Thursday's News Links

[CNBC] Stocks climb as investors jump back into tech stocks following rate cut: Live updates

[CNBC] Intel surges 30% as Nvidia to invest $5 billion in chipmaker, co-develop data center and PC chips

[Yahoo/Bloomberg] China’s Showcase of AI Chip Prowess Triggers $240 Billion Rally

[AP] US jobless aid applications retreat to 231,000 after surging to nearly 4-year high a week earlier

[AP] Federal Reserve shows unexpected unity, independence as it weathers Trump’s attacks

[Yahoo/Reuters] Miran's Fed dissent makes a splash, fails to sway the outcome

[Axios] Fed meeting hints at new future of the central bank

[Yahoo/Reuters] Bank of England slows pace of bond rundown and keeps rates on hold

[AP] Strikes and protests roil France, pitting the streets against Macron and his new prime minister

[Yahoo/Bloomberg] Disney Pulls ‘Kimmel Live’ Over Host’s Kirk Remarks

[Axios] Media's MAGA makeover

[Reuters] China's DeepSeek says its hit AI model cost just $294,000 to train

[Axios] Amodei on AI: "There's a 25% chance that things go really, really badly"

[Bloomberg] Dudley: The Three Takeaways From the Fed’s Interest Rate Decision

[Bloomberg] Summers Says Fed Policy ‘On the Loose Side,’ Inflation Top Issue

[Bloomberg] Powell Rallies Fed Colleagues as Economic, Political Risks Grow

[Bloomberg] The Bond Market Won't Like These Fed Rate Cuts

[Bloomberg] Spencer Cox Is a Lonely Voice in an Age of Rage

[Bloomberg] China Banks Amped Up $10 Trillion Bond Bet Just as Market Peaked

[Bloomberg] Huawei Unveils New AI Chip Tech to Challenge Nvidia’s Dominance

[Bloomberg] China’s Defense Minister Warns on Taiwan, Condemns ‘Bullying’

[Bloomberg] Why Is China Stockpiling So Much Oil?

[Bloomberg] Global Water Cycle ‘Erratic’ in 2024, Leading to Floods, Drought

[NYT] ABC Pulls Jimmy Kimmel Off Air for Charlie Kirk Comments After F.C.C. Pressure

[NYT] Russia, China and Iran Use Kirk’s Murder to Stoke Conspiracy Theories and Division

[WSJ] Powell’s Last Stand: Balancing a Tricky Economy and Intense Political Pressure

[WSJ] What Decides Where Mortgage Rates Go From Here

[WSJ] Inside the Room Where CEOs Say What They Really Think of Trump’s Policies

[WSJ] Huawei Unveils AI Chip Pipeline as Tech Rivalry Heats Up

[WSJ] China Hardens Military Stance Against U.S. With Nuclear Weapons and Tough Talk

[FT] Trump tariffs could fund bailout for US farmers, says agriculture secretary

[FT] BoE holds interest rates at 4% and slows ‘quantitative tightening’

[FT] BoE signals crackdown on offshore reinsurance risk in pensions

Wednesday Evening Links

[AP] Stock futures are up slightly following latest Fed decision: Live updates

[AP] Federal Reserve cuts key rate for first time this year

[Yahoo/Reuters] No big push for a larger rate cut, Fed's Powell says

[Yahoo/Reuters] Fed's Powell explains how central bank moderate rates mandate works

[CBS] Homeowners insurance costs have shot up 70% since 2021. Here's why.

[Yahoo/Reuters] Moody's flags risk in Oracle's $300 billion of recently signed AI contracts

[WSJ] It’s Trump’s Federal Reserve Now

[WSJ] Fed Lowers Rates by Quarter-Point, Signals More Cuts Are Likely

[FT] Federal Reserve cuts rates by quarter point and signals more to come

Wednesday Afternoon Links

[CNBC] Dow jumps 400 points as Fed lowers rates and forecasts two more cuts this year: Live updates

[CNBC] Fed approves quarter-point interest rate cut and sees two more coming this year

[CNBC] Here’s what changed in the new Fed statement

[Axios] Why everybody's talking about the Fed's "third mandate"

[Yahoo/Reuters] Trump attacks on Fed threaten US stability and prosperity, Bundesbank warns

[WSJ] Fed Cuts Rates by Quarter Point and Signals More Are Likely

[FT] Federal Reserve cuts interest rates by quarter point