Saturday, August 2, 2025

Sunday's News Links

[Reuters] Wall St Week Ahead AI gains and strong earnings support Wall Street as tariff woes linger

[Yahoo/Reuters] Latest Trump tariffs unlikely to budge, top negotiator says

[AP] From Laos to Brazil, Trump’s tariffs leave a lot of losers. But even the winners will pay a price

[Yahoo/Fortune] The Federal Reserve’s power: Congress giveth and Congress can taketh away

[Yahoo/Bloomberg] OPEC+ Agrees Output Hike to Finish Unwinding Round of Cuts

[Axios] The American Dream's closing gate

[NYT] Trump Fired America’s Economic Data Collector. History Shows the Perils.

[NYT] Trump’s Tariffs Are Making Money. That May Make Them Hard to Quit.

[NYT] Trump Will Slow, but May Not Stop, the Rise of Electric Vehicles

[WSJ] The AI Boom’s Hidden Risk to the Economy

[WSJ] Unemployed Americans Endure Longer Job Searches in a Cooling Market

[WSJ] Trump’s ‘Slap in the Face’ Puts Neutral Switzerland in Trade-War Crossfire

[WSJ] Why Drug Prices for Some Big Medicines Will Remain High for a Longer Time

[FT] Trump tariffs are ‘unsustainable’, says Mexico’s auto sector chief

[FT] Japanese farmers’ bank vows caution after $12bn loss from Treasuries bet

[FT] Russian oil depot in Sochi set ablaze by Ukrainian drone strike

[FT] Heatwaves test Europe’s electricity system as air conditioning use soars

Saturday's News Links

[Axios] Stagflation fears are back

[Bloomberg] Fed Governor’s Exit Could Accelerate Trump’s Selection of Next Chair to Succeed Powell

[AP] Trump removes official overseeing jobs data after dismal employment report

[Reuters] Data credibility fears fueled after Trump orders firing of labor official

[NYT] After a Lag, Consumers Begin to Feel the Pinch of Tariffs

[NYT] India Will Buy Russian Oil Despite Trump’s Threats, Officials Say

[WSJ] Fed Officials Take Cool Jobs Report in Stride

[WSJ] Transcript: New York Fed President John Williams Discusses the Economic Outlook

[WSJ] Trump’s AI Strategy Against China Gets Its First Big Test

[WSJ] Thanks for Your $1 Billion Job Offer, Mark Zuckerberg. I’m Gonna Pass.

[WSJ] Trump’s Warm Embrace of India Turns Cold

[FT] Dollar rebound fizzles after jobs data disappoints

[FT] How carmakers are becoming the biggest losers in Trump’s trade war

[FT] Trump says he will reposition nuclear submarines after ‘provocative’ Russian comments

[FT] US-India relations fray over Donald Trump’s tariff invective and Russian oil