Friday's News Links

[CNBC] Dow set to extend record as rotation out of tech continues: Live updates

[CNBC] 10-year Treasury yield moves higher as investors digest latest Fed moves

[Yahoo/Bloomberg] Silver Heads for Weekly Gain of About 10% in Speculative Surge

[CNBC] Fed’s Goolsbee explains vote against rate cut, says central bank should have waited

[Reuters] Obamacare health subsidy to end as US Senate rejects dueling remedies

[AP] This holiday season isn’t very merry for consumers, an AP-NORC poll finds

[Politico] Indiana GOP rejects Trump’s map in major blow to his gerrymandering push

[AP] Senate rejects extension of health care subsidies as costs are set to rise for millions of Americans

[CNBC] Oracle’s lease commitments jump by almost 150% as company builds out to meet AI demand

[Yahoo/Bloomberg] AI Is Powering Trump’s Economy, But American Voters Are Getting Worried

[Axios] Pacific Northwest faces "catastrophic" flood threats

[Axios] Trump embraces great power cooperation with China and Russia

[Yahoo/Bloomberg] China Vanke Seeks a One-Year Extension on a Second Local Bond

[Bloomberg] AI Data Center Boom Sparks Fears of Glut Amid Lending Frenzy

[Bloomberg] Takaichi Remark That Riled China Was Unscripted, Documents Show

[Bloomberg] China’s Credit Expansion Stays Muted as Demand Languishes

[Bloomberg] China’s Last ‘Too-Big-to-Fail’ Housing Giant Loses State Support

[Bloomberg] China Prepares as Much as $70 Billion in Chip Sector Incentives

[Bloomberg] Bank Failure Uncovers Weaknesses at Another Brazilian Lender

[Bloomberg] How Prediction Markets Turned the World Into a Casino

[NYT] From Chips to Security, China Is Getting Much of What It Wants From the U.S.

[NYT] Historic Shift Underway in China’s Economy as Investment Slump Deepens

[WSJ] Fed Officials Spar Over Whether Rate Cuts Risk Credibility on Inflation

[WSJ] Renaissance Explores Tweak to Trading Models After Meme-Stock Volatility

[WSJ] Trump Says Ukraine Is Losing the War. Officers on the Front Line Disagree.

[FT] Top Fed officials warn central bank must not be complacent on inflation

[FT] Inside the ‘rolling thunder’ quant crises of 2025

[FT] ‘The darkest depths of winter still lie ahead for America’s capital markets’

[FT] Tett: Is silver the new gold?

[FT] Trump orders increased scrutiny of proxy advisers ISS and Glass Lewis

[FT] Why Maga hates Europe: Trump takes the culture wars across the Atlantic