Saturday's News Links

[AP] Bridges and infrastructure hit as US struck deeper inside Iran

[AP] Houthis fire missiles and drones at Saudi Arabia in response to strikes on a Yemeni city

[Reuters] Houthis fire on Saudi Red Sea oil sites

[AP] Americans rewire their grocery shopping routines while digesting the biggest price jump in 50 years

[Axios] Trump's what's-old-is-new-again tariff tactic

[Reuters] This wave of Trump tariffs is likely here to stay; more are coming

[CNBC] Moody’s says ‘unprecedented’ AI spending threatens credit quality of Amazon, Meta, Alphabet and others

[Reuters] Its AI agent spent days hacking a company, but sources say OpenAI did not notice for a week

[Reuters] Samsung Elec, SK Group seal $950 bln deals as South Korea hosts AI powers

[Reuters] Private credit roundup: Insurers step up as liquidity pressures build

[Reuters] Wildfires force evacuations outside Bordeaux as wind stokes Spanish blazes

[Bloomberg] Big Tech Debt Flood Is Taking Over Risk In Market: Credit Weekly

[Bloomberg] Heat Bakes Central US, Raising Energy Demand as East Stays Cool

[Bloomberg] El Niño Worsens Plight of Asia’s Rice Belt After War Price Shock

[NYT] Iran War Live Updates: U.S. Strikes Abate, Even as Trump Considers Escalation

[NYT] China Has Come Through Trump’s Trade War in a Good Position

[NYT] China Wields Its Rare-Earths Leverage Over Europe With Export Controls

[WSJ] The U.S. and Iran Are Stuck in a Cycle of Military Escalation

[WSJ] Cheap, Accurate and Lethal: Iran’s Best Missile Is Getting More Dangerous

[WSJ] Corporate America Has Suddenly Decided to Stop Blowing Money on AI

[WSJ] A Rogue Hack and China at the Door Spark a Great AI Panic

[FT] Saudi Arabia strikes Houthis after Iran-backed rebels target energy sites

[FT] Investors increase bets on Federal Reserve rate rise after oil price surge