Thursday's News Links

[CNBC] Stocks gain as traders bet August inflation increase won’t derail Fed rate cut next week: Live updates

[Yahoo/Bloomberg] Oil Holds Three-Day Gain With Trump’s Next Russia Move In Focus 

[Reuters] Rising G7 debt back at centre of bond market storm

[AP] US inflation worsened last month as the cost of gas, food and airfares jumped

[Axios] Inflation heats up in August as Trump tariffs ripple across economy

[AP] The number of Americans filing for jobless benefits last week hits 263,000, most in nearly 4 years

[Reuters] Death of Charlie Kirk lays bare deep US political divisions

[CNBC] Manhunt for Charlie Kirk shooter expands after two people detained had no links to killing, FBI says

[Axios] Charlie Kirk killing deepens America's violent spiral

[Reuters] Nation on edge: Experts warn of “vicious spiral" in political violence after Kirk killing

[AP] Trump takes one step back and another forward in his attempt to reshape the Fed

[Yahoo/Reuters] Goldman set to see busiest IPO week in over four years, CEO Solomon tells CNBC

[Politico] A new dark normal of political violence still shocks the nation

[AP] European Central Bank leaves rates unchanged as economy weathers Trump’s tariffs

[Politico] EU’s richest countries hold secret meeting in Vienna as budget talks get tribal

[Yahoo/Bloomberg] Top Beijing Adviser Says China Should Ditch Nvidia For Own Tech

[Reuters] BOJ signals final phase of Ueda's stimulus unwind - selling ETFs

[Yahoo/Reuters] Ray Dalio suggests gold as shield for US markets at risk of heart attack

[Bloomberg] South Korea’s Lee Warns US Immigration Raid May Hit Investment

[Bloomberg] Subprime Auto Lender Collapse Delivers Blow to Risky Debt Market

[Bloomberg] How the Last Two Weeks Shook the World Order

[Bloomberg] China Mulls Helping Local Governments With $1 Trillion of Bills

[Bloomberg] What Are Snowball Derivatives, and What Happens When They Melt?

[NYT] In South Korea and Japan, Fury at U.S. Fuels Backlash Over Trade Deals

[WSJ] The American Farmers China Is Using as a Trade-War Bargaining Chip

[WSJ] Political Violence Has Become a Terrifying Fact of American Life

[FT] Charlie Kirk’s killing and the ‘despicable violence’ of US politics

[FT] Trump halted deportation of Korean workers to encourage them to train Americans

[FT] Japan confronts the increased price of US friendship

[FT] Macron’s fixer sent to tackle political quagmire

[FT] Xi’s new world order won’t run the global economy just yet

Wednesday Evening Links

[CNBC] Stock futures are little changed ahead of closely watched inflation data: Live updates

[Yahoo/Bloomberg] Oil Climbs as Trump Questions Russia’s Incursion Into Poland

[Axios] Charlie Kirk, MAGA influencer and Turning Point USA co-founder, killed at 31

[Politico] Germany’s Merz says Putin deliberately targeted NATO

[Bloomberg] Poland Seeks More Allied Air Defense After Russian Drone Strike

[Bloomberg] Can Trump Really Fire Fed Governor Cook? Here’s What the Law Says

[NYT] Trump’s Economic Agenda Hinges on the Supreme Court’s Tariff Ruling

[WSJ] Trump Weighs In on Russian Drone NATO Incursion, but Doesn’t Condemn It

[WSJ] Putin Taunts Trump and NATO

[WSJ] Fed Independence Goes to Court

[WSJ] U.S. Population Growth Will Slow Even More, CBO Says

[WSJ] Mexico to Impose Import Tariffs to Bolster Industry

Wednesday Afternoon Links

[CNBC] S&P 500 jumps to new record on encouraging inflation reading, Oracle stock surge: Live updates

[Yahoo/Reuters] Oil Climbs as Trump Questions Russia’s Incursion Into Poland 

[CNBC] Mortgage demand jumps to the highest level in three years, as interest rates drop sharply

[CNBC] Trump Fed nominee Stephen Miran advanced by Senate Banking committee, tees up final vote

[Bloomberg] Bond-Market Bets on Deep Fed Cuts at Risk From a Hot CPI Reading

[WSJ] The Bizarre Sprint Ahead of Next Week’s Fed Meeting

[WSJ] Trump Pressed EU for Tariffs on China, India in Russia Sanctions Talks

[WSJ] NATO Planes Shoot Down Russian Drones Deep Inside Poland

[WSJ] Tariff Case Could Give Trump Massive New Fiscal Powers

[WSJ] What Alexander Hamilton Would Think of Today’s National Debt

[FT] JPMorgan and Fifth Third face losses tied to collapsed subprime car lender

[FT] Mexico to slap 50% tariff on Chinese cars under US pressure

Wednesday's News Links

[CNBC] S&P 500 jumps after encouraging inflation update, Oracle stock surge: Live updates

[CNBC] Wholesale prices unexpectedly declined 0.1% in August, as Fed rate decision looms

[BBC Live] Polish armed forces say Russian drones shot down in its airspace

[Yahoo/Bloomberg] Poland Shoots Down Russian Drones After Airspace Violation

[AP] Court rules Lisa Cook can remain a Fed governor for now while fighting Trump’s attempt to fire her

[Yahoo/Bloomberg] Trump Can’t Fire Fed Governor Lisa Cook for Now, Judge Says

[Yahoo/Bloomberg] Trump Floats New Tariffs on China, India to Squeeze Russia

[Yahoo/Reuters] US 30-year mortgage rate slides to 11-month low, MBA data shows

[Axios] Young America faces an economic crisis

[Axios] "The Axios Show" exclusive: Lutnick says U.S. should take a chunk of universities' patent revenue

[AP] Trump is upsetting the US allies needed to counter China

[Axios] Trump warns thousands of pharma companies over "deceptive ads"

[AP] France’s finances are in turmoil. Here’s how it came to this

[AP] What to know about the Israeli strike aimed at Hamas leaders in Qatar

[Axios] Poland's military says it's shot down Russian drones in its airspace

[Reuters] Protesters in France bid to 'Block Everything', scores arrested

[CNBC] China’s consumer prices fall more than expected in August as deflation woes persist

[Bloomberg] Five Lessons From Putin’s Reckless Polish Drone Strike

[Bloomberg] Poland Deploys Jets, Shuts Warsaw Airport Over Russia Drones

[Bloomberg] Will the Fed’s Independence Survive the Supreme Court?

[Bloomberg] Carlyle Warns of Blurred Treasury, Fed Roles as Rate Cuts Loom

[Bloomberg] Repo Market Strains Return as Bank of Canada Winds Down QT

[Bloomberg] China’s Consumer Inflation Dips Below Zero as Demand Weakens

[NYT] Inside Lutnick's Department of Deal-making

[WSJ] Judge Blocks Trump From Removing Fed Governor Lisa Cook

[WSJ] Health Insurance Costs for Businesses to Rise by Most in 15 Years

[WSJ] The Fed Official Who Called the Jobs Slowdown and Became a Candidate for Chair

[WSJ] China’s Deflationary Woes Continue Unabated

[WSJ] Inside Israel’s Audacious Airstrike on Hamas Leaders in Qatar, a U.S. Ally

[WSJ] Two Presidents, One Assassination Plot: Brazil’s Trial of the Century

[FT] Poland shoots down Russian drones

[FT] Why is AI struggling to discover new drugs?

[FT] How worried should we be about the crypto crush?

[FT] Chinese government bond yields rise to 2025 high