Thursday, August 7, 2025

Friday's News Links

[CNBC] Stocks rise after Dow posts a loss in Thursday’s trading: Live updates 

[Reuters] Oil set for steepest weekly losses since June as tariffs cloud demand outlook

[Reuters] Wall St Week Ahead Inflation data to test stocks as some investors brace for rally to pause

[Reuters] J.P.Morgan brings forward Fed rate cut forecast to September

[Axios] The U.S. economy depends on the rich. That could hurt the labor market

[Yahoo/Bloomberg] Modi Speaks With Lula, Plans Xi Meeting as Ties With US Sour

[Yahoo/Bloomberg] China Defends Buying Russian Oil After Trump’s Tariff Threat

[Yahoo/Reuters] US equity funds see sharp outflows on tariff caution, economic concerns

[Politico] Trump announces federal law enforcement will patrol DC

[Yahoo/Reuters] BOJ debated chances of resuming rate hikes, July summary shows

[CNBC] Why insurers worry the world could soon become uninsurable

[Bloomberg] Trump’s Surprise Fed Pick Buys Him Time on Chair Selection

[Bloomberg] JPMorgan Says Treasury Curve Can Steepen on Miran Fed Pick

[Bloomberg] US Adds Surprise Gold Bar Tariff in Blow to Switzerland, FT Says

[Bloomberg] Meta Picks Pimco, Blue Owl for $29 Billion Data Center Deal

[Bloomberg] The AI Building Boom Is Bound to Bust

[Bloomberg] Canada Unexpectedly Sheds 40,800 Jobs, Most Since Pandemic

[Bloomberg] Japan’s Rice Crop at Risk as Farms Face Record-Breaking Heat

[NYT] What a Trump Loyalist at the Fed May Mean for Markets

[NYT] Trump Taps Top Economic Adviser to Join the Fed’s Board of Governors

[WSJ] Gold Futures Hit Record High After Tariff Report

[WSJ] Trump Reminds CEOs Who the Ultimate Boss Is

[FT] Japan says US to amend ‘regrettable’ tariff deal inconsistency

[FT] Why struggling companies are loading up on bitcoin