Tuesday's News Links

[Yahoo/Bloomberg] Gold Climbs to Another Record After Fed Rate-Cut Optimism Soars

[CNBC] Stocks are little changed after Nasdaq hits new record: Live updates

[Yahoo/Reuters] US small-business optimism climbs but labor quality concerns persist

[Axios] What AI's spending boom is really buying

[Yahoo/Bloomberg] US, South Korea in Deadlock Over $350 Billion Investment Fund

[Yahoo/Reuters] Analysis-Ishiba's departure gives BOJ pause for thought on rate hikes

[AP] Russian glide bomb attack in eastern Ukraine kills at least 21 people in line to receive pensions

[Politico] Government downfall tests Macron like never before

[Bloomberg] French Borrowing Costs Top Italy’s in Historic Market Shift

[Bloomberg] Global Bonds Climb 20% From 2022 Low With Fed Set to Resume Cuts

[Bloomberg] AI Chatbots Are ‘Clear Danger’ to Kids, Australian Watchdog Says

[Bloomberg] Jane Street Faces Off With India Market Regulator in Court

[WSJ] Trump’s Auto Tariffs Starts to Bite

[WSJ] Twelfth-Grade Math and Reading Scores in U.S. Hit New Low

[WSJ] U.S.-China Rivalry Sparks a Submarine Arms Race

[WSJ] Fall of French Government Prompts Muted Market Reaction

[WSJ] Indonesia Markets Unnerved as Finance Minister’s Removal Raises Policy Concerns

[FT] Hyundai-LG immigration raid sparks alarm at foreign companies in the US

[FT] Macron scouts for new prime minister to quell turmoil

[FT] Ukraine battles air defence shortage as Pentagon slows shipments

[FT] North Pacific and north Atlantic seas show record heat in August

Monday Evening Links

[CNBC] Stock futures are little changed after Nasdaq hits new record: Live updates

[Reuters] Gold rallies to record high above $3,600/oz as Fed rate cut bets firm

[Yahoo/Bloomberg] Senate Banking to Vote on Miran Fed Nomination Wednesday

[Yahoo/Reuters] Fed approaches Easy Street, political pots boil

[Yahoo/Bloomberg] Goldman CEO Solomon Says Rates Aren’t Too Restrictive in Contrast With Trump

[CNN] America’s housing market gained $20,000,000,000,000 in 5 years

[Yahoo/Reuters] US Farm Trade Deficit Widens to New Record as Imports Surge

[Politico] ‘I’m Gonna Punch You in Your F--king Face’: Scott Bessent Threatens an Administration Rival

[Bloomberg] US Consumer Borrowing Rises Most in Three Months on Credit Cards

[WSJ] White House Prepares Report Critical of Statistics Agency

[WSJ] Who Can Save France Now?

[WSJ] Trump-Style Populism Is Rising in Europe

Monday Afternoon Links

[CNBC] Nasdaq hits new record, S&P 500 rises ahead of inflation data this week: Live updates 

[AP] France’s prime minister loses confidence vote, toppling his government

[Gallup] Image of Capitalism Slips to 54% in U.S.

[Yahoo/Reuters] New York Fed finds consumers more worried about job market in August

[Yahoo/Bloomberg] US Chief Justice Lets Trump Oust FTC Commissioner for Now

[Yahoo/Reuters] Brazil's Lula calls for tighter trade ties for BRICS as tariffs bite

[Bloomberg] French Premier Bayrou to Resign After Losing Confidence Vote

[Bloomberg] Citadel’s Ubide Says US Economy Is in a ‘Fragile’ Equlibrium

[WSJ] Milei’s Election Setback Rattles Markets in Argentina

[FT] French PM François Bayrou loses confidence vote as turmoil deepens

[FT] Argentine markets slump after Milei loses badly in Buenos Aires

[FT] Shigeru Ishiba’s exit lays bare rifts within Japan’s ruling party

[FT] Beijing deals with a gathering of strongmen