Thursday's News Links

[CNBC] Stock futures rise after major averages tumble in tech sector sell-off: Live updates

[CNBC] Treasury yields rise as Fed chief warns of effect of U.S. tariffs

[Yahoo/Bloomberg] Gold Pauses Record-Breaking Rally as Market Ponders Trade Talks

[CNBC] Trump again calls for Fed to cut rates, says Powell’s ‘termination cannot come fast enough’

[Yahoo/Bloomberg] Trump Says Fed Chair Powell’s Termination Can’t Come Fast Enough

[AP] US jobless benefit claims fall last week as labor market remains strong despite recession fears

[Reuters] US single-family housing starts tumble to an eight-month low in March

[AP] European Central Bank cuts interest rates for the seventh time as global trade tensions escalate

[CNBC] China targets U.S. services and other areas after decrying ‘meaningless’ tariff hikes on goods

[Yahoo/Reuters] China says it will ignore US 'tariff numbers game'

[Reuters] Iranian minister in Moscow aims to shore up support ahead of U.S. talks

[Politico] US Mideast allies face ‘worst-case scenario’ with Trump aid cuts and tariff whiplash

[Bloomberg] Economic Uncertainty Has Never Felt This Uncertain

[Bloomberg] Xi Urges ‘Asian Family’ Unity as Trump Seeks to Confine China

[Bloomberg] China Stocks Face Risk of $800 Billion US Outflows, Goldman Says

[NYT] Can China Fight Deflation and Trump’s Tariffs at the Same Time?

[WSJ] Trump Lashes Out at Powell, Says ‘Termination Cannot Come Fast Enough’

[WSJ] Today’s Hot Banking Business Is Lending to Lenders

[WSJ] Anxious Trading Partners Promise to Buy American to Stave Off Trump’s Tariffs

[WSJ] U.S. Tries to Crush China’s AI Ambitions With Chips Crackdown

[WSJ] U.S. Tariff Policy Poses Major Risk to Japan’s Economy, BOJ Member Says

[FT] Donald Trump says Fed chair Jay Powell’s ‘termination cannot come fast enough’

[FT] Is the world losing faith in the almighty US dollar?

[FT] Donald Trump’s tariff threats boost demand for currency hedging

[FT] The Chinese Dream is to Xi what Maga is to Trump

Wednesday Evening Links

[AP] US stocks drop as Nvidia slides and the fog of Trump’s trade war thickens

[Reuters] US-China trade fight slams stocks, sends gold to record high

[Yahoo/Reuters] Trump's trade war ripples through the business world, hits stocks again

[AP] Powell says Federal Reserve can wait on any interest rate moves

[Yahoo/Reuters] Fed's Powell says markets orderly, downplays intervention risk

[Yahoo/Reuters] Fed Chair Powell: Cutting discretionary federal spending will not fix US debt problem

[Yahoo/Telegraph] Fed chairman defies Trump to warn tariffs will stoke inflation

[Yahoo Finance] Commentary: Why Treasury Secretary Bessent isn't reassuring anyone

[CNBC] Trade war fallout: Cancellations of Chinese freight ships begin as bookings plummet

[Axios] How Trump wants to assert control at Harvard and elite colleges

[AP] Maryland Sen. Van Hollen meets with El Salvador’s vice president in push for prisoner’s release

[Reuters] Trump officials could face criminal contempt over deportations, judge says

[Bloomberg] Powell to Volatile Stock Market: You’re on Your Own, for Now

[Bloomberg] US Leveraged Loan Issuance Drought Is About to Set a Record

[Bloomberg] Here Are the Key Takeaways From Powell’s Remarks in Chicago

[Bloomberg] Powell Shows Why Fed Independence Matters in a Turbulent America

[Bloomberg] Stavridis: Five Signs That the US and China Will Go to War

[Bloomberg] China Pivots From US to Canada for More Oil as Trade War Worsens

[NYT] Fed Chair Lays Out Game Plan in Case of High Inflation and Slower Growth

[NYT] How China Took Over the World’s Rare Earths Industry

[WSJ] Powell Warns of ‘Challenging Scenario’ for Fed as Trade War Rages

[WSJ] Former Trump Official Targeted With Government Probe Vows to Fight

[FT] Trump tariffs put Fed’s jobs and inflation goals at risk, Powell says

Wednesday Afternoon Links

[CNBC] Stocks hit session lows as tech rout worsens, Dow loses 500 points: Live updates

[Yahoo/Bloomberg] Oil Futures Advance as China Signals It’s Open to US Trade Talks

[CNBC] Powell indicates tariffs could pose a challenge for the Fed between controlling inflation and boosting growth

[Reuters] Ball in China's court for trade talks, White House says

[Yahoo/Bloomberg] US Homebuilder Sentiment Ticks Up But Tariffs Weigh on Outlook

[Yahoo/Reuters] US manufacturing output slows in March; tariffs cloud hangs over factories

[Yahoo/Reuters] Fitch sees weakest world growth outside pandemic since 2009

[Axios] Judge warns "probable cause exists" to hold Trump in contempt over deportation flights

[Bloomberg] Trump’s Hit on Elite Colleges Roils Niche Corporate Bond Haven

[Bloomberg] Summers Slams Trump ‘Tyranny’ in Escalating Attacks on Harvard

[Bloomberg] Fed’s Hammack Sees Strong Case for Steady Rates

[Bloomberg] Whale Rock Lost 20% in First Quarter Amid Trade War Volatility

[WSJ] Xi Fights Trump’s Tariffs With Global Charm Offensive

[FT] Nvidia blindsided by Trump’s curbs in multibillion-dollar blow to China sales

[FT] Truth, lies and the betrayal of Ukraine