Tuesday, July 1, 2025

Wednesday's News Links

[CNBC] S&P 500 slips after unexpected decline in private payrolls data: Live updates

[Yahoo/Bloomberg] Oil Extends Gain With US Stockpiles and OPEC+ Decision in Focus

[AP] House Republicans race toward a final vote on Trump’s tax bill, daring critics to oppose

[Yahoo/Reuters] US private payrolls unexpectedly decrease in June; layoffs remain low

[Yahoo/Bloomberg] ‘Irrational Exuberance’ Stock Gauge Sparks Fresh Bubble Worries

[Reuters] Morning Bid: Markets sit tight for trade progress

[Yahoo/Bloomberg] Trump’s 35% Tariff Threat Feeds Japan’s Worst-Case Scenario Fear

[Yahoo/Bloomberg] Beijing Braces for US Trade Deals That Seek to Shut Out China

[Yahoo/Bloomberg] Traders’ Fear of Missing Out on Stock Gains Outweighs Tariff Concerns

[CNBC] Homeowner’s insurance premiums vary widely from state to state, but they are all going up

[Bloomberg] House Republican Hardliners Warn of a Delay to Tax Vote

[Bloomberg] California Is Running Out of Safe Places to Build Homes Due to Fires, Rising Seas

[Bloomberg] Manhattan Home Sales Surge 17% With Cash Buyers Leading the Way

[WSJ] China Is Quickly Eroding America’s Lead in the Global AI Race

[Bloomberg] Gold Holds Gains as Trump Tax Bill Stokes US Deficit Concerns

[NYT] Despite Pressure From Trump, Powell Remains Patient on Rate Cuts

[NYT] How Immigration Could Muddy the Jobs Numbers

[WSJ] What’s in the Trump Tax Bill Passed by the Senate?

[WSJ] Trump Said Trade Deals Would Come Easy. Japan Is Proving Him Wrong.

[WSJ] Thought Markets Were Volatile Already? Watch Out.

[FT] European junk bond sales hit record as investors cut US exposure

[FT] Sabotage suspected as mystery blasts hit oil tankers

[FT] UK bonds slump on doubts over Reeves’ future after tearful PMQs