Tuesday, August 12, 2025

Tuesday Evening Links

[CNBC] Stock futures are little changed after market returns to record highs: Live updates

[AP] US July budget deficit up 20% year-over-year despite record Trump tariff income

[AP] Trump’s nominee to oversee jobs, inflation data faces shower of criticism

[Yahoo/Bloomberg] Trump Says He May Allow Lawsuit Against Powell Over Fed Renovation

[Yahoo/Bloomberg] Bessent Hints Fed Should Be Open to a Half-Point Rate Cut

[Axios] Trump appointments could spell breakdown of economic trust

[CNBC] Trump tells Goldman Sachs CEO David Solomon to replace bank’s economist over tariff predictions

[AP] Trump’s takeover of Washington law enforcement begins as National Guard troops arrive

[Bloomberg] US July Tariff Revenue Jump Fails to Halt Wider Budget Gap

[Bloomberg] Leveraged Loan Margins Sink to Junk-Floor Level Over Summer

[WSJ] All E.J. Antoni’s Labor Statistics

[WSJ] Trump Advisers Consider Changes to How Government Collects Jobs Data

[FT] ‘The world is not going to trust our data’: Trump’s BLS pick sparks alarm

Tuesday Afternoon Links

[CNBC] S&P 500 jumps to record high as inflation report gives Fed green light to cut rates: Live updates 

[Axios] Trump's BLS nominee suggests suspending jobs report

[CNBC] Trump threatens Fed chair Powell with ‘major lawsuit,’ demands interest rate cut

[Yahoo/Reuters] Miran calls Fed independence 'paramount' but declines to elaborate - CNBC

[Yahoo/Reuters] Fed's policy rate should stay on hold for now, Schmid says

[Yahoo Finance] Trump blasts Goldman over tariff forecasts, tells David Solomon to 'focus on being a DJ'

[Bloomberg] Trump Says He May Allow Lawsuit Against Powell Over Fed Renovation

[Bloomberg] Trump Pick to Lead BLS Suggested Suspending Monthly Jobs Report

[Bloomberg] Fed’s Barkin Says Balance Between Jobs, Inflation Risks Unclear

[Bloomberg] The Case for Fed Cuts Suddenly Has Some Holes

[Bloomberg] Zelenskiy Says Ukraine Won’t Withdraw Troops From Donbas