Thursday's News Links

[Yahoo/Bloomberg] Stocks Fall After PPI With Tariffs as Wild Card: Markets Wrap

[Yahoo/Bloomberg] Oil Retreats as IEA Flags Trade War Risks to Global Demand

[Yahoo/Reuters] US producer prices unchanged in February

[AP] Fewer Americans file for jobless claims last week, signaling a still-healthy US labor market

[AP] Trump threatens retaliatory 200% tariff on European wine after EU proposes American whiskey tariff

[Yahoo Finance] The odds of a government shutdown rise as markets weigh another source of 'unwelcome' uncertainty

[Reuters] Kremlin says there's 'nothing' for Russia in a US ceasefire idea for Ukraine

[CNBC] Russia plays hard ball over a ceasefire deal as U.S. officials head to Moscow

[Reuters] G7 foreign ministers meet in Canada amid tensions with Trump

[Yahoo/Bloomberg] Stagflation Trade Emerges as Rare Winner in US Stock Market Rout

[CNBC] From China’s DeepSeek moment to risks of groupthink: What tech leaders are saying on AI right now

[Yahoo/Bloomberg] France’s Borrowing Costs Near 14-Year High Before Fitch Review

[Yahoo/Bloomberg] UK Corporate Distress at Highest Since Covid, Report Says

[Yahoo/Reuters] Taiwan Warns of Currency Risks From Stock Outflows, Trump Policy

[Yahoo/Bloomberg] South Korea Braces for Market Disruptions After Trump Tariffs

[Bloomberg] Gold May Rise as High as $3,500 in Third Quarter, Macquarie Says

[Bloomberg] Manhattan Apartment Rents Jump to Record as Bidding Wars Spread

[Bloomberg] Hedge Funds Slash Asia Bets by Most in Four Years, Goldman Says

[NYT] C.E.O.s Look Beyond a Rosy Inflation Report

[NYT] An ‘Untradable’ Market: Trump Sows Profound Uncertainty for Stocks

[WSJ] Consumer Angst Is Striking All Income Levels

[WSJ] Shoppers Are Skimping on Cigarettes, Doritos and Twinkies

[WSJ] Putin Aide Rejects Plan for Ukraine Cease-Fire

[FT] What happens if the US government shuts down?

[FT] US junk bonds slide as Donald Trump’s tariffs spark economic worries

[FT] Who needs revenue when you’re a multibillion-dollar AI start-up?

[FT] China steels itself for Donald Trump’s turmoil with ‘DeepSeek congress’

[FT] Russia says it does not want a temporary ceasefire in Ukraine

[FT] What if Ukraine decides to fight on without America?

[FT] Poland’s president urges US to move nuclear warheads to Polish territory

Wednesday Evening Links

[Yahoo/Bloomberg] Stocks Rise After CPI Surprise as Trade Risks Loom: Markets Wrap

[Reuters] US October-February budget deficit hits record $1.147 trillion

[CNBC] U.S. budget deficit surged in February, passing $1 trillion for year-to-date record

[Axios] Senate Democrats embrace hardball on government shutdown

[NBC] Senate Democrats say they will reject GOP's funding bill as shutdown draws near

[AP] Trump vows to take back ‘stolen’ wealth as tariffs on steel and aluminum imports go into effect

[Politico] Canada sounds alarm at G7: ‘Nobody is safe’ from Trump’s tactics

[AP] Canada and the EU swiftly retaliate against Trump’s steel and aluminum tariffs

[Yahoo/Bloomberg] Canada’s $21 Billion Counter-Tariffs Span Metals to Golf Balls

[AP] Canada’s incoming prime minister says he’ll meet Trump if Canadian sovereignty is respected

[AP] From soup cans to airplanes, steel and aluminum are a fundamental part of American life

[AP] ‘In DOGE we trust': House GOP governs by embracing Trump’s effort to cut government

[Yahoo/Bloomberg] Trump Mounts Sweeping Attack on Pollution and Climate Rules

[Politico] How Starmer saved Ukraine’s ceasefire as Trump and Zelenskyy raged

[BBC] Who is Mahmoud Khalil, Palestinian student activist facing US deportation?

[Bloomberg] US Budget Gap Hits Record $1.1 Trillion for Fiscal Year So Far

[Bloomberg] Over 1,600 Financial Firms Tapped Fed’s Emergency Lending Tool

[Bloomberg] Trump’s Go-To Broker Brings NYC-Style Dealmaking to a World on Edge

[WSJ] Mark Carney to Be Sworn in as Canada’s Prime Minister on Friday, Source Says

[WSJ] The Canadian Provincial Leader Going Toe-to-Toe With Trump

[FT] Elon Musk’s cuts fail to stop US federal spending hitting new record

Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks Rise on CPI Surprise as Tariff Risks Loom: Markets Wrap

[Yahoo/Bloomberg] Gold Rises as Traders Digest US Inflation, Trump’s Metal Tariff

[Yahoo/Bloomberg] US Bonds Rebuff Cooler Inflation as Tariff Uncertainty Looms

[Yahoo/Bloomberg] Oil Buoyed Above $70 by Bullish US Forecast, Strong Demand Data

[Yahoo/Bloomberg] Trump to Meet With Senate Finance Panel as Tax Talks Heat Up

[Yahoo/Bloomberg] Bank of Canada Cuts Rates, to Move ‘Carefully’ Amid Tariffs

[Yahoo/Bloomberg] Iran’s Khamenei Says Talks With Trump Will Lead to More Sanctions

[Bloomberg] Here’s a Running Tally of Trump’s Tariff Threats and Actions

[Bloomberg] The $5 Trillion Stock Wipeout Is Rattling America's Big Spenders

[NYT] Economic Outlook Is Clouded by ‘Unthinkable’ Policies

[WSJ] Inflation May Prevent the Fed From Fending Off a Recession

[WSJ] Is Trump Taking a ‘Liquidationist’ Approach to the Economy?

[WSJ] Ukraine Turns Tables With Cease-Fire Proposal but Putin Has Little Incentive to Sign

[FT] Hedge funds slash bets as Trump’s trade war causes ‘a lot of pain’

[FT] EU and Canada retaliate after Donald Trump’s metals tariffs take effect

[FT] Mar-a-Lago Accord, Schmar-a-Lago Accord