Friday's News Links

[CNBC] S&P 500 rises as Intel soars, investors bet on Iran talks restarting: Live updates

[Reuters] World stocks, oil on edge as US-Iran deadlock weighs

[Yahoo/Bloomberg] Oil Eases After Pakistan Says US-Iran Peace Talks Are Expected

[Yahoo/Bloomberg] Global Bonds Set for Worst Week in a Month as US-Iran Risks Rise

[AP] Live updates: Top Iran diplomat set to travel to Pakistan for talks on ceasefire with US

[Yahoo/Bloomberg] World Inflation Scare Is Coming as Chinese Exporters Lift Prices

[Yahoo/Bloomberg] Goldman Says Persian Gulf Oil Supply 57% Below Pre-War Level

[Axios] Trump's oil export surge — and ceiling

[Axios] Why Gulf countries are seeking dollar help

[AP] Analysis: The US protected ships from Iran in the Strait of Hormuz in the ‘80s. Could it again?

[Yahoo/Bloomberg] Collapsing Volatility Turbocharges Returns in Carry Trades

[Yahoo/Reuters] Up, or down? War scrambles financial markets' signalling efforts

[Reuters] Exclusive: Pentagon email floats suspending Spain from NATO, other steps over Iran rift, source says

[Yahoo/Reuters] China's DeepSeek returns with new model, a year after viral rise

[Yahoo/Bloomberg] EU Opens Door to Talks With Ukraine on Next Membership Steps

[Bloomberg] ‘Bubble’ Signal Flagged by BofA as Tech Stocks, Volatility Soar

[Bloomberg] Authers: The Shape of a Deal to Come

[Bloomberg] Wheat at Highest Since 2024 as Drought Stokes Food Inflation

[Bloomberg] Hegseth Accuses Europe, Asia of ‘Freeriding’ Over Hormuz

[Bloomberg] Japan Consumer Inflation Picks Up as Mideast War Fuels Energy Costs

[Bloomberg] China Hit Brakes on Fiscal Stimulus as Economy Holds Up Amid War

[Bloomberg] Chinese Satellites Over Mideast Battlefield Put U.S. on Edge

[Bloomberg] India Condemns Trump Social Media Post Calling Nation ‘Hellhole’

[Bloomberg] Climate Change Is Already Showing Up in the Cost of Living

[NYT] Companies, Not Consumers, to Cash In Big From Tariff Refunds

[NYT] Iran War Has Drained U.S. Supplies of Critical, Costly Weapons

[NYT] War and Sanctions Accelerate China’s Currency Push

[WSJ] Oracle’s Deluge of AI Debt Pushes Wall Street to the Limit

[WSJ] The Arbitrage Trade That’s Making Private-Credit Withdrawals Worse

[WSJ] German Business Sentiment Collapses to Lowest Since 2020 as War Hits Outlook

[FT] Tett: Under Warsh, the Fed could embrace Bessent’s geoeconomic agenda

[FT] The limits on Scott Bessent’s Treasury swap lines for allies

[FT] Trump and China vie for influence in Latin America

[FT] Goldman Sachs leads record renminbi borrowing by US banks

[FT] P&G warns of $1bn hit from Iran war after failing to hedge oil exposure

Thursday Evening Links

[CNBC] Stock futures are little changed after Trump announces 3-week extension to Israel-Lebanon ceasefire: Live updates

[Reuters] Crude oil futures jump on reports of air attacks, Iran power struggle

[AP] Meta slashes 8,000 jobs, or 10% of its workforce, as Microsoft offers buyouts

[AP] Live updates: Israel and Lebanon agree to extend ceasefire by 3 weeks, Trump says

[Yahoo/Bloomberg] US-Iran Tensions Build Over Hormuz as Peace Talks Stall

[Yahoo/Bloomberg] Shale Bosses Lament Iran War ‘Chaos’ Engulfing Oil Market

[Bloomberg] Trump Attack Order Highlights Danger of Iran’s ‘Mosquito Fleet’

[Bloomberg] EU Warns Trade Deal With US at Risk Over Effort to Strengthen It

[WSJ] The Trump Tariffs Keep Coming

Thursday Afternoon Links

[CNBC] Stocks retreat from records as software shares slump, oil jumps: Live updates

[AP] Live updates: Trump orders US military to ‘shoot and kill’ Iranian small boats choking Strait of Hormuz

[Axios] Iran deploys more mines in the Strait of Hormuz, sources say

[CNBC] U.S.-Iran war evolves into naval standoff over Strait of Hormuz after both countries seize ships

[Reuters] Iran fast-boat swarms add to Hormuz threats for shipping

[AP] Southern US wildfires force residents to flee, leaving them unsure if their homes are standing

[Bloomberg] US Business Activity Expands While Prices Rise Most Since 2022

[WSJ] U.S. Airlines Raise Fares, Trim Capacity for Summer as Fuel Costs Jump

[WSJ] Canada’s Carney Says He’s Prepared to Wait on Trade Talks Until U.S. Addresses ‘Irritants’

[FT] White House accuses China of ‘industrial-scale’ theft of AI technology