Thursday's News Links

[Yahoo/Bloomberg] Gold Holds Five-Day Rally on Fed Cut Bets, US Shutdown Concerns

[CNBC] S&P 500 rises as investors look past government shutdown: Live updates

[Yahoo/Bloomberg] Goldman Sachs Sees More Upside for Gold on Private Interest

[AP] The federal shutdown will cut off vital economic data, including Friday’s jobs report

[CNBC] Trump touts shutdown as ‘unprecedented opportunity’ to cut ‘Democrat Agencies’

[Reuters] White House freezes funds for Democratic states in shutdown slap

[Yahoo/Bloomberg] Trump’s $7.6 Billion Energy Cuts Hit California Grid Upgrade

[Axios] DOE ends billions in clean-energy awards after Vought post

[Reuters] US layoffs fall in September but year-to-date planned hiring at lowest in 16 years

[CNBC] Corporate borrowers face funding trade-off as PIMCO flags debt market ‘cracks’

[Axios] Axios Vibes: Grocery price pain rises, in warning sign for Trump and GOP

[Reuters] US memo to colleges proposes terms on ideology, foreign enrollment for federal funds

[Yahoo/Bloomberg] The Party That Ruled Japan for Decades Is in Danger of Crumbling

[Yahoo/Bloomberg] EU to Propose Doubling Tariff Rate on Steel Imports to 50%

[AP] France urges tougher action against Russia, saying drones should be shot down and oil ships stopped

[Bloomberg] Trump to Talk Federal Job Cuts With White House Budget Chief

[Bloomberg] Japan’s Sleepy $8 Trillion Bond Market Wakes Up as Yields Climb

[Bloomberg] The Mysterious Billionaire Boss at Jane Street Smashing Trading Records

[Bloomberg] Zombie Summer in October Hangs Over Much of the US Heartland

[NYT] Fed’s Independence Remains at Risk Despite Temporary Legal Victory

[NYT] The Consequences of Trump’s Setback at the Fed

[NYT] New Tariffs Could Worsen America’s Housing Crisis

[WSJ] Trump to Meet With Budget Chief to Discuss Cuts to Agencies

[WSJ] The Health Insurance Subsidies at the Center of the Government Shutdown Fight

[WSJ] Trump’s Budget Chief, Slayer of Big Government, Moves Quickly in Shutdown

[WSJ] The Supreme Court Just Became the Last Line of Defense for Fed Independence

[WSJ] OpenAI Valuation Hits $500 Billion While Altman Signs More Deals in Asia

[WSJ] In a Sea of Tech Talent, Companies Can’t Find the Workers They Want

[WSJ] White House Asks Colleges to Sign Sweeping Agreement to Get Funding Advantage

[WSJ] U.S. to Provide Ukraine With Intelligence for Missile Strikes Deep Inside Russia

[WSJ] France Detains Russian ‘Shadow Fleet’ Tanker Suspected in Drone Attack

[FT] ‘No winners here’: US politicians in blame game over shutdown

Wednesday Evening Links

[AP] Gold prices soar to new records amid US government shutdown

[CNBC] Stock futures are little changed as investors look past government shutdown: Live updates

[Axios] White House to begin firing federal workers within a "day or two"

[AP] Federal shutdown cuts off economic data vital to policymakers and investors

[AP] A prolonged US government shutdown could impact your travel plans

[AP] Macron says a tanker off France is linked to Russia’s shadow oil fleet

[Bloomberg] Chicago Fed President Says Lack of Data During Shutdown Is ‘Problematic’ For Central Bankers

[Bloomberg] Bessent’s Argentina Rescue Pledge Put to Test by Traders Attacking Peso

[Bloomberg] Largest US Grid Costs Rose $7.3 Billion Due to Data Centers

[Bloomberg] The Party That Ruled Japan for Decades Is in Danger of Crumbling

[NYT] White House Uses Shutdown to Maximize Pain and Punish Political Foes

[WSJ] White House, Lawmakers Float Ideas for Ending Government Shutdown

[WSJ] America’s Pharmacist in Chief

[WSJ] China Is Winning the Race for AI Robots

[FT] Argentine assets hit by fresh selling amid worries over US bailout

Wednesday Afternoon Links

[CNBC] S&P 500 rises to new record, reversing earlier losses as traders bet on short-lived shutdown: Live updates

[CNBC] Government shutdown live updates: Vance says layoffs coming if shutdown continues

[Axios] How long past government shutdowns have lasted

[Yahoo Finance] How Trump could use a government shutdown to turbocharge his economic agenda

[Yahoo/Reuters] US government shutdown negative for credit rating, Europe's Scope warns

[AP] Supreme Court lets Lisa Cook remain as a Federal Reserve governor for now

[Bloomberg] BofA Surprised by September’s Record Corporate-Bond Binge

[Bloomberg] Finance Firm Raistone Cuts Workers After First Brands Collapse

[Bloomberg] First Brands Lenders Put Up $4.4 Billion to Avert Liquidation

[Bloomberg] US Manufacturing Activity Contracts for Seventh Straight Month

[Bloomberg] How Trump, Data Centers and Pricey Gas Are Fueling a US Coal Revival

[Bloomberg] Italy Budget Draft Puts Deficit at EU’s 3% Limit Already in 2025

[WSJ] What to Expect From the Federal Government Shutdown

[WSJ] Trump Administration Freezes $18 Billion in NYC Infrastructure Funds

[WSJ] Trump Keeps Blurring the Line Between Capitalism and Socialism

[WSJ] Will Europe Admit It’s at War?