Wednesday, August 20, 2025

Thursday's News Links

[CNBC] Stock futures slip after a 4-day losing streak for S&P 500: Live updates

[Yahoo/Bloomberg] Oil Holds Gain After Biggest Drop in US Stockpiles in Two Months

[Reuters] Morning Bid: Jackson Hole to open under Trump's shadow

[Yahoo/Reuters] Fed's expansive experiment in strategy to get a reboot at Jackson Hole

[Reuters] Hurricane Erin threatens North Carolina's Outer Banks with storm surge

[AP] Russia hammers Ukraine with drones and missiles as peace efforts drag on

[Reuters] Exclusive: China considering yuan-backed stablecoins to boost global currency usage, sources say

[Reuters] Rapid loss of Antarctic ice may be climate tipping point, scientists say

[Bloomberg] Trump Aims to Win Majority on Fed Board With Attempt to Oust Lisa Cook

[Bloomberg] Russian Missiles Strike US Electronics Plant in Western Ukraine

[Bloomberg] EU, US Lay Out Next Steps on Tariffs to Rebalance Trade Ties

[Bloomberg] Fed’s Schmid Says Modestly Restrictive Policy Still Appropriate

[Bloomberg] Japan 20-Year Government Bond Yield Rises to Highest Since 1999

[Bloomberg] Euro-Zone Business Activity at 15-Month High Despite Tariffs

[Bloomberg] German Wage Growth Quickened Sharply in Second Quarter

[Bloomberg] ‘Crazy Vacancies’ Force Boston Landlords to Challenge Valuations

[NYT] What Will Powell Do Now?

[NYT] Behind Powell’s Big Gamble in Final Jackson Hole Speech

[NYT] What Matters More to the Stock Market? The Fed or Nvidia?

[WSJ] U.S. Will Preserve 27.5% Auto Tariffs on EU Until Bloc Moves to Reduce Levies

[WSJ] More U.S. Companies Plan to Slow Hiring in Second Half of 2025

[FT] Russian missiles target Ukrainian cities in largest attack for weeks

[FT] Ukrainian attacks disrupt Russian petrol supplies and push up prices

[FT] China turns against Nvidia’s AI chip after ‘insulting’ Howard Lutnick remarks

[FT] It’s not a default if you never ask for cash — right?

[FT] UK business activity rises to 12-month high in August

[FT] Saudi Arabia’s 2029 Asian Winter Games at risk from snow mountain delay