Monday's News Links

[CNBC] S&P 500 is little changed as oil jumps, overshadowing Nvidia gain: Live updates

[Yahoo/Reuters] Asia stocks extend AI boom, oil up on Gulf risk

[CNBC] Oil prices climb over 3% as U.S.-Iran talks at impasse, Israel expands Lebanon offensive

[CNBC] Iran stops negotiations with U.S., vows to ‘completely’ block Strait of Hormuz: State media

[AP] US bombs Iranian military sites and Tehran targets American troops in Kuwait

[CNBC] U.S. intercepted Iranian missiles targeting American forces in Kuwait, Central Command says

[Yahoo/Bloomberg] US, Iran Trade Deal Drafts as Israel Expands Lebanon Assault

[Reuters] Iran says contradictory US positions, Israeli attacks on Lebanon delaying diplomacy

[Yahoo/Bloomberg] Trump Says Deal Will ‘Work Out Well’ Even as US, Iran Clash

[AP] Trump is facing a new inflation warning from the bond market, adding to his midterm challenges

[Yahoo/Reuters] Factories face soaring costs as Iran war causes supply shocks

[Axios] Jerome Powell warns that the Fed's credibility is at risk

[Yahoo/Reuters] Fed's Powell warns that politicizing the Fed would cost public trust

[Yahoo/Reuters] Analysis-AI debt sales reshape global corporate bond markets

[Yahoo/Bloomberg] Goldman Says Hedge Funds Buy Stocks at Fastest Pace in 6 Months

[Axios] The Rattled Generation: A unified theory of this American moment

[Politico] Brussels’ nightmare French election scenario risks coming true: Bardella vs. Mélenchon

[Reuters] India's 2025/26 fiscal deficit at 4.4%, in line with government estimates

[Bloomberg] AI Savings Misses ‘Should Be Making Executives Uncomfortable,’ Bain Says

[Bloomberg] Populism Is Threatening to Supercharge America’s Fiscal Crisis

[Bloomberg] China Tightens Outbound Investment Rules in US Tech Rivalry

[Bloomberg] South Korea’s Export Momentum Continues, Backing BOK’s Hawkish Case

[Bloomberg] India Rate Risks, Fiscal Worries Add to Pressure on Bond Yields

[Bloomberg] Russia Bans Jet Fuel Exports After Record Refinery Attacks

[WSJ] U.S. Strikes Iranian Air Defenses, Drone Site in New Hormuz Skirmish

[WSJ] Trump Wants Arab States to Recognize Israel. The War Has Made That Harder.

[WSJ] Chips, AI Keep South Korea’s Export Engine Firing on All Cylinders

[WSJ] OECD Says 60% of Chinese Gains in Market Share Driven by Subsidies

[FT] Jay Powell warns Federal Reserve is undergoing ‘stress test’

[FT] ‘More harmful than helpful’: young people sour on AI

[FT] The truth about the American profit machine

[FT] Hungarian PM to remove president and other ‘Orbán puppets’ from office

Sunday Evening Links

[CNBC] Stock futures are flat in overnight trading as June trading begins near record highs: Live updates

[Reuters] Oil prices rise more than 2% as Israel moves further into Lebanon

[CNBC] Japanese bond yields are the highest in 40 years. The budget and a ‘red flag’ from PM Takaichi have markets nervous

[Yahoo/Bloomberg] Bond Trader Bets on Fed Hike Poised for Gut Check From Jobs Data

[CNBC] U.S. and Iran still without deal to end war after Trump says he’s not in a ‘hurry’

[Yahoo/AFP] After the AI binge, companies balk at soaring bills

[Bloomberg] Sheinbaum Accuses US of Interfering in Mexico’s Politics

[NYT] U.S. Military Is Quietly Guiding Ships Through the Strait of Hormuz

[NYT] Trump Hits the Stalemate Phase of His International Interventions, and It Stings

[WSJ] Venture Capital Turns to Hardware Bets as AI Threatens Software Companies

Sunday's News Links

[Axios] Trump requests edits to Iran deal his envoys negotiated

[Axios] AI is turning energy into the hottest business in America

[Reuters] The great Indo-Pacific hedge - deeper defence ties as US doubts grow and China ascends

[Yahoo/Bloomberg] Taiwan Vows Not to Be ‘Silenced’ After China Expels NYT Reporter

[BBC] Colombia votes in presidential election that could redefine relations with US

[Bloomberg] AI Bubble Debate Gets Real as Chip Stocks Rally Turns Historic

[Bloomberg] A Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to Expect

[Bloomberg] ECB Should Act Sooner Rather Than Later, Pereira Tells Negócios

[Bloomberg] China Factory Activity Worsens in Warning Sign for Economy

[Bloomberg] Japan Rejects China’s ‘New Militarism’ Label as Hypocritical

[NYT] Trump Sends Tougher Terms to Iran for Peace Framework, Officials Say

[NYT] Trump Administration Sees Striking Exodus of Legal Talent

[WSJ] Kevin Warsh Wants the Fed to Think About Inflation Differently

[WSJ] The Messy Reality of Building an Empire in Space

[FT] Wall Street bulls bet US stocks rally will defy bubble fears