Thursday's News Links

[CNBC] Stocks are little changed after Nasdaq notches new record: Live updates

[Yahoo/Reuters] Oil Steady as Traders Weigh Trump’s Tariffs and Red Sea Attacks

[Yahoo/Bloomberg] Japan 20-Year Bond Sale Leaves Traders in Limbo Before Election

[AP] US applications for jobless benefits fall to 227,000 last week, remain at historically healthy level

[Axios] GOP senators start turning against Powell

[CNBC] Brazil will respond to Trump’s 50% tariff with ‘reciprocity,’ says da Silva

[Yahoo/Bloomberg] Trump’s 50% Levy on Brazil Shows World Nothing Is Off Limits

[Yahoo/Bloomberg] Trump’s BRICS Warning to India Adds New Twist to Trade Deal

[Yahoo/Bloomberg] Xi Signals China May Finally Move to End Deflationary Price Wars

[Reuters] South Korea holds rates, warns of 'significant' uncertainty from US tariffs

[AP] Russia hits Kyiv with more missiles and drones, causing fires and injuring at least 10

[The Hill] Majorities in Canada view US as top threat, top ally: Survey

[BBC] 'I can't drink the water' - life next to a US data centre

[Yahoo/Bloomberg] Trump’s Tariffs Gift Lula Surprise Tailwind for 2026 Vote

[Bloomberg] Goldman Warns Dollar Can Quickly Trade Like Risky Currency Again

[WSJ] Trump Threatens 50% Brazil Tariff, Citing Bolsonaro Trial

[WSJ] Brazil Won’t Take Orders From Trump, President Says

[WSJ] Why America Still Can’t Get Disaster Alerts Right

[FT] Can the Fed stay independent under Trump?

[FT] US utilities plot big rise in electricity rates as data centre demand booms

[FT] Carmakers and shipowners say Donald Trump’s port fees will hurt US consumers

[FT] ICE dragnet strikes terror in US immigrant communities

Wednesday Evening Links

[CNBC] Stock futures are little changed after S&P 500 posts first winning session in three: Live updates 

[Axios] Trump goes after Brazil with sweeping tariff threats over Bolsonaro, tech

[AP] Trump tariffs goods from Brazil at 50%, citing ‘witch hunt’ trial against country’s former president

[Yahoo/Bloomberg] Meta Poached Apple’s Pang With Pay Package Over $200 Million

[Yahoo/Bloomberg] Amazon Prime Day Sales Off 41% First Day, Brand Adviser Says

[Bloomberg] Brazil Asks US Embassy to Explain Pro-Bolsonaro Statement

[NYT] Fed Minutes Underscore Divisions Over Pace of Interest Rate Cuts

[WSJ] The Economic Drain of Mass Deportation

[WSJ] The Real Budget Fight Begins

[FT] Donald Trump threatens to impose 50% tariff on Brazil

Wednesday Afternoon Links

[CNBC] S&P 500 rebounds after 2 days of losses, Nvidia leads gain as it reaches $4 trillion market value: Live updates

[Yahoo/Reuters] Trump says U.S. interest rate is at least 3 points too high

[Axios] Minutes show Fed officials divided over tariff-driven inflation

[Yahoo/Reuters] Fed minutes show little support for rate cut later this month

[Yahoo Finance] Trump makes new tariff threats from the Philippines to Moldova as his trade letter tally reaches 21

[Bloomberg] Fed Minutes Show Committee Split Around Inflation Worries

[Bloomberg] US Political Tension Climbs to Six-Year High in Philly Fed Index

[WSJ] A Hazy Inflation Outlook Divides the Fed

[WSJ] Warehouse Vacancies Climb to Highest Level in More Than a Decade

[WSJ] Five Things to Know About Record Copper Prices

[WSJ] Tight Diesel Supplies Threaten To Raise Transport, Heating Costs

[FT] Fed says most policymakers see risks tariffs will cause ‘persistent’ inflation

[FT] Top financial watchdog recommends limits on hedge fund leverage

Wednesday's News Links

[CNBC] Stocks rise as investors monitor Trump tariff developments: Live updates

[Yahoo/Bloomberg] Oil Extends Gain as UAE Signals Strong Demand for OPEC+ Barrels

[Yahoo/Reuters] White House adviser Hassett emerging as serious contender for next Fed chair, WSJ reports

[BBC] Trump delays tariffs as the rest of the world plays hardball

[Yahoo Finance] Trump’s search for Powell’s replacement at the Fed is getting louder

[Yahoo/Bloomberg] Powell’s Successor May Struggle to Deliver the Rate Cuts Trump Wants

[AP] Trump’s trade blitz produces few deals but lots of uncertainty

[Yahoo/Bloomberg] US mortgage applications to buy a home jump to two-year high

[Yahoo/Reuters] Analysis-America's largest power grid is struggling to meet demand from AI

[Axios] AI is changing the world faster than most realize

[Yahoo/Reuters] China's factory-gate deflation worst in 2 years as trade war bites

[Reuters] Greek ship attacked in Red Sea sinks: 4 dead, 7 rescued, 14 missing

[AP] Russia batters Ukraine with more than 700 drones, the largest barrage of the war, officials say

[Bloomberg] Copper Market in Turmoil as Trump Touts 50% Tariff on US Imports

[Bloomberg] Deep In a Fiscal Hole, Congress Just Keeps Digging

[NYT] Bessent Steps Up Criticism of Fed as Auditions for Chair Intensify

[NYT] Trump Didn’t Always Tout Tariffs. Now He Sees Them as a Way to Flex Power.

[WSJ] Two Kevins Battle to Be Next Fed Chair in Trump’s ‘Apprentice’-Style Contest

[WSJ] Trump Delayed Reciprocal Tariffs After Bessent Wanted More Time on Deals

[WSJ] Increased Hedging of U.S. Exposure by Foreign Investors May Weaken Dollar, BOE Says

[WSJ] Trump Calls Out the Putin Charade

[WSJ] China’s Downward Price Pressures Stayed Elevated in June

[WSJ] ECB Should Prepare for More Volatile Price Pressures, Bundesbank’s Nagel Says

[FT] Investors shrug off Donald Trump’s 200% tariff threat on pharma

[FT] Donald Trump’s ‘tariff wall’ takes shape around south-east Asia’s factories

[FT] Red Sea ship insurance prices jump as Houthis resume attacks

[FT] Western Europe keeps setting new heat records as fastest-warming continent