Wednesday, July 16, 2025

Thursday's News Links

[CNBC] Stocks are little changed as traders digest earnings, Trump-Powell feud: Live updates

[AP] Retail sales up a surprising 0.6% in June after a May pullback by consumers

[Yahoo/Reuters] US weekly jobless claims fall; job growth appears steady in July

[Yahoo/Bloomberg] Trump Escalates Campaign Against Fed Chair Powell

[Yahoo/Bloomberg] Trump Eyes Tariff Rate of 10% or 15% for More Than 150 Countries

[AP] Republican senators caution Trump against firing Fed chair Jerome Powell

[Axios] How markets might react to a Powell firing

[Yahoo/Bloomberg] Trump ‘Crypto Week’ Advances as House Conservatives End Blockade

[Yahoo/Reuters] Fed's Williams says tariff economic impact is only just starting

[Yahoo/Reuters] Fed's Williams won't comment on Trump attacks on central bank

[Yahoo/Bloomberg] Trump’s U-Turn on Nvidia Spurs Talk of Grand Bargain With China

[Axios] Trump's soft-power retreat scrambles U.S.-China race

[Yahoo/Reuters] US tariffs would eat up German growth this year and next, Bundesbank chief says

[Yahoo/Reuters] Japan's exports drop as US tariffs hit automobiles, pressure set to intensify

[Reuters] Russia must be ready to strike West if it escalates Ukraine war, Medvedev says

[Bloomberg] US Retail Sales Surge in Broad Advance, Topping Estimates

[Bloomberg] What Happens If Trump Fires Fed Chair Jerome Powell?

[Bloomberg] Tariff Risk Nudged More Firms Closer to Default, Moody’s Says

[Bloomberg] The White House’s Assault on the Fed Is Self-Defeating

[Bloomberg] The Bond Market Won’t Let America Be Irresponsible Forever

[Bloomberg] Record US Firms Cut China Investment Plans as Tariffs Spiraled

[Bloomberg] Japan Banks Flag Debt Downgrade Risk as Yields Jump Before Vote

[NYT] Trump Wants Lower Rates. Firing Powell Could Push Them Higher.

[WSJ] Firing Powell Would Be a Blunder

[WSJ] Why Political Pressure on Central Banks Is So Toxic for Investors

[WSJ] Fed’s John Williams Says Rate Stance Remains ‘Entirely Appropriate’

[WSJ] The Fed Building Renovation at the Heart of Trump’s Efforts to Oust Powell

[WSJ] China’s Solid Economic First Half Will Be a Tough Act to Follow

[WSJ] China Threatens to Block Panama Ports Deal Unless Its Shipping Giant Is Part of It

[FT] Donald Trump’s escalating attacks on Federal Reserve unnerve investors

[FT] US Senate backs $9bn in cuts to public broadcasting and foreign aid

[FT] EU prepares list of potential tariffs on US services