Tuesday, July 1, 2025

Tuesday's News Links

[CNBC] Stocks slip to kick off second half of 2025, Tesla shares drop: Live updates

[Yahoo/Bloomberg] Treasury Yields Drop to Lowest Level in Two Months Before Powell Speaks

[AP] Senate grinds to a standstill as Republicans struggle with Trump’s big bill

[Reuters] US manufacturing mired in weakness as tariffs bite

[Reuters] US job openings unexpectedly rise in May, hiring falls

[Reuters] Rare earth magnet users jolted into paying premium prices for ex-China supply

[Yahoo/Bloomberg] Homes Are Taking Longer to Sell in US Markets That Once Flourished

[Yahoo/Bloomberg] Japan’s Trade Strategy Tested as Trump Pushes for Quick Deals

[Axios] Trump says DOGE may "go back and eat Elon"

[Yahoo/Reuters] China's factory activity returns to growth in June, Caixin PMI shows

[AP] Iran assesses the damage and lashes out after Israeli and US strikes damage its nuclear sites

[Bloomberg] Bessent Says US Hopes to See China Magnets Flow at ‘Faster Rate’

[Bloomberg] Trump Says He’ll Have to ‘Take a Look’ at Deporting Musk

[Bloomberg] Taiwan Life Insurers Caught in Dilemma With Costly FX Hedges

[Bloomberg] Europe’s Junk Bonds Cap Record Month With €22.5 Billion of Sales

[WSJ] Republicans’ Effort to Pass Megabill Stretches Into a New Day

[WSJ] Republicans Charge Ahead With Megabill’s Fate Uncertain

[WSJ] The Worst Housing Market in America Is Now Florida’s Cape Coral

[WSJ] A Hot New Firm Opened the Private Market to the Little Guy. Now It Is in Big Trouble.

[FT] When the president wants a ‘low rates guy’

[FT] Taiwan’s currency jumps as life insurers rush to hedge against weak US dollar

[FT] EU toughens stance on Donald Trump’s tariffs as deadline looms

[FT] Japan digs in on rice and cars as trade talks with US stall