Thursday, July 24, 2025

Friday's News Links

[CNBC] Stocks are little changed after S&P 500, Nasdaq score another record close: Live updates

[Yahoo/Reuters] Dollar heads for biggest weekly drop in a month as focus shifts to Fed, BOJ meets

[AP] Trading a suit for boots and a hard hat: Behind the scenes at the Federal Reserve, mid-renovation

[AP] Fed chair tells Trump he has his facts wrong on central bank’s renovation costs

[Axios] Dollar weakness remains even amid trade deals

[Yahoo/Reuters] Japan says profits from US investments in trade deal to be shared according to contributions

[Yahoo/Bloomberg] PBOC Moves to Steady Bond Market as Downward Spiral Worries Grow

[Yahoo/Bloomberg] China Budget Gap Hits Record in Spending Blitz to Offset Tariffs

[Yahoo/Bloomberg] Thailand Warns of War With Cambodia as US, China Urge Calm

[AP] Tens of thousands flee their homes as Thailand and Cambodia clash

[Bloomberg] America’s Investors Need to Speak Up for the Fed

[Bloomberg] BofA’s Hartnett Renews Warnings on Bubble Risks for Stocks

[Bloomberg] Japan’s Soaring Stocks Trigger Memories of 2024 Market Crash

[NYT] The World Has Too Much Steel, but No One Wants to Stop Making It

[WSJ] The More Trump Pressures the Fed, the Less Likely He Gets Lower Rates

[WSJ] Trump’s Tariffs Are Being Picked Up by Corporate America

[WSJ] Trump Is Shifting to Dealmaking Mode on China

[WSJ] Banks Are Getting Pickier About Whom They Want as Credit-Card Customers

[WSJ] A Failed Microsoft Security Patch Is the Latest Win for Chinese Hackers

[FT] Tett: Investors beware the dangers lurking in private credit

Thursday Evening Links

[Yahoo Finance] Trump clashes with Powell over Fed renovations during unusual visit, says he'd 'love' lower interest rates

[AP] How Trump could use a building renovation to oust Fed Chair Powell

[AP] Trump’s AI plan calls for massive data centers. Here’s how it may affect energy in the US

[Bloomberg] More Than 40% of Americans See Decline in Real Pay, Indeed Says

[Bloomberg] Rise of Right-Wing Populism Threatens Japan’s Haven Status

[Bloomberg] Wall Street Volatility Gauge Hits New Low as Traders Capitulate

[Bloomberg] ‘Unprecedented’ Ocean Heat Waves in 2023 Suggest Climate Tipping Point

[WSJ] Why Does Renovating the Fed Cost $2.5 Billion? Asbestos, Height Limits, Lead

[WSJ] Trump Turns Fed Construction Visit Into Political Theater

[FT] Donald Trump and Jay Powell spar as US president visits Federal Reserve

Thursday Afternoon Links

[CNBC] Nasdaq, S&P 500 hit fresh records after strong Alphabet earnings: Live updates 

[Yahoo/Reuters] US business activity rises; tariffs fuel inflation concerns

[MSN/MW] US economy saw stronger but uneven growth, higher inflation in July: S&P surveys

[Yahoo/Reuters] US new home sales below expectations in June; housing supply rises

[Axios] U.S. trade agreement with Japan includes $550 billion in unanswered questions

[Reuters] Markets' trade deal euphoria ignores tariff reality

[Yahoo/Reuters] ECB policymakers set high bar for Sept rate cut, sources say

[Bloomberg] US Business Growth Hits 2025 High As Services Strength Offsets Manufacturing

[Bloomberg] Risk of Tighter Money Reignites Debate Over the Fed Funds Rate

[Bloomberg] Private Credit Firms From KKR to Blackstone Ready for 401(k) Win

[Bloomberg] What’s Behind the Deadly Thailand-Cambodia Border Clashes?

[NYT] The Renovations Fueling Trump’s Attacks on the Fed