Wednesday Afternoon Links

[CNBC] S&P 500 jumps to new record on encouraging inflation reading, Oracle stock surge: Live updates

[Yahoo/Reuters] Oil Climbs as Trump Questions Russia’s Incursion Into Poland 

[CNBC] Mortgage demand jumps to the highest level in three years, as interest rates drop sharply

[CNBC] Trump Fed nominee Stephen Miran advanced by Senate Banking committee, tees up final vote

[Bloomberg] Bond-Market Bets on Deep Fed Cuts at Risk From a Hot CPI Reading

[WSJ] Trump Pressed EU for Tariffs on China, India in Russia Sanctions Talks

[WSJ] NATO Planes Shoot Down Russian Drones Deep Inside Poland

[WSJ] Tariff Case Could Give Trump Massive New Fiscal Powers

[WSJ] What Alexander Hamilton Would Think of Today’s National Debt

Wednesday's News Links

[CNBC] S&P 500 jumps after encouraging inflation update, Oracle stock surge: Live updates

[CNBC] Wholesale prices unexpectedly declined 0.1% in August, as Fed rate decision looms

[BBC Live] Polish armed forces say Russian drones shot down in its airspace

[Yahoo/Bloomberg] Poland Shoots Down Russian Drones After Airspace Violation

[AP] Court rules Lisa Cook can remain a Fed governor for now while fighting Trump’s attempt to fire her

[Yahoo/Bloomberg] Trump Can’t Fire Fed Governor Lisa Cook for Now, Judge Says

[Yahoo/Bloomberg] Trump Floats New Tariffs on China, India to Squeeze Russia

[Yahoo/Reuters] US 30-year mortgage rate slides to 11-month low, MBA data shows

[Axios] Young America faces an economic crisis

[Axios] "The Axios Show" exclusive: Lutnick says U.S. should take a chunk of universities' patent revenue

[AP] Trump is upsetting the US allies needed to counter China

[Axios] Trump warns thousands of pharma companies over "deceptive ads"

[AP] France’s finances are in turmoil. Here’s how it came to this

[AP] What to know about the Israeli strike aimed at Hamas leaders in Qatar

[Axios] Poland's military says it's shot down Russian drones in its airspace

[Reuters] Protesters in France bid to 'Block Everything', scores arrested

[CNBC] China’s consumer prices fall more than expected in August as deflation woes persist

[Bloomberg] Five Lessons From Putin’s Reckless Polish Drone Strike

[Bloomberg] Poland Deploys Jets, Shuts Warsaw Airport Over Russia Drones

[Bloomberg] Will the Fed’s Independence Survive the Supreme Court?

[Bloomberg] Carlyle Warns of Blurred Treasury, Fed Roles as Rate Cuts Loom

[Bloomberg] Repo Market Strains Return as Bank of Canada Winds Down QT

[Bloomberg] China’s Consumer Inflation Dips Below Zero as Demand Weakens

[NYT] Inside Lutnick's Department of Deal-making

[WSJ] Judge Blocks Trump From Removing Fed Governor Lisa Cook

[WSJ] Health Insurance Costs for Businesses to Rise by Most in 15 Years

[WSJ] The Fed Official Who Called the Jobs Slowdown and Became a Candidate for Chair

[WSJ] China’s Deflationary Woes Continue Unabated

[WSJ] Inside Israel’s Audacious Airstrike on Hamas Leaders in Qatar, a U.S. Ally

[WSJ] Two Presidents, One Assassination Plot: Brazil’s Trial of the Century

[FT] Poland shoots down Russian drones

[FT] Why is AI struggling to discover new drugs?

[FT] How worried should we be about the crypto crush?

[FT] Chinese government bond yields rise to 2025 high