Tuesday, February 25, 2025

Wednesday's News Links

[Yahoo/Bloomberg] Global Stocks Gain Ahead of Crucial Nvidia Result: Markets Wrap

[Reuters] US House Republicans advance Trump's tax cut plan

[CNN] Johnson and Trump pull off surprising win to advance GOP agenda after vote whiplash in the House

[Yahoo/Bloomberg] Trump Opens Door to New Metal Levy with Copper Tariff Probe

[CNBC] Mortgage rates drop to lowest since mid-December, but demand still falls short

[Yahoo/Bloomberg] Nvidia’s Shaken Aura of Invincibility Is Set for Earnings Test

[Reuters] US, Ukraine agree to terms of critical minerals deal

[AP] The US is missing again as G20 finance chiefs meet in South Africa

[Axios] Behind the Curtain: Trump's media-control strategy

[Yahoo/Bloomberg] DeepSeek Reopens AI Model Access as China Rivalry Heats Up

[Reuters] DeepSeek rushes to launch new AI model as China goes all in

[Yahoo/Bloomberg] Xi Urges Officials to Stay Calm as US Raises Pressure on China

[Yahoo/Bloomberg] China Needs $3 Trillion Local Debt Solution, Top Economist Says

[Reuters] China says Taiwan 'manipulating' undersea cable cutting incident before facts clear

[Reuters] Chile power outage plunges capital into darkness, hits major copper mines

[Reuters] Iran's stock of near-bomb-grade uranium grows sharply, IAEA report shows

[Bloomberg] Global Debt Rose Around $7 Trillion to Record in 2024, Says IIF

[Bloomberg] Trump Tariff Turmoil Dominates G-20 Finance Minister Meeting

[Bloomberg] Trump Tariff Threat Tests EU Resolve to Hurt Apple and Meta

[Bloomberg] The Mastermind of Tariffs Already Gave Us a Preview

[Bloomberg] Spring Break Travel Costs Reach Record Levels in 2025

[Bloomberg] China to Inject at Least $55 Billion of Fresh Capital Into Several Big Banks

[NYT] Trump’s New Crackdown on China Is Just Beginning

[NYT] Trump Aims at Chinese Shipping, Risking Another Shock for Businesses

[WSJ] How Much Has the U.S. Spent on Ukraine in the War?

[WSJ] Taiwan Detains Ship and Chinese Crew After Undersea Cable Severed

[WSJ] The AI Data-Center Boom Is a Job-Creation Bust

[WSJ] Munich Re Estimates $1.26 Billion Hit in Claims From California Wildfires

[FT] Donald Trump’s tariffs spook consumers weary of inflation

[FT] Taiwan condemns China over unannounced live-fire naval drills

Tuesday Evening Links

[Yahoo/Bloomberg] Stocks Slide, Bonds Rally on US Economic Worries: Markets Wrap

[AP] Live updates: Speaker Johnson struggles to wrangle support for Trump’s ‘big, beautiful bill’

[Yahoo/Bloomberg] Trump directs government to consider possible tariffs on copper

[AP] The White House says it ‘will determine’ which news outlets cover Trump, rotating traditional ones

[Yahoo/Bloomberg] Tech Giants Have Pledged Over $1 Trillion in US Investment, So Far

[Yahoo/LAT] State Farm says it will pay $7.6 billion for L.A. fires but reinsurance will slash losses

[NYT] Americans Are Expecting Higher Prices. That Could Unnerve the Fed.

[NYT] White House Moves to Pick the Pool Reporters Who Cover Trump

[FT] White House official pushes to axe Canada from Five Eyes intelligence group

Tuesday Afternoon Links

[Yahoo/Bloomberg] Treasury Yields Slide as Confidence Gauge Stokes Economy Fears

[Yahoo/Bloomberg] Oil Slumps to Lowest This Year as Economic Pessimism Piles Up 

[Yahoo/Bloomberg] Yen Hits Four-Month High on Haven Demand, Bets on Rate Hike

[AP] Trump says Canada and Mexico tariffs are ‘going forward’ with more import taxes to come

[AP] Inflation, looming trade war take a toll as confidence of the U.S. consumer tumble

[Yahoo/Reuters] Global debt marches to record high, raising risk of bond vigilantes, IIF says

[Yahoo/Bloomberg] US Consumer Confidence Drops by Most Since 2021 on Outlook

[AP] Small business owners feel more uncertain about the future

[Reuters] US house prices increase strongly in December

[Yahoo/Bloomberg] US Secretary Bessent to Talk Tariffs with Australia’s Treasurer Chalmers

[Yahoo/Reuters] Head of Fed-watchdog task force in Congress plans broad U.S. central bank review

[Politico] Can Europe replace the US in Ukraine?

[Reuters] When will mass US government firings show up in data?

[Reuters] Fed seen resuming rate cuts in June as consumer confidence takes a dive

[NBC] As consumer delinquencies rise, U.S. economic growth increasingly powered by the wealthy

[Yahoo/Bloomberg] US State Credit Quality Declines on ‘Destabilizing’ Trump Orders

[Reuters] China's January total gold imports via Hong Kong hits near three-year low