Friday's News Links

[CNBC] Stocks higher Friday, with Nasdaq closing out the month up 8%: Live updates

[Yahoo/Bloomberg] Samsung, SK Rally Sparks Forced Selling as Funds Hit Limits

[Yahoo/Bloomberg] Oil falls over 1% on reports of potential US-Iran ceasefire deal

[Reuters] Global bonds take wild ride in May as Iran war shocks market

[AP] US and Iranian negotiators reach tentative deal to extend ceasefire and start new nuclear talks

[Reuters] Trump's room to maneuver narrows as US, Iran close in on framework deal

[Yahoo/Bloomberg] US, Iran Agree to 60-Day Truce Renewal Pending Trump Signoff

[Yahoo/Reuters] Fed's Schmid warns against viewing oil shock as transitory

[Yahoo/Reuters] Unrealised losses at US private credit lenders deepen

[MSN/Fortune] Interest on the national debt is eating a record 19% of federal revenue - and watchdog warns it will get worse

[AP] Tomatoes become latest symbol of America’s affordability squeeze

[Axios] AI billionaires brace for pitchforks

[CNBC] The wealthiest investors are pulling money out of the U.S. in the ‘de-dollarization’ trade

[Yahoo/Bloomberg] EU Warns Trade Relationship With China Is ‘Not Sustainable’

[Yahoo/Reuters] Japan spent $73 billion in yen-buying intervention, ministry data shows

[Bloomberg] Ships Attacked in Strait of Hormuz This Week, Chevron CEO Says

[Bloomberg] Texas Has a Water Crisis. Its Response Is a Disaster

[Bloomberg] Aggressive Asia Hikes Show Few Signs of Stabilizing Currencies

[Bloomberg] Japan’s Two-Year Bond Yield Rises After Lukewarm Auction

[NYT] Treasury Prepares to Make Trump the Face of a New $250 Bill

[NYT] Europe is Edging Closer to a Trade War With China. Here’s Why.

[WSJ] Corporate America Is Starting to Ration AI as Cost Skyrockets

[WSJ] AI Has Made Memory Chips More Valuable Than Oil

[WSJ] Big Banks Are Raking In Profits as Market Turbulence Shows No Signs of Easing

[WSJ] Americans Are Falling Behind on Their $1.25 Trillion Credit-Card Bill

[WSJ] Fed’s Bowman Wary of Reacting to Short-Term Energy Inflation

[WSJ] The Record Divide Between Corporate Profits and Worker Pay

[WSJ] Real-Estate Agents Are Quitting the Slow Housing Market

[FT] What are Donald Trump’s military options in Cuba?

[FT] Why South Korea’s won is falling despite a chip export earnings bonanza

[FT] Disney says US regulator aims to ‘suppress speech’ with licence review

[FT] Russian drone hits apartment building in Romania