Friday's News Links

[CNBC] S&P 500 little changed as index heads for winning week: Live updates

[Reuters] Oil heads for weekly gain as Middle East supply risks persist

[AP] US and Iran exchange intensifying fire across Mideast, threatening ceasefire deal

[AP] Unclaimed airstrikes target Iran after US attacks, raising questions of who launched them

[Yahoo/Bloomberg] Big Tech Doubles Debt Load to $350 Billion in AI Spending Spree

[Yahoo/Bloomberg] SK Hynix’s US Trading Debut Unleashes Wave of New Leveraged ETFs

[Yahoo/Bloomberg] Carry Trades Face Best Conditions Since 2000, Goldman Sachs Says

[Axios] AI boom puts Big Tech's transparency to the test

[Yahoo/Reuters] Global equity fund inflows surge to three-week high on AI optimism

[Axios] Venture capital is already having a record year

[CNBC] Private chef salaries reach $300,000 as the rich seek their own Michelin stars

[Yahoo/Reuters] Japan's wholesale inflation spikes as fuel costs, weak yen bite

[Yahoo/Bloomberg] China Omits Job Goal in Five-Year Plan for First Time in Decades

[Bloomberg] Traders Hedge for FX Volatility Return as Fed Uncertainty Builds

[Bloomberg] Japan’s Producer Prices Pick Up to Fastest Pace Since Early 2023

[Bloomberg] Japan Urges Its Pension Funds to Invest More at Home, Boosting Yen 

[Bloomberg] China Again Warns Russia Not to Use Nuclear Arms Against Ukraine

[NYT] Bombing and a Tentative Accord Didn’t Work. Does Trump Have a Plan C for Iran?

[WSJ] Ukraine’s Drones Are Now Reaching Siberia and Imperiling Russian Energy Assets

[FT] All you never wanted to know about corporate bond market issuance

[FT] Japan finance minister urges giant pension fund to invest more at home

[FT] IEA warns of petrol and diesel supply crunch

Thursday Evening Links

[CNBC] Stock futures are little changed as S&P 500 heads for winning week: Live updates

[Reuters] Iran says it hits U.S. military targets in Gulf, buries slain leader Khamenei

[Yahoo/Bloomberg] Trump’s Iran Truce in Limbo After Renewed Strikes and Sanctions

[AP] Andreessen, Chetty among leaders of Fed’s new task forces evaluating operations

[CNBC] Kevin Warsh names members of his Federal Reserve task forces, including Marc Andreessen, Doug McMillon

[Reuters] US markets brace for renewed funding pressure as leverage rises

[Reuters] SK Hynix raises $26.5 billion in US offering after pricing ADRs at $149

[Bloomberg] Fed’s Warsh Names Leadership for Five New Task Forces

[WSJ] Five Takeaways From WSJ’s Exclusive Reporting on Europe’s Rupture With the U.S.

[FT] Kevin Warsh picks ex-BoE chief Mervyn King and tech boss Marc Andreessen to reform Fed

[FT] PepsiCo warns of ‘rising inflationary pressures’ for US consumers

Thursday Afternoon Links

[CNBC] Stocks gain as chipmakers rise, oil prices fall: Live updates

[CNBC] June home sales disappoint as prices reach an all-time high

[Yahoo/Bloomberg] Fed’s Williams Says AI Is Now His Main Inflation Concern

[Yahoo Finance] New York Fed says many businesses are not finished raising prices to offset tariffs

[Yahoo/Bloomberg] Microsoft’s Emissions Surged 25% in 2025 During Data Center Boom

[Bloomberg] US 30-Year Bond Auction Draws Highest Yield Since 2007

[NYT] A $3.2 Trillion Deal-Making Frenzy Is Spurred by the A.I. Economy

[WSJ] The Fight Over Hormuz Boils Down to One Poorly Worded Clause in Trump’s Deal

[WSJ] Fed’s Williams Says Inflation Still Too High, Expects Retreat in Energy Prices

[WSJ] Federal Regulator Warns Robotaxis Are a ‘Danger’ to the Public

[FT] World faces growing diesel supply crunch as Russia cuts off exports