Friday's News Links

[CNBC] S&P 500 retreats from record as traders assess new inflation data into long weekend: Live updates

[CNBC] Core inflation rate rose to 2.9% in July, as expected, key Fed measure shows

[Axios] America's power bills surge as AI strains an aging grid

[Yahoo/Bloomberg] RBA Warns of Financial Stability Risks From Private Market Boom

[CBS] Trump preparing major immigration enforcement operations in Chicago next week similar to LA, DHS sources say

[AP] CDC gets new acting director as leadership turmoil leaves agency reeling

[CNBC] German inflation rises to hotter-than-expected 2.1% in August

[Yahoo/Bloomberg] China Warns Against Excess Competition in Booming AI Race

[Yahoo/Bloomberg] China Monthly Stock Turnover Set for Record as Bull Run Extends

[Yahoo/Reuters] South Korea to boost budget spending in bid to spur AI-led growth

[Axios] Inside Trump's gunboat diplomacy with Venezuela

[AP] Peace efforts in limbo as Ukraine’s capital mourns 23 dead after Russian attack

[Reuters] Powerful U.S. senator arrives in Taiwan to discuss security

[Bloomberg] Bond Market’s Inflation Gauge Touches Six-Month High on Fed Risk

[Bloomberg] Pulte Ups Cook Scrutiny With Criminal Referral on Third Mortgage

[Bloomberg] ChatGPT’s Drive for Engagement Has a Dark Side

[Bloomberg] Lula Authorizes Retaliation Process Against Trump’s Tariffs

[WSJ] Higher Prices Are Coming for Household Staples

[WSJ] Trump Leans on National Security to Justify Next Wave of Tariffs

[WSJ] A Troubled Man, His Chatbot and a Murder-Suicide in Old Greenwich

[FT] America’s new ‘patriotic’ capitalism

[FT] China’s ‘big five’ banks pressured by consumer woes

Thursday Evening Links

[CNBC] Stock futures are little changed after S&P 500′s record high, inflation data looms: Live updates

[Yahoo/Bloomberg] Cook Signals ‘Clerical Error’ May Be Behind Mortgage Dispute

[Yahoo/Reuters] Trump's Fed pick Miran to get Senate hearing Sept 4

[Yahoo/Reuters] Fed's Waller sees rate cuts over next 3-6 months, starting in September

[AP] A major Russian drone and missile attack on Kyiv kills at least 21 people

[Reuters] US-Venezuela tensions rise as US warships arrive in Southern Caribbean

[Bloomberg] Trump’s Attacks Risk Wrecking the Fed’s Hard-Won Credibility

[Bloomberg] Putin Meets With Modi and Xi to Thrash Out Energy Needs

[Bloomberg] Xi Sharpens Mission for Bloc Built to Rival US-Led World Order

[WSJ] Bill Pulte and His Book of Liar Loans

[WSJ] Fed Governor Lisa Cook Sues to Stop Trump From Firing Her

[FT] Federal Reserve’s Christopher Waller says he could back jumbo rate cut if US economy weakens sharply

Thursday Afternoon Links

[CNBC] S&P 500 rises to record as Nvidia results validate AI boom: Live updates

[Yahoo/Bloomberg] Gold Gains as Traders Take Stock Before Key US Inflation Report

[Yahoo/Reuters] US pending home sales fall more than expected in July

[Yahoo/Bloomberg] Lisa Cook Suit Says Her Firing by Trump Puts US Economy at Risk

[Yahoo Finance] Trump tariffs are increasingly forcing countries to pick sides between the US and China

[Yahoo Finance] Mortgage rates hit fresh 2025 lows despite Trump-Fed drama

[Bloomberg] Trump Pick Miran Is on Track for Confirmation Before Fed Meeting

[Bloomberg] White House Weighs ICE Operations at Naval Base Near Chicago

[Yahoo/Bloomberg] RFK Jr. Says CDC Must More Closely Align With Trump’s Agenda

[Yahoo/Reuters] Hedge funds in Europe gain favour as investors steer away from US, says BNP Paribas