Tuesday's News Links

[Reuters] S&P 500 inches higher after benchmark snaps losing streak. Live updates

[Yahoo/Bloomberg] Oil Steadies as Trump Threatens India for Taking Russian Crude

[CNBC] Trump says Treasury Secretary Bessent ‘does not want’ to be Fed chair, but 4 others in running

[Reuters] Trump will announce Fed appointments soon; Bessent wants to stay at Treasury

[CNBC] Trump says new semiconductor tariff plan coming as soon as next week

[Reuters] Global M&A hits $2.6 trillion peak year-to-date, boosted by AI and quest for growth

[AP] Massive wildfire in central California threatens homes, injures 3 people as it burns out of control

[Axios] Trump doubles down, insists jobs data was rigged against him

[CNBC] Trump says JPMorgan Chase, Bank of America rejected him as a bank customer

[Reuters] Exclusive: Putin doubts potency of Trump's ultimatum to end the war

[AP] A look at the top buyers of Russian oil as Trump pressures China and India to stop buying it

[BBC] Why Putin and Trump's relationship soured – they could now be nearing a 'head-on collision'

[AP] Russia says it no longer will abide by its self-imposed moratorium on intermediate-range missiles

[Yahoo/Reuters] Brazil central bank warns on US tariffs, vows to anchor inflation expectations

[Bloomberg] US Trade Gap Narrows to Tightest Since 2023 on Drop in Imports

[Bloomberg] Trump Says ‘Getting Very Close’ on Extending China Trade Truce

[Bloomberg] China Services Growth Jumps to One-Year High on Travel Boost

[Bloomberg] Deadly Cloudburst in India Sweeps Away Village in Flash Flood

[Bloomberg] Japan Sets New Temperature Record for Second Time in a Week

[WSJ] Trump Rules Out Tapping Scott Bessent as Fed Chair

[WSJ] Earning More but in Worse Shape: Hardship Overwhelms Many American Families

[WSJ] India Defies Trump on Russian Oil Despite Tariff Threats

[WSJ] Push to Add ‘Buy Now, Pay Later’ Loans to Credit Scores Hits a Snag

[FT] Donald Trump rules out Scott Bessent for Federal Reserve chair

[FT] Apollo assets hit record high as markets whipsaw on Donald Trump’s tariffs

[FT] Trump is the gift that keeps giving to China

[FT] FT Investigation: The covert trip by Iranian nuclear experts to Russia

Monday Evening Links

[CNBC] S&P 500 futures inch higher after benchmark snaps losing streak, Palantir pops on earnings: Live updates

[AP] Trump says he doesn’t trust the jobs data, but Wall Street and economists do

[AP] August recess can’t hide tensions ahead for Congress on spending and Trump nominations

[AP] Modi and Trump once called each other good friends. Now the US-India relationship is getting bumpy

Monday Afternoon Links

[AP] Wall Street rallies and US stocks recover much of Friday’s wipeout

[Yahoo/Bloomberg] Oil Slides on OPEC+ Output Hike, Russian Supply Uncertainty

[Yahoo/Bloomberg] Trump to Name New Fed Governor, BLS Head in Coming Days

[Yahoo/Reuters] US factory orders fall sharply in June on aircraft orders drop

[Axios] Trump firing of BLS head imperils trust in economic data

[Axios] Trump threatens higher India tariffs, accuses nation of funding war in Ukraine

[AP] Trump’s deadline for the Kremlin looms but Putin shows no sign of making concessions

[Yahoo/Bloomberg] EU Awaits Trump Actions on Car Tariffs, Exemptions This Week

[WSJ] U.S. Employment Trends Weaken, Underlining Labor-Market Jitters

[FT] Donald Trump to raise tariffs on India over Russian oil purchases