabill a ‘Disgusting Abomination’

[WSJ] Inside the Ukrainian Drone Operation That Devastated Russia’s Bomber Fleet

[FT] Donald Trump says China’s Xi Jinping is ‘hard to make a deal with’

[FT] Iran’s supreme leader hits back at US nuclear proposal

[FT] We have ‘surrendered more to the machines’, says quant fund titan Cliff Asness

[FT] Europe confronts Trump’s triple threat on Ukraine, Nato and trade

[FT] Iranians seek safety in gold from sanctions and military threats