Monday, July 28, 2025

Tuesday's News Links

[CNBC] Stocks move higher after S&P 500 ekes out another closing record: Live updates

[Reuters] Explainer: What's at stake for Japan's fragile bond market this week

[AP] Federal Reserve likely to stand pat on rates this week, deepening the gulf between Powell and Trump

[Reuters] Fed's policy toolkit may be headed for fundamental changes

[Reuters] US, China resume talks in Stockholm to ease tariff hostilities

[Reuters] What's in Trump's trade deal with Europe?

[AP] Trump’s tariffs could squeeze US factories and boost costs by up to 4.5%, a new analysis finds

[Politico] Trump got his tariff hike. The rest remains murky.

[Axios] Drug prices likely to rise with tariffs on EU

[AP] Cheyenne to host massive AI data center using more electricity than all Wyoming homes combined

[Yahoo/Reuters] Ex-BOJ deputy chief Nakaso sees 'cracks' in dollar's supremacy

[Yahoo/Reuters] UBS orders bankers to scale back sale of complex currency products, FT reports

[Yahoo/Bloomberg] Taiwan Leader Calls Off US Stopover as Trump Seeks Xi Summit

[Bloomberg] The Boom in AI Is Stressing the Largest US Power Grid

[Bloomberg] US Needs More Negotiations With India for Trade Deal, Greer Says

[Bloomberg] Lutnick Sees Likely 90-Day Extension of China Trade Truce

[Bloomberg] US Credit Conditions Deteriorate Following Tariffs, Moody’s Says

[Bloomberg] Japan Ruling Party to Discuss Prime Minister Ishiba’s Fate Soon

[Bloomberg] China’s Social Spending Hits Highest Level in Nearly Two Decades

[Bloomberg] PBOC Finds Consumer Mood Is Turning Darker Even as Economy Grows

[Bloomberg] Taiwan Investors Turn to Europe as US Assets Lose their Allure

[Bloomberg] Villain of 2008 Crisis Gets New Life in Europe’s Push for Growth

[NYT] Powell Under Siege as Fed Plans to Stand Pat on Rate Cuts

[WSJ] A Divided Fed Eyes Future Rate Cuts but Won’t Move This Week

[WSJ] The Fed Chair Doesn’t Set Rates by Himself. Here Are the Other Voting Members.

[WSJ] Trump’s New Trade Order Is Fragile

[WSJ] Trump’s Tariffs: Where He Started, What He Threatened, Where He Ended Up

[WSJ] Who Pays? AI Boom Sparks Fight Over Soaring Power Costs

[WSJ] AI Is Wrecking an Already Fragile Job Market for College Graduates

[FT] Donald Trump’s tariff blitz brings US levies to highest levels since 1930s

[FT] China struggles to break its addiction to manufacturing