Thursday's News Links

[CNBC] S&P 500 declines for a third day as Oracle and Nvidia continue to fall: Live updates

[Yahoo/Bloomberg] Silver Hits $45 for First Time Since 2011 as Gold Nears Record

[Yahoo/Bloomberg] Treasury Yields Climb to Three-Week High Before Fed Speakers

[CNBC] Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness

[AP] US economy expanded at a surprising 3.8% pace in significant upgrade of second quarter growth

[Axios] White House raises specter of mass firings if government shuts down

[Yahoo/Bloomberg] Fed’s Miran Says US Economy’s Vulnerability Calls for Rapid Cuts

[Yahoo/Fortune] Stephen Miran, who Trump nominated to undermine Fed independence, once wrote a scathing critique of how the Fed wasn’t independent enough

[Reuters] Fed’s schmid: currently fed is close to meeting its mandates, but policy must look forward.

[Yahoo/Reuters] China signals that purchases of US soybeans hinge on tariff removal

[Axios] AI's trillion-dollar data center bet

[Yahoo/Reuters] Japan's corporate service inflation perks up in August

[Yahoo/Bloomberg] Denmark Investigates Russia in Second Drone Attack in a Week

[Axios] Exclusive: Russian officials must end war or find bomb shelters, Zelensky says

[Reuters] Exclusive: Chinese drone experts worked with sanctioned Russian arms maker, sources say

[Bloomberg] US Economy Grows at Fastest Pace in Nearly Two Years on Consumer Spending

[Bloomberg] Emerging-Market Assets Decline as Political Risks Proliferate

[Bloomberg] Le Pen Turns Up Pressure on Macron With Push for French Election

[Bloomberg] UK Budget Angst Hits Gilt Sales as Investor Appetite Fades

[Bloomberg] Former BOJ Board Member Expects Rate Hike as Early as Next Month

[NYT] There Are More Robots Working in China Than the Rest of the World Combined

[WSJ] White House to Pursue Mass Firings if Government Shuts Down

[WSJ] Durable-Goods Orders Bounce Back on Surge in Aircraft Demand

[WSJ] Denmark Says New Drone Flights Over Military Base, Airports Are ‘Hybrid Attack’

[WSJ] Higher Electricity Prices Aren’t All Good for Utilities

[FT] Drones seen at 4 more Danish airports in ‘systematic’ attack

[FT] Trump’s biggest inflation worry might not come from his tariffs on goods

[FT] Stress-testing central bank independence

[FT] Can a US bailout save Argentina’s Javier Milei?

[FT] European officials fear Trump is preparing to blame them for Ukraine failure