Thursday's News Links

[Yahoo/Bloomberg] Stocks Get Some Relief as Data Bode Well for PCE: Markets Wrap

[Yahoo/Bloomberg] US Bonds Rise After Hot Inflation Fuels Worst Day Since December

[Yahoo/Bloomberg] Oil Falls Further as Trump Flags Russia Talks to End Ukraine War

[Yahoo/Reuters] Trump says reciprocal tariffs are coming on Thursday: 'Today is the big one'

[AP] Trump says he’ll sign sweeping reciprocal tariffs on US trading partners on Thursday

[AP] U.S. wholesale prices up a hotter-than-expected 0.4% in December

[AP] The number of Americans seeking jobless benefits falls as employers continue to hold on to workers

[Yahoo/Bloomberg] Record Stock ‘Fragility’ Sends Warning to Broader Market

[AP] Elon Musk calls for the US to ‘delete entire agencies’ from the federal government

[Yahoo/Reuters] DeepSeek gives China's chipmakers leg up in race for cheaper AI

[Yahoo/Bloomberg] Sidelined Europe Seeks Ukraine Role After Trump-Putin Call

[Reuters] Israel seen as likely to attack Iran by midyear, Washington Post reports

[Bloomberg] Trump Vows Reciprocal Tariffs Today Without Giving Details

[Bloomberg] Authers: Eggs-istential Inflation Scrambles Bond Markets

[Bloomberg] Baidu Takes Big Step to Catch Up by Making ‘Ernie’ AI Model Free

[Bloomberg] Private Credit Power Players Weigh In on the Next Big Risk

[Bloomberg] The Secretive Hedge Fund Rewriting the Rules of $4.5 Trillion Industry

[Bloomberg] Bird Flu Is a Big Threat. The US Needs to Start Acting Like It.

[Bloomberg] China’s Central Bank Alludes to Foreign Factors Impacting Policy

[NYT] ‘Deregulation by Firings’: Breaking Down the Cuts to Financial Oversight

[NYT] Taiwan Prepares for Trump’s Tariffs, and a Changed Washington

[WSJ] Why Dealers Are Flying Gold Bars by Plane From London to New York

[WSJ] Inflation Helped Trump Get Elected. Now It’s His Problem.

[WSJ] As Buyers Fail to Show Up, More Homes Are Being Pulled From Sale

[WSJ] Arab States Wake Up to Fact That Trump Means What He Says on Gaza

[WSJ] Trump Writes a New Playbook for Quagmires in Gaza and Ukraine

[FT] Europe left reeling by Trump over Ukraine peace talks with Russia

[FT] US insurers face billions in losses from Los Angeles wildfires

[FT] Trump opens the door to Putin’s grandest ambitions

Wednesday Evening Links

[Yahoo/Bloomberg] Bonds Crushed by CPI as Nasdaq 100 Erases 1% Loss: Markets Wrap

[Reuters] US posts $129 billion January deficit on calendar shifts, higher outlays

[AP] Powell says Trump’s comments won’t affect interest rate decisions by the Fed

[Yahoo/Bloomberg] Quebec Says Canada Should Consider Aluminum Tax to Create Leverage Against US

[Politico] Trump and Putin stun Europe with peace plan for Ukraine

[Bloomberg] US Budget Deficit Hits Record $840 Billion Over Past Four Months

[Bloomberg] DOGE Cuts Pose Risk to Largest Government Contractors

[Bloomberg] Data Center Power Demand Almost Doubled in Virginia, Utility Says

[Bloomberg] US Tariffs Will Weaken Dollar If Nations Strike Back, Bank of America Says

[Bloomberg] The Fed Is Both Ally and Scapegoat for Trump

[Bloomberg] Trump Got Himself a Dilemma in Talking to Putin

[WSJ] Trump Reciprocal-Tariff Vow Further Breaks From Global Trading Norms

[WSJ] Inflation Heated Up in January, Freezing the Fed

[WSJ] House GOP Plan Envisions $4.5 Trillion in Tax Cuts

[WSJ] Trumponomics and Rising Inflation

[WSJ] Israel Sees Opening for Strikes on Iranian Nuclear Sites, U.S. Intelligence Warned

[FT] Donald Trump says US and Russia to start talks on Ukraine war ‘immediately’

[FT] ‘No signs of slowing’: US egg prices soar as avian flu rips across farms

Wednesday Afternoon Links

[CNBC] Dow drops more than 150 points after hotter-than-expected CPI report: Live updates

[Yahoo/Bloomberg] Traders See Just One 2025 Fed Rate Cut After Hot Inflation Data

[Yahoo/Bloomberg] Oil Slips as Hotter US Inflation Boosts Dollar, Trade Wars Loom

[Yahoo/Bloomberg] Yen Drops to Weakest in a Week Amid Trump Tariff Plans

[AP] Trump says he and Russian leader Putin have agreed to begin ‘negotiations’ on ending Ukraine war

[Reuters] US Republicans struggle to find unity on taxes in Trump 'golden age'

[Yahoo/Bloomberg] Powell Says Latest Inflation Data Show Fed Has More Work to Do

[Yahoo/Bloomberg] Eggs Soar 15% in a Month With US Grocery Shelves Empty

[Yahoo Finance] Used car prices jump most since May 2023 and could push higher as inventory shrinks

[Reuters] Israel calls up reservists as fears for fragile Gaza ceasefire rise

[Reuters] Egypt's President Sisi to stay away from White House if Gaza displacement on agenda

[Bloomberg] Parking Fees, Drugs, Instant Coffee: Biggest Gains in US Prices

[Bloomberg] Why 10-Year Yields Are on the Treasury Secretary’s Mind

[Bloomberg] China’s Property Crisis Enters a Dangerous New Phase

[NYT] Republicans Love Trump’s Spending Cuts. Just Not in Their States.