Wednesday's News Links

[CNBC] Stock futures edge higher ahead of Nvidia earnings: Live updates 

[AP] Trump foes like Fed Governor Lisa Cook find themselves targeted by top housing regulator

[Yahoo/Reuters] Australia's inflation tops forecasts as electricity prices surge

[Politico] Trump’s attack on Fed triggers alarm in Europe over economic stability

[Bloomberg] Trump's 50% Tariffs on India Take Effect, Among the Highest in the World

[Bloomberg] Senate Panel Prepares to Hold Hearing on Trump’s Fed Pick

[Bloomberg] France’s Political Crisis Dashes Hopes of Business-Led Recovery

[WSJ] Get Ready for the End of Fed Independence

[WSJ] Trump’s Fed Aggression Poses New Legal Test of Presidential Power

[WSJ] Lisa Cook, the Fed Governor at the Center of a Firestorm

[FT] Donald Trump’s Fed blitz risks raising US borrowing costs

[FT] US tariffs on India hit 50% as Donald Trump-Narendra Modi ties sour

Tuesday Evening Links

[CNBC] S&P 500 closes higher as Nvidia gains, traders shake off Trump’s latest Fed salvo 

[Yahoo/Bloomberg] Long US Bonds Fall as Threat to Fed’s Cook Spurs Inflation Worry

[CNBC] Trump says he’ll have a Fed ‘majority’ soon to push rates lower after firing Cook

[AP] Embattled Fed Gov. Lisa Cook says she’ll sue Trump to keep her job

[Yahoo/Bloomberg] Cook Preps Legal Challenge as Trump Seeks to Remove Her From Fed

[Axios] Trump vs. Fed hits critical point: If he can fire Cook, many others might follow

[Yahoo/Reuters] Factbox-Fed Governor Cook's mortgages: What's known and what's not

[Reuters] 'Powerful optics': China's Xi to welcome Putin, Modi in grand show of solidarity

[Bloomberg] Trump’s Fed Gamble Risks Pushing Key Bond Rates Even Higher

[Bloomberg] Powell Won’t Save the Fed With Silence

[Bloomberg] Trump Warns of ‘Economic War’ If Putin Doesn’t Pursue Peace

[Bloomberg] Can Trump Take ABC, NBC Off the Air? What to Know About US Broadcast Licenses

[Bloomberg] Trump Team Weighing Options to Extend Influence to Fed Banks

[Bloomberg] Xi Unleashes China’s Biggest Purge of Military Leaders Since Mao

[NYT] Housing Official’s Push on Mortgage Fraud Gives Trump a Political Weapon

[WSJ] Trump Weighs Quickly Announcing Nominee to Replace Lisa Cook on Fed Board

[FT] Donald Trump’s attack on Fed shifts market bets on interest rates and inflation

[FT] Trump’s reckless attacks on the Fed

Tuesday Afternoon Links

[CNBC] S&P 500 is little changed as traders weigh Trump’s latest Fed salvo, brace for Nvidia earnings: Live updates 

[AP] August consumer confidence dips in US with jobs, tariffs and high prices driving most unease

[AP] A US tariff exemption for small orders ends Friday. It’s a big deal to some shoppers and businesses

[Axios] Trump, chairman of corporate America

[Reuters] US truck makers look for cover as Trump's tariffs raise costs

[Bloomberg] Fed Bank Presidents Face Risk of Removal on Trump’s Maneuvers, Brainard Says

[Bloomberg] Calm in Markets Is All But Over, Goldman and Deutsche Bank Say

[Bloomberg] Home Prices in the US Increase at the Slowest Rate Since 2023

[NYT] As Trump Ramps Up Pressure on Digital Rules, Can Europe Resist?

[WSJ] What Is Mortgage Occupancy Fraud, the Claim Wielded by the Trump Administration?