Thursday, January 16, 2025

Thursday's News Links

[Yahoo/Bloomberg] Stocks Steady as Data Keep Fed Bets Alive: Markets Wrap

[Yahoo/Bloomberg] Gold Gains After US Inflation Data Boosts Rate-Cut Optimism

[Yahoo/Bloomberg] Oil Trades Near Five-Month High on Lower Stockpiles, Russia Risk

[Reuters] US weekly jobless claims increase; labor market conditions still healthy

[AP] The number of Americans applying for unemployment benefits rose last week, but layoffs remain historically low

[Axios] Trump's Treasury pick to tout "new economic golden age"

[Yahoo/Reuters] Trump Treasury pick Bessent faces Senate grilling on taxes, trade, deficits

[Yahoo/Bloomberg] Trump Team Readies Oil Sanctions Plan for Russia Deal, Iran Squeeze

[Yahoo/Bloomberg] US Bond ‘Death Spiral’ Risk Brushed Aside by Foreign Funds

[Yahoo/Bloomberg] Fire-Whipping Los Angeles Winds Are at the Heart of a Climate Riddle

[Yahoo/Bloomberg] Indonesia’s Surprise Rate Cut Is Fueling Bond Uncertainty

[Yahoo/Bloomberg] Brazil’s Economic Activity Downshifts as Key Rate Goes Higher

[Yahoo/Bloomberg] Investors Pull Record $57 Billion From Brazil Hedge Funds

[Bloomberg] Why Latest US Sanctions on Russian Oil Are a Big Deal

[Bloomberg] China Vanke CEO Zhu Taken Away by Authorities, Observer Reports

[Bloomberg] India’s RBI Said to Mull Bolder Measures to Ease Cash Crunch

[WSJ] Treasury Secretary Pick Scott Bessent Says Trump Could Bring ‘New Economic Golden Age’

[WSJ] China Has a $1 Trillion Head Start in Any Tariff Fight

[WSJ] Bank of Japan Chief Again Signals Chance of Rate Hike Next Week

[WSJ] Wall Street Thinks U.S. Homes Are Overpriced

[WSJ] Where Does L.A.’s Luxury Home Market Go From Here?

[WSJ] What Happens When Your House Burns Down and You Still Have a Mortgage?

[FT] Top financial watchdog warns climate change set to trigger market panics

[FT] The alarming contradictions awaiting Donald Trump’s dollar

[FT] The ‘grossly overvalued’ American dollar

[FT] Chinese citizens’ doubts grow over official economic growth claims