Monday, August 11, 2025

Tuesday's News Links

[CNBC] Stocks rally after lighter-than-expected inflation data: Live updates

[CNBC] Consumer prices rise 2.7% annually in July, less than expected amid tariff worries

[Axios] Trump names new Bureau of Labor Statistics chief amid economic data turmoil

[Yahoo/Bloomberg] Trump Names Heritage’s EJ Antoni to Lead Bureau of Labor Statistics

[Yahoo/Reuters] US small business optimism up but uncertainty clouds outlook

[Yahoo/Bloomberg] China Urges Firms to Avoid Nvidia H20 Chips After Trump Ends Ban

[Yahoo/Reuters] European Union awaits US follow-up on trade deal promises

[Yahoo/Reuters] Switzerland wants binding Trump commitment on gold tariffs, lobby group says

[Axios] Inside Trump's power play for more control in D.C.

[AP] Australia’s central bank cuts interest rate for third time this year to 3.6%

[Bloomberg] Bessent on Tariffs, Deficits and Embracing Trump’s Economic Plan

[Bloomberg] Private Credit’s PIK Usage Nears Four-Year High, Lincoln Says

[Bloomberg] Bond Traders’ High Hopes for September Rate Cut Hinge on CPI

[Bloomberg] How Climate Change Is Fueling Stronger, Wetter and More Destructive Hurricanes

[NYT] Trump, Seeking Friendlier Economic Data, Names New Statistics Chief

[NYT] Gaming Out the Price of a Trump Trade Deal With China

[WSJ] Russia Has High Hopes for Trump-Putin Summit. Peace Isn’t One of Them.

[WSJ] With Billions at Risk, Nvidia CEO Buys His Way Out of the Trade Battle

[WSJ] U.S. Small Businesses Brush Off Tariff Fears

[WSJ] The Era of Big Raises for Low-Paid Workers Is Over

[WSJ] How Trump Is Expanding the Role of the American Military on U.S. Soil

[FT] Donald Trump picks Heritage economist to head US Bureau of Labor Statistics

[FT] What would a Miran Fed look like?

[FT] Beijing demands Chinese tech giants justify purchases of Nvidia’s H20 chips

[FT] What if Trump picks an inflation nutter for Fed chair?

[FT] The unprecedented feud between the US and Brazil

[FT] ‘Manipulative’ Putin vs ‘emotional’ Trump: what past summits reveal about Alaska meeting

[FT] The lines between monetary and fiscal policy have blurred

[FT] Japanese banks brace for another era of turbulence

[FT] Peso soars as ‘carry trade’ reignites after tariff delays