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Wednesday, August 26, 2026

Thursday's News Links

[CNBC] Nasdaq jumps as Nvidia earnings lift chip stocks: Live updates

[CNBC] Nvidia jumps 7% after blockbuster earnings boost AI confidence

[Reuters] Oil gains as traders weigh prospects of easing Middle East supply disruptions

[AP] After six months of Iran war, US goals have shifted. The Strait of Hormuz is now a top concern

[AP] The number of Americans applying for jobless aid slips to 203,000 as layoffs remain low

[CNBC] Kansas City Fed’s Schmid says inflation ‘stubborn’ and ‘sticky,’ policy rate not restrictive

[Axios] Fed governor Lisa Cook: "No legitimate basis for removal" on Trump mortgage claims

[AP] New Fed chair Kevin Warsh under pressure to clarify views on inflation, interest rates

[Yahoo/Reuters] Fed's Warsh faces challenge whether inflation is a problem or not

[Yahoo/Bloomberg] Greer Suggests US Needs to Consider Bans on Canadian Goods

[CNBC] U.S. considers fresh round of tariffs on semiconductors, report says

[Axios] Big Tech faces Big Resistance

[Yahoo/Bloomberg] Cheap Tokens, Costly Chips and a Missing AI Payoff

[Yahoo/Bloomberg] US Says China-Linked Hackers Targeted NASA, Fed and Senate

[Yahoo/Bloomberg] AI’s Two-Minute Home Refinancings Menace Mortgage Bond Returns

[Yahoo/Reuters] BOK delivers back-to-back rate hikes as price pressures persist

[Yahoo/Reuters] BOJ deputy governor Himino calls for 'timely' rate hike

[Yahoo/Reuters] Japan's yen rescue has echoes of Asian financial crisis, ex-FX diplomat says

[Politico] French government scales back plans to reduce deficit in 2027

[CNBC] China industrial profits growth cools to slowest in seven months as economic slowdown deepens

[Bloomberg] US Goods-Trade Deficit Widens to Largest Since March 2025

[Bloomberg] Fed’s Schmid Says Policy Isn’t in Restrictive Territory

[Bloomberg] Warsh Owes Investors a Jackson Hole Reset

[Bloomberg] Treasury Secretary Scott Bessent Desperately Needs a Reset

[Bloomberg] The ‘Burn the Bonds’ Stage of the Debt Cycle Is Here

[Bloomberg] AI Debt Tests Investor Tolerance, Says Top JPMorgan Bond Banker

[Bloomberg] Hormuz Oil Flows Rising as Gulf Giants’ Ramp Up Accelerates

[Bloomberg] Wheat Hits Three-Year High as Russia Prepares to Escalate War

[Bloomberg] Banks and Insurers Run Risks Playing Shell Games With Credit

[Bloomberg] What Fueled the Deadly Flash Flood on the Nepal-China Border

[NYT] Fed Governor Targeted by Trump Issues Defense Against Attempted Ouster

[WSJ] U.S. and Canada Are Bracing for Prolonged Trade Dispute

[WSJ] Think Treasurys Are Having a Rough Summer? It’s Even Uglier Abroad

[WSJ] Fed’s Cook Says She Never Committed Fraud

[WSJ] BOJ Deputy Gov. Himino Vows Inflation Vigilance as Rate-Hike Bets Mount

[WSJ] Wheat Soars to Highest Level in Three Years as Black Sea Crisis Deepens

[WSJ] The Russia-Ukraine Air War Has Entered a New, Deadlier Phase

[FT] AI’s hacking capabilities are severely underestimated

[FT] What a century of data tells us about today’s corporate bond spreads

[FT] The US is gambling with its role as the world’s investment hub

[FT] Jane Street’s growing pains

[FT] South Korea raises interest rates to 3% to tame AI-fuelled inflation