Thursday's News Links

[CNBC] Stocks edge lower as investors digest earnings, trade news: Live updates 

[Yahoo/Bloomberg] Oil Jumps as Trump Steps Up Pressure on Russia With Sanctions

[AP] US hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic

[AP] EU joins US in heaping more sanctions on Russia to push Putin into Ukraine peace talks

[Axios] Trump: "We had to take down the existing" White House East Wing structure

[Yahoo/Reuters] Trump administration in talks to take stakes in quantum-computing firms, WSJ reports

[Axios] Behind the Curtain: America's energy jam

[CNBC] Most potential homebuyers expect mortgage rates to drop. That’s why they’re waiting

[AP] What Americans think about the environmental impact of AI, according to a new poll

[Yahoo/WSJ] China Gears Up for More Tech Confrontation With U.S.

[Yahoo/Reuters] China's new five-year plan sharpens industry, tech focus as US tensions mount

[Politico] 11 things to watch at the EU leaders’ summit

[Bloomberg] Hedge Fund Assets Hit $5 Trillion With Most Inflows Since Before Financial Crisis

[Bloomberg] Why So Many People Signed Up for Social Security This Year

[Bloomberg] Russian Oil Supply to India Set to Fall to Near Zero: Sources

[Bloomberg] Wall Street Bonuses Poised for Record as Bank Profits Surge

[Bloomberg] What Japan’s ‘Iron Lady’ Means for Investors

[Bloomberg] What Scott Bessent Doesn't Get About Argentina

[Bloomberg] A $41 Billion Debt Binge Turns Mexico Into No. 1 EM Borrower

[Bloomberg] SPACs Are Back, and MAGA Is Fueling Their Growth

[Bloomberg] Coffee Prices Top Record as Trade and Supply Concerns Mount

[Bloomberg] China Military Purge Targets Group Who Undermined Xi’s Authority

[NYT] Pentagon Announces ‘Next Generation’ Press Corps

[NYT] China’s Consumers Are in a Years-Long Funk. Will Anything Get Them to Spend?

[WSJ] The Five Funding Cliffs Approaching as Shutdown Pain Builds

[WSJ] Popular Leveraged Funds Shock Investors With Huge Losses

[WSJ] Trump Administration in Talks to Take Equity Stakes in Quantum-Computing Firms

[WSJ] Trump’s Oil Sanctions Strike at Russia’s Economic Lifeline

[WSJ] Islamic State Rises Again in Syria, Filling a Void Left by U.S.

[FT] Blackstone says era of bumper private-credit returns has ended

[FT] China’s leadership vows to step up push for ‘self-reliance’ in tech

[FT] Milei’s make-or-break moment