Wednesday's News Links

[CNBC] Stocks rise on news of upcoming U.S.-China trade talks: Live updates

[Yahoo/Bloomberg] Oil Extends Gain With US and Chinese Officials Set to Talk Trade

[Yahoo/Bloomberg] Pakistan Stocks Drop, Indian Assets Steady After Military Strike

[Yahoo/Reuters] China Keeps Adding Gold to Reserves as Challenges Stack Up

[AP] Federal Reserve faces tough balancing act between fighting inflation and spurring economic growth

[Reuters] Fed likely to leave rates unchanged as it hunts for clarity on the economy

[AP] Top US officials will meet with Chinese delegation in

[Yahoo/Bloomberg] Republicans to Pay for Trump Tax Cuts With Sales of Public Land

[AP] India fires missiles on Pakistan. Islamabad calls it an ‘act of war’ and says it downed Indian jets

[AP] China launches a blitz of policies to help its economy, plans talks with the US on trade

[Axios] World leaders call for calm after India strikes Pakistan

[Reuters] China injects 'tactical' monetary stimulus ahead of US trade meeting

[Yahoo/Reuters] China central bank eases policy ahead of US trade meeting

[Yahoo/Reuters] China's capital markets under pressure from U.S. tariffs, regulator says

[Reuters] Japan's service sector activity rebounds in April, PMI shows

[AP] Friedrich Merz stresses European unity and defense during first trip as German chancellor to Paris

[Bloomberg] There’s a $1 Trillion Time Bomb Ticking in Muni Finances

[Bloomberg] States, Cities Face Funding Collapse Threat With Trump Cuts

[Axios] Where starter homes cost at least $1 million

[Bloomberg] Taiwan Investors Retreat From US Bond ETFs After Buying Streak

[Bloomberg] Taiwan Currency Shock Splits Insurers on How to Hedge US Bonds

[Bloomberg] Xi Fortifies China’s Economy Before First Talks on Trade With US

[Bloomberg] What’s Behind the Enduring India-Pakistan Conflict?

[NYT] China Agreed to U.S. Tariff Talks but Is Likely to Play Hardball

[WSJ] Wall Street Is Watching This Shipping Data to Gauge Tariff Impact

[FT] Pakistan vows to retaliate after India launches military strikes

[FT] Why India and Pakistan are locked in a new military conflict

[FT] The coming Asian FX ‘avalanche’

[FT] China cuts key interest rates to buoy economy

[FT] India launches military strikes on Pakistan

Tuesday Evening Links

[CNBC] Stock futures rise on news of upcoming U.S.-China trade talks: Live updates

[Yahoo/Bloomberg] Stocks Fall as Tariff Angst Spurs Gains in Bonds: Markets Wrap

[AP] Top Trump officials to meet with Chinese counterparts amid trade war

[CNBC] Trump officials Bessent and Greer to meet with Chinese counterparts on trade, economic issues

[BBC Live Updates] India launches air strikes on Pakistan and Pakistan-administered Kashmir

[AP] Trump, Carney faceoff in Oval Office leaves gaping differences on tariffs, 51st state

[Yahoo/Bloomberg] Trump Downplays Trade Negotiations, Says He’ll Dictate Terms

[CNBC] Trump administration to garnish wages of 5.3 million defaulted student loan borrowers this summer

[Yahoo/Reuters] Stressed US companies restructured more debt in April

[Yahoo/Bloomberg] SALT Republicans Have to Accept ‘Unhappy’ Deal, GOP Chair Warns

[WSJ] U.S. and Chinese Officials to Meet Amid Trade War

[FT] US and China to launch formal trade talks

[FT] India launches military strikes on Pakistan

Tuesday Afternoon Links

[Yahoo/Bloomberg] Stocks Pare Declines Amid US Trade-Deal Hopes: Markets Wrap 

[Yahoo/Bloomberg] Gold Gains as Investors Digest Bessent Comments, Await Fed

[CNBC] Paul Tudor Jones says stock market will hit new lows even if Trump cuts China tariffs to 50%

[BBC] Germany's Merz becomes chancellor after surviving historic vote failure

[Bloomberg] Trump Downplays Trade Negotiations, Says He’ll Dictate Terms

[Bloomberg] China Halts Imports of US Oil in Negative Sign for Shale Drillers

[WSJ] U.S. Trade Deficit Hits Record as Companies Front-Load Pharmaceuticals

[WSJ] As U.S. Turns Its Back on Free Trade, Other Countries Double Down

[FT] Mark Carney tells Donald Trump Canada is ‘not for sale’

[FT] Taiwanese troubles; Formosa bonds and US interest rate volatility

[FT] Friedrich Merz wins second vote to become Germany’s chancellor

[FT] The old global economic order is dead