Friday's News Links

[CNBC] S&P 500 rises to new record, overcoming tariff and geopolitical fears

[Yahoo/Bloomberg] Asian Markets in Full Swing as Investors Shake Off Trade Jitters

[Yahoo/Reuters] Oil Steadies at End of Turbulent Week as Focus Shifts to Tariffs

[Yahoo/Reuters] US consumer spending falls unexpectedly in May

[AP] Key inflation gauge rose last month while Americans cut back on spending

[Yahoo/Bloomberg] Bessent Says Trump’s Trade Push Could Wrap by US Labor Day

[Axios] It's judgment time for John Thune on the "big, beautiful bill"

[Axios] House GOP fumes at changes to Trump bill: "Insulting and disgusting"

[Axios] Big America hedge affects dollar's global standing

[Politico] EU leaders try to out-bully Trump, floating world trade club without US

[Yahoo/Reuters] Fed's Kashkari says more clarity needed on tariffs' impact on inflation

[AP] Unemployment among young college graduates outpaces overall US joblessness rate

[Yahoo/Bloomberg] BofA’s Hartnett Sees Risk of Stock Bubble on Fed Pivot, Tax Cuts

[CNBC] China’s industrial profits plunge 9.1%, steepest fall in seven months

[AP] World Bank warns that 39 fragile states are falling further behind as conflicts grow, get deadlier

[Bloomberg] Taiwanese Investors Flee US Bond ETFs as Currency Risks Mount

[Bloomberg] Life Insurers Boost Private Debt Investments In Grab for Yield

[NYT] The A.I. Frenzy Is Escalating. Again.

[NYT] Republicans Prepare to Open ‘Pandora’s Box’ of Budget Gimmicks

[WSJ] China Confirms Breakthrough on Rare-Earth Exports to U.S.

[WSJ] Taiwan Dollar Strength Spells Trouble for Tech Exporters, Insurers

[FT] Tett: Gold glitters as mistrust spreads

Thursday Evening Links

[CNBC] S&P 500 closes modestly higher, a hair’s breadth away from hitting a new record

[Yahoo/Bloomberg] Copper Spreads Spike Again as Goldman Says Shortages to Worsen

[Yahoo/Bloomberg] Trump’s Threat of More Tariffs Makes US Trade Partners Wary of Signing Deals

[Yahoo/Bloomberg] Majority of Fed Officials Leaning Against July Interest-Rate Cut

[Yahoo/Reuters] Fed rate cut in July? Inside the US central bank, few takers

[Bloomberg] BlackRock Puts Private Equity and Credit Into 401(k) Funds

[WSJ] Bessent Says Proposed ‘Revenge Tax’ No Longer Needed

[WSJ] GOP Senators Dealt Setback on Medicaid Cuts in Trump Megabill

Thursday's News Links

[CNBC] Stocks rise as S&P 500 nears record high: Live updates

[CNBC] Dollar hits fresh lows as Trump attacks threaten Federal Reserve credibility

[Yahoo/Bloomberg] Platinum Jumps to Highest Since 2014 on Mounting Supply Concerns

[Yahoo/Reuters] US goods trade deficit widens in May as exports fall

[Yahoo/Reuters] US durable goods orders soar in May on aircraft

[AP] Fewer Americans sought unemployment benefits last week as layoffs remain low

[Yahoo/Bloomberg] US IPO Stocks Jump Over 50% in 2025 as Investor Appetite for Risk Grows

[Yahoo/Reuters] Fed's Barkin says tariffs will start pushing up inflation

[Yahoo/Bloomberg] Republicans ‘Far From’ Deal on SALT Limit, New Yorker Says

[AP] Senate struggle over Medicaid cuts threatens progress on Trump’s big bill

[Yahoo/Bloomberg] Trump Threatens to Double Spanish Tariffs Over NATO Spending

[Yahoo/Bloomberg] TSMC to Inject $10 Billion Capital to Unit to Counter FX Swings

[Yahoo/Reuters] China's collateral demands curbing emerging countries' ability to manage finances, study shows

[Yahoo/Reuters] Global financial crime watchdog calls for action on crypto risks

[Bloomberg] Trump Tax Bill Hits $250 Billion Health Care Roadblock in Senate

[Bloomberg] Citi Rides Hedge Fund Volatility to Trillion-Dollar Growth in FX

[Bloomberg]  Taiwan Insurers’ FX Losses Double in May on US Dollar Slump

[Bloomberg] Why Iran’s Unaccounted for Uranium Worries Nuclear Experts

[NYT] Investors on Edge About a Potential Shadow Fed Chair

[WSJ] Trump Considers Naming Next Fed Chair Early in Bid to Undermine Powell

[WSJ] China Is Still Choking Exports of Rare Earths Despite Pact With U.S.

[WSJ] Uproar Over Leaked Intelligence Underlines Murky View of Iran Strikes

[WSJ] BlackRock Deepens Push Into Private Investments for the Masses

[FT] Dollar hits 3-year low as Donald Trump mulls naming next Fed chair early

[FT] US strikes on Iran force China to reconsider Donald Trump’s isolationism

[FT] Hong Kong intervenes to defend currency peg

[FT] Early intelligence suggests Iran’s uranium largely intact, European officials say

[FT] Temperatures reach dangerous highs as ‘heat domes’ hit US and Europe