Thursday Afternoon Links

[CNBC] S&P 500 is little changed as traders weigh rising yields against optimism over Strait of Hormuz reopening: Live updates

[Yahoo/Reuters] Global bond selloff deepens, as US 30-year yields hit highest since 2004

[Reuters] US and Iran discuss phased deal to reopen Hormuz and end US blockade, sources say

[Axios] AI's never-before-seen capital grab

[CNBC] Big business warns Trump against diesel export ban in joint letter

[Yahoo/Reuters] US new home sales jump to eight-month high in August

[Yahoo/Reuters] Fed's Paulson says more rate hikes may be needed to quash inflation

[Bloomberg] Xi Presses Trump to ‘Oppose’ Taiwan Independence During Summit

[Bloomberg] Texas Attorney General Probes Data Center Projects Over Water Usage

[NYT] Trump Struggles to Find Leverage With Xi Over Chinese Exports

[WSJ] Trump’s Summit With Xi Gets Started With Pomp and Pageantry

[WSJ] War Throttles Black Sea Grain Exports, Threatening Food Supplies

[FT] Oracle feels the force