Thursday's News Links

[CNBC] Stocks slip after S&P 500 posts third consecutive winning day: Live updates

[Yahoo/Reuters] Dollar wavers on uncertainty over trade deals; S.Korean won in focus

[Reuters] Oil dives on US-Iran progress as stocks surge stalls

[AP] Asian shares are mostly lower after a mixed session on Wall Street

[AP] US retail sales barely rose last month after consumers splurged in March to front-run tariffs

[AP] US applications for jobless benefits hold firm as layoffs remain low despite tariff uncertainty

[AP] US wholesale prices dropped 0.5% last month despite President Trump’s tariffs

[AP] Divisions emerge among House Republicans over how much to cut taxes and Medicaid in Trump’s bill

[Reuters] Republicans push ahead on Trump tax, spending plans, despite intra-party dissent

[AP] Walmart says it will raise prices due to tariff costs after posting solid first quarter sales

[Axios] Trump to Apple: Don't expand iPhone production in India

[Yahoo/Reuters] Japan to seek 3rd round of trade talks next week, sources say

[Yahoo Finance] Housing market faces 'a lost year' due to tariffs, economist says

[Reuters] Putin's no-show in Turkey throws Ukraine talks into disarray

[Bloomberg] Authers: ‘Beautiful’ Is In the Eye of the Bond Vigilantes

[Bloomberg] China’s Investors Signal Trade Truce Is No Panacea for Markets

[Bloomberg] Dollar Weakness Fuels Unusual Surge in Currency Volatility

[Bloomberg] Asia Insurers Facing Billions in Losses as Trump Rocks Markets

[Bloomberg] Taiwan Calms Concerns Over US Treasuries Exposure at State Banks

[Bloomberg] ECB’s Guindos Warns Financial System Still Facing Trade Risk

[Bloomberg] Denial Won’t End Texas Heat Waves or Midwest Storms

[NYT] Bond Traders Enter the Budget Fight

[WSJ] Powell Steers New Strategy for a World Where Very Low Rates Are No Sure Thing

[WSJ] First-Time Home Buyers Are Struggling. That’s Bad News for Builders.

[WSJ] How Qatar Spent Billions to Gain Influence in the U.S.

[FT] US poised to dial back bank rules imposed in wake of 2008 crisis

[FT] ‘Reverse Yankee’ deals hit record as US companies flock to euro debt market

[FT] WTO chief warns US bilateral tariff deals could put trade principle at risk

Wednesday Evening Links

[CNBC] Stock futures are little changed after S&P 500 posts third consecutive winning day: Live updates 

[AP] California governor outlines $12 billion deficit and freeze on immigrant health program access

[Yahoo/Bloomberg] Japanese Carmakers Face $19 Billion Hit From Trump’s Tariffs

[Bloomberg] US May Need a Bond-Market Blowup to Cut Deficit, Market Veteran Says

[Bloomberg] New York Republicans Signal $80,000 SALT Cap Could Be on Table

[Bloomberg] Fed’s Daly Says US Economy Still Solid, Officials Can Be Patient

[Bloomberg] Millions of Americans at Risk of Summer Power Shortfall, Regulator Says

[FT] Vladimir Putin to skip Russia-Ukraine talks in Turkey

Wednesday Afternoon Links

[Reuters] S&P 500 directionless as investors focus on global trade moves 

[Yahoo/Bloomberg] Oil Declines After Biggest US Crude Stockpile Gain Since March

[Axios] The big trade-off in the "big, beautiful bill"

[The Hill] GOP civil war breaks out over Medicaid as right calls for deeper cuts

[Yahoo Finance] A persistent GOP fight over SALT deductions emerges as hurdle to Trump's 'big beautiful' tax bill

[The Hill] Winners and losers in Trump’s pause on China tariffs

[The Hill] GOP senators raise red flags over House’s ambitious Trump legislative package

[Yahoo/Bloomberg] US Spring Homebuying Season Has Its Weakest Start in Five Years

[Yahoo/Bloomberg] Fed’s Jefferson Sees Lower Growth, Says Inflation Could Rise

[Yahoo Finance] Trump tariffs will produce 'at least a temporary' rise in inflation: Fed's Jefferson

[Politico] Germany’s Merz vows to build Europe’s strongest army

[Bloomberg] US Is Not Negotiating for Weaker Dollar as Part of Tariff Talks

[Bloomberg] The Carried Interest Tax Break Won’t Die. How Private Equity’s Favorite Loophole Works

[WSJ] Rich vs. Poor: Who Gets What in the GOP Tax Bill

[FT] Wall Street’s sudden rebound catches investors ‘offside’