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Tuesday, August 26, 2025

Wednesday's News Links

[CNBC] Stocks are little changed ahead of Nvidia earnings: Live updates

[CNBC] Long-term yields continue to rise as Trump amps up fight for Fed control

[CNBC] Mortgage demand and interest rates remain stuck at low levels

[Yahoo/Bloomberg] Trump Slaps India With 50% Tariffs, Upending Ties With Modi

[AP] Trump foes like Fed Governor Lisa Cook find themselves targeted by top housing regulator

[Yahoo/Bloomberg] EU to Propose Removing US Tariffs This Week to Meet Trump Demand

[Reuters] Investors worry Trump's Intel deal kicks off era of US industrial policy

[AP] Trump’s Intel stake sparks cries of ‘socialism’ from his party, but he vows more deals are coming

[Yahoo/Bloomberg] Soaring Power Bills in Largest US Grid Pose Risk for Republicans

[Axios] Exclusive: Lower-income, Gen Z people are investing at record rates, data shows

[Yahoo/Reuters] China aims to triple AI chip output, reducing Nvidia's dependency, FT says

[Yahoo/Reuters] Australia's inflation tops forecasts as electricity prices surge

[Politico] Trump’s attack on Fed triggers alarm in Europe over economic stability

[Reuters] From Wall Street to academia, who is in Trump's line of fire?

[AP] Denmark summons US envoy after report of Americans carrying out influence operations in Greenland

[BBC] Parents of teenager who took his own life sue OpenAI

[Bloomberg] Dudley: I Wasn’t Very Worried About the Fed. Now I Am.

[Bloomberg] Trump's 50% Tariffs on India Take Effect, Among the Highest in the World

[Bloomberg] Senate Panel Prepares to Hold Hearing on Trump’s Fed Pick

[Bloomberg] France’s Political Crisis Dashes Hopes of Business-Led Recovery

[Bloomberg] A Niche Arbitrage Trade Is Gaining Traction Among Hedge Funds

[NYT] The A.I. Spending Frenzy Is Propping Up the Real Economy, Too

[WSJ] Get Ready for the End of Fed Independence

[WSJ] Trump’s Fed Aggression Poses New Legal Test of Presidential Power

[WSJ] Lisa Cook, the Fed Governor at the Center of a Firestorm

[WSJ] India Braces for the Pain of Trump’s Stiff Tariffs

[FT] Donald Trump’s Fed blitz risks raising US borrowing costs

[FT] US tariffs on India hit 50% as Donald Trump-Narendra Modi ties sour