Thursday Afternoon Links

[CNBC] Dow falls for the first day in three after hot inflation data: Live updates 

[AP] US applications for jobless benefits fell last week and remain in historically healthy range

[Yahoo Finance] Why hotter-than-expected wholesale prices make the Fed’s September rate cut decision harder

[Yahoo/Bloomberg] Bessent Says He’s Not Pushing Fed Cuts, Just Touting Models

[AP] Average rate on a 30-year mortgage drops to lowest level since October

[Yahoo/Reuters] Trump's debanking order could create headaches for banks, sources say

[Bloomberg] Fed’s Musalem Says Too Early to Make a Call on September Rate

[Bloomberg] Junk-Rated Debt Boom Faces Investor Fatigue as Some Deals Stall

[Bloomberg] S&P 500 Margins at Risk as Producer Costs Outrun Consumer Prices

[Bloomberg] Trump, Witkoff Sons Test Limits of Crypto Hoarding With New Deal

[FT] US wholesale prices jump 3.3% as Trump trade war hits economy

[FT] AI is having some relationship issues