Tuesday's News Links

[CNBC] Stocks fall on escalating Israel-Iran conflict, weak retail sales: Live updates

[Yahoo/Bloomberg] Oil Fluctuates as Traders Watch for Israel-Iran War Escalation

[Yahoo/Bloomberg] More Central Banks Than Ever Plan to Build Up Their Gold Hoards

[Yahoo/Bloomberg] Wall Street Turns Wary as Mideast Risk Caps Stocks Near Record

[Axios] Regime change emerges as unstated goal of Israel's war in Iran

[Axios] Trump team proposes Iran talks this week on nuclear deal, ceasefire

[Yahoo/Bloomberg] Trump Plays Down Iran-Israel Truce as He Leaves G-7 Early

[CNBC] G7 leaders urge de-escalation in Middle East, blame Iran for ‘instability and terror’

[CNBC] Retail sales fell 0.9% in May, worse than expected as consumers pulled back

[AP] ‘Purgatory:' Fed officials left in limbo as tariffs complicate this week’s rate decision

[Yahoo/Reuters] Fed policymakers gather amid rising geopolitical risks, unclear tariff impact

[Yahoo/Bloomberg] Trump’s Latest Attack on the Fed Zooms In on Surging Debt Costs

[Yahoo/Bloomberg] US Spending on Climate Damage Nears $1 Trillion Per Year

[Yahoo/Reuters] BOJ decides to slow bond taper, keeps rates steady

[Yahoo/Bloomberg] BOJ to Slow Bond Market Withdrawal After Standing Pat on Rates

[Yahoo/Reuters] China's new homes demand to remain well short of 2017 peak, says Goldman Sachs

[Yahoo/Bloomberg] China’s Oil Demand Will Peak Earlier Than Expected, IEA Says

[Bloomberg] China Warns Iran-Israel Conflict May Spiral, Calls for Peace

[Bloomberg] Russia Watches Israel-Iran Crisis With Few Tools to Intervene

[Bloomberg] What’s New in the Senate Version of Trump’s Tax and Spending Bill

[Bloomberg] Fannie and Freddie Can Never Be Truly Privatized

[Bloomberg] BlackRock Says Super-Rich Want Private Credit as PE Returns Lag

[Bloomberg] China Housing Demand to Stay at 75% Below Peak, Goldman Says

[Bloomberg] Turkey Accelerates Missile Production Amid Fears of Wider War

[NYT] China Is Unleashing a New Export Shock on the World

[WSJ] Why the Fed Isn’t Cutting Rates Despite Cool Inflation

[WSJ] Oil Tankers on Fire After Collision Off Coast of United Arab Emirates

[WSJ] Trump Officials Weighed Broader China Tech Restrictions Ahead of Trade Talks

[WSJ] Bank of Japan Stands Pat on Rates, Plans to Slow Bond-Buying Tapering After April 2026

[FT] The era of sudden shocks — revisited

[FT] Central banks plan to boost gold reserves and trim dollar holdings

Monday Evening Links

[CNBC] Stock futures fall as investors eye Israel-Iran conflict: Live updates

[Axios] Trump: "Everyone should immediately evacuate Tehran"

[Yahoo/Bloomberg] Trump Calls for Evacuation of Tehran as Israel Vows More Strikes

[Politico] Trump leaving G7 early after signaling deepening Iran-Israel conflict in social media post

[BBC Live Updates] Explosions heard in Tehran as Trump tells 'everyone' to evacuate Iranian capital immediately

[AP] Israel strikes state-run Iranian TV during live broadcast after Iranian missiles kill 8 in Israel

[AP] Senate Republicans seek tougher Medicaid cuts and lower SALT deduction in Trump’s big bill

[Yahoo/Bloomberg] Senate Republicans Release Revised Tax Cuts and Debt Limit Bill

[Axios] Senate unveils trickiest text of Trump's "big, beautiful bill"

[Politico] Trump hints at no more US sanctions on Russia at G7 summit

[NYT] Trump’s Iran Choice: Last-Chance Diplomacy or a Bunker-Busting Bomb

[WSJ] Iran Looks to Trump and Nuclear Talks as Escape Hatch as Attacks Intensify

[WSJ] Senate Trims SALT, Cuts More Medicaid in Proposed Changes to Trump Megabill

[WSJ] Trump Struggles to Press Deportations Without Damaging the Economy

[FT] Iran will only agree to talks to end Middle East crisis if Israel stops bombing 

[FT] Senate push to maintain ‘Salt’ cap imperils Trump’s tax bill

Monday Afternoon Links

[Yahoo/Bloomberg] Stocks Rise on Reports Iran Wants to Restart Talks: Markets Wrap

[Yahoo/Bloomberg] Oil Drops on Signs Conflict May Spare Iranian Crude Production

[Reuters] Israeli air war on Iran: Tehran calls on Trump to seek ceasefire

[Reuters] G7 leaders struggle for unity as Trump says removing Russia from group was a mistake

[AP] G7 leaders want to contain the Israel-Iran conflict, as Trump calls for talks between the countries

[Yahoo/Bloomberg] Israel’s Air Shield Is Tested Like Never Before as Iran Fires Ballistic Missiles

[Yahoo/Bloomberg] Many exporters no longer want dollars, US bank executive says

[Yahoo/Bloomberg] US IPO shares doubling on their first day at fastest pace since 2021

[FT] How the Israel-Iran war may develop

[FT] Iran’s regime fights for survival

[FT] Israel-Iran tensions test central banks’ appetite for rate cuts