Thursday Afternoon Links

[CNBC] Dow drops 400 points as AI stocks resume their decline, Nasdaq falls 1.8%: Live updates

[AP] Most major US airports are among 40 targeted for shutdown flight cuts

[AP] What to know about 10% reduction in flights at U.S. airports caused by the government shutdown

[Yahoo/Telegraph] OpenAI seeks US government backing to fund $1tn expansion

[Yahoo/Reuters] More than half of hedge funds invested in crypto, global survey says

[Bloomberg] Fed’s Hammack Says Inflation a Bigger Concern than Labor Market

[Bloomberg] Private Credit Titans Defend Track Record as Earnings Land Soft

[Bloomberg] US Companies to Boost Their Borrowing in 2026, Wells Fargo Says

[Bloomberg] Brazil Tapping Debt Markets in Busiest Spree Since 2010

[WSJ] Inflation-Protected Bonds Fail a Key Test: They Don’t Help When Inflation Is High

[FT] Who’s right about AI: economists or technologists?

[FT] UBS to liquidate funds with substantial First Brands exposure