Wednesday's News Links

[CNBC] Stocks rise after shaky session on mixed U.S. economic data: Live updates

[AP] Asian shares are mixed and oil prices jump as Trump orders a blockade of oil tankers to Venezuela

[Reuters] Oil rises over 1% as Trump's Venezuela blockade stokes uncertainty

[Axios] Trump orders oil tankers blockade in Venezuela, labels it a "terrorist" regime

[CNBC] Mortgage rates move higher after the Fed rate cut, causing loan demand to drop

[Yahoo/Reuters] Fed's Waller says monetary policy still in restrictive territory, Fed has room to cut

[Axios] Confidence in the economy hits four-year high for investors and executives

[CNBC] Tricolor executives charged with ‘systematic fraud’ after subprime auto lender roiled banking sector

[AP] Trump expands travel ban and restrictions to include an additional 20 countries

[Axios] Robinhood bets on the future of retail investing: betting

[Bloomberg] Oracle at Center of Tech’s $500 Billion AI-Fueled Rent Spree

[Bloomberg] K-Shaped US Economy Leaves Small Businesses Playing Catch-Up

[Bloomberg] Look around: Bubbles are everywhere.

[Bloomberg] A Record $184 Billion Bond Binge Stuns Latin America Bankers

[Bloomberg] US to Dismantle Key Research Agency, Advancing Attack on Climate

[Bloomberg] Vanke to Meet With Insurers, Banks in Shenzhen as Crisis Deepens

[NYT] Heating Costs Expected to Rise 9.2% This Winter

[NYT] Next Fed Chair in ‘No-Win Scenario’ as Selection Process Draws to a Close

[NYT] What Trump’s Embrace of Crypto Has Unleashed

[NYT] Trump Dangles Cash Payments to Buoy Voters’ Views of the Economy

[NYT] Does China Have a Robot Bubble?

[WSJ] Trump Orders Blockade of Sanctioned Oil Tankers in and out of Venezuela

[WSJ] Bank of Japan on Cusp of Raising Rates to Highest in 30 Years

[WSJ] For Ukraine’s Allies in Europe, a Bad Deal With Russia Is Worse Than No Deal

[FT] Oracle’s $10bn Michigan data centre in limbo after Blue Owl funding talks stall

[FT] JPMorgan pulls $350bn from Federal Reserve to buy up Treasuries

[FT] Inside Mark Zuckerberg’s turbulent bet on AI

[FT] Vladimir Putin predicts European ‘swine’ backing Ukraine will lose power

[FT] ‘World’s refrigerator’ runs hot and Arctic melt turns rivers orange

Tuesday Afternoon Links

[AP] Wall Street loses ground following mixed data on the economy

[AP] The US gained 64,000 jobs in November but lost 105,000 in October; unemployment rate at 4.6%

[Yahoo/Bloomberg] US Business Activity Growth Slows While Price Pressures Mount

[Yahoo Finance] November jobs report doesn’t change much for the Fed

[Bloomberg] Goldman, JPMorgan Are Selling Complex Crypto Products in New Era

[WSJ] Panama Ports Deal Hits Impasse as China Makes New Demands for Its Approval

[FT] Citadel chief Ken Griffin says White House must ‘distance’ itself from Fed

[Ft] Trump’s war on Europe

Tuesday's News Links

[CNBC] Stocks are flat after delayed job numbers show mixed picture: Live updates

[CNBC] Daily Open: Debt worries continue to weigh on AI-related stocks

[CNBC] Payrolls rose by 64,000 in November after falling by 105,000 in October, delayed jobs numbers show

[Yahoo/Reuters] US Treasury's Bessent: Kevin Warsh and Kevin Hassett both qualified for Fed

[Yahoo/Bloomberg] Biggest US Power Auction Set to Deepen Affordability Concerns

[Yahoo/Telegraph] World ‘blind’ to risks in booming $250tn shadow bank market

[AP] Zelenskyy says proposals to end the war in Ukraine could be presented to Russia within days

[Axios] Ukraine and U.S. divided over territory after intense negotiations

[Axios] China on track for massive population decline

[Bloomberg] Shadow Banks Cross $250 Trillion Mark as Watchdog Warns on Data

[Bloomberg] Oracle's $248 Billion Rent is Another AI ‘Bombshell’

[Bloomberg] US Retail Sales Stagnated on Drop in Motor Vehicle Purchases

[Bloomberg] Bessent Sees One or Two More Fed Chair Interviews This Week

[Bloomberg] The Biggest Leverage Risk Isn’t in the Market

[Bloomberg] LA Fires Push Insurers’ 2025 Disaster Losses to $107 Billion

[Bloomberg] Vanke Shares Set for Record Quarterly Drop as Debt Angst Builds

[NYT] Senators Investigate Role of A.I. Data Centers in Rising Electricity Costs

[NYT] Jobs Data Is Finally Back. But the Economic Picture Is Still Blurry.

[NYT] Ford Will Take $19.5 Billion Hit as It Rolls Back E.V. Plans

[WSJ] CoreWeave’s Staggering Fall From Market Grace Highlights AI Bubble Fears

[WSJ] After a Generation of Peace, Europe Tells Its People to Prepare for War

[FT] Banks’ asset growth outstripped by non-traditional institutions’

[FT] Mexico’s tariffs on China show the rise of Trump’s trade template

[FT] The ‘shockingly small’ circle shaping Donald Trump’s diplomatic efforts