Thursday, July 31, 2025

Friday's News Links

[CNBC] Dow tumbles 600 points after weak jobs report, Trump tariff rollout: Live updates

[Yahoo/Bloomberg] Stocks Buckle Under Trump Tariffs; Amazon Slumps: Markets Wrap

[CNBC] U.S. job growth slows to 73,000 in July, less than expected

[AP] Trump calls on Federal Reserve board to wrest full control of central bank from Fed Chair Powell

[Axios] Trump's Liberation Day reset

[CNBC] Trump rejigs tariff rates ahead of deadline, levies 40% duties on all transshipped goods

[AP] Trump signs order imposing new tariffs on a number of trading partners that go into effect in 7 days

[Yahoo/Bloomberg] Trump Unleashes Massive Tariffs on Swiss Watches, Pharma Firms

[Reuters] Trump hits dozens of countries' goods with steep tariffs

[Axios] Tale of two countries: Home prices rise in one half of U.S., fall in the other

[Reuters] Big Tech may be breaking the bank for AI, but investors love it

[Axios] Tech giants ramp up spending as AI starts to deliver

[Yahoo/Reuters] CEO Tim Cook says Apple ready to open its wallet to catch up in AI

[Yahoo/Bloomberg] China Says US Exploited Old Microsoft Flaw to Wage Cyberattacks

[Yahoo/Reuters] China's manufacturing activity shrinks as exports drag, S&P PMI shows

[Bloomberg] Highest US Tariffs Since WWII Set to Cut Growth, Boost Inflation

[Bloomberg] Goldman Urges Caution as Global Credit Spreads Hit 2007 Lows

[Bloomberg] ‘It’s 10% in 17 Minutes’: Option-Trading Show Taps Into Retail Fever

[Bloomberg] Hedge Funds Dump US Stocks, Seeing Risks as Tariff Woes Linger

[Bloomberg] India Says Russia Ties ‘Time-Tested’ as Trump Slams Relation

[NYT] Fed Dissenters Defend Call for July Rate Cut as Trump Intensifies Attacks

[NYT] A.I. Researchers Are Negotiating $250 Million Pay Packages. Just Like N.B.A. Stars.

[WSJ] Big Tech’s $400 Billion AI Spending Spree Just Got Wall Street’s Blessing

[WSJ] Congress Looks to Punish China While Trump Pursues Trade Deal

[WSJ] Millions of Student-Loan Borrowers Prepare for Higher Payments

[WSJ] Climate Skeptics Are Tapped by Trump Administration to Justify Regulatory Rollback

[WSJ] China’s Manufacturing Activity Tumbles Into Contraction

[FT] Donald Trump reignites global trade war with sweeping tariff regime

[FT] Is California’s economy heading for a deep slump?

[FT] Tett: Five things investors should ponder on crypto

[FT] Tariffs on Taiwan stir fears over waning US support against China

Thursday Evening Links

[CNBC] S&P 500 futures slip as traders await big jobs report: Live updates 

[Yahoo/Bloomberg] Trump Says Canada Needs to Pay Up to Reach Truce on Trade

[Reuters] Trump increases tariff on Canada to 35%, White House says

[AP] Dozens of countries with no deals face higher tariffs as trade deadline nears

[Axios] Trump says global baseline tariff rates will stay at 10%

[Axios] Trump gives major drugmakers 60 days to cut U.S. prices

[CBS] China uses "dark fleet" to buy oil from Iran and evade U.S. sanctions in international waters

[WSJ] Here Is What to Know About Trump’s 50% Tariffs on Brazil

[FT] Federal Reserve defies Donald Trump on interest rates

[FT] Russia intensifies attacks on Ukraine despite Donald Trump’s ultimatum