Saturday's News Links

[Yahoo/Bloomberg] Trump Says Prefers Not to Strike Iran Even as Frustration Mounts

[Axios] The year that shook the Gulf

[AP] US warns shipping firms over paying Iran to transit the Strait of Hormuz

[AP] Spirit Airlines says it’s going out of business after 34 years and is ending operations immediately

[The Hill] Trump fumes as Jerome Powell plots future at Federal Reserve

[WSJ] After Months of Debating Rate Cuts, Fed Shifts Toward Mapping Out Hikes

[WSJ] High Housing Costs Are Pushing Foreclosures to a Six-Year High

[WSJ] Trump Orders the Withdrawal of 5,000 U.S. Troops From Germany

[WSJ] What the 1920s Can Teach Us About Surviving the AI Revolution

[WSJ] Iran War Gives U.S.’s Rivals a Real-Time Look at Its Firepower

[WSJ] China’s ‘Teapot’ Refiners, Targeted by U.S., Offer Financial Lifeline to Iran

[FT] US warns Europe of delays to arms shipments as Iran war drains stockpiles