Wednesday's News Links

[CNBC] S&P 500 little changed as oil ticks higher, traders await Fed rate decision: Live updates

[Yahoo/Bloomberg] Oil Selloff Deepens as Iran Deal Spurs Brent’s Fifth Daily Loss

[Yahoo/Bloomberg] US, Iran Prepare for Deal Signing as Financial Details Emerge

[Yahoo/Bloomberg] Iran to Gain Major Financial Relief Under Interim Deal With US

[CNBC] Trump says U.S. will ‘go right back to dropping bombs’ if he doesn’t like Iran deal

[CNBC] Fed meeting live updates: Here’s everything to expect from Kevin Warsh’s first rate decision

[AP] Warsh to face spotlight as Federal Reserve likely to leave interest rates unchanged

[Reuters] As oil roundtrips, AI booms, and US consumers spend, economists' Fed outlooks hit the extremes

[AP] Retail Sales up 0.9% in May as the weather improved and gasoline prices cooled

[CNBC] Mortgage rates are now falling but demand is still weaker

[Yahoo/Bloomberg] White House to Woo Wall Street Dealmakers With $400,000 DC Jobs

[Reuters] G7 leaders tackle reliance on China for critical minerals

[Yahoo/Bloomberg] China’s Central Bank Hints at Shift That Aligns It More With Fed

[Bloomberg] Warsh Has Potential to Spur Market Volatility, Fidelity Says

[Bloomberg] The Fed and ECB’s Rate Paths Look Confused

[Bloomberg] Gen-Z Traders Go for Broke in Pursuit of a New American Dream

[Bloomberg] ECB’s Lagarde Warns AI Is Huge Risk for Financial Stability

[Bloomberg] BOK Warns AI-Driven Bonus Windfalls May Stoke Broader Inflation

[NYT] What to Watch at the Federal Reserve’s June Meeting

[NYT] Beijing’s New Message to Its Citizens: Your Money Belongs at Home

[WSJ] Trump Picked Warsh to Cut Rates. His Committee Is Talking About Hikes.

[WSJ] The AI Boom’s Hunt for Cash Hits a New Corner of the Bond Market

[WSJ] Iran Is Returning to Nuclear Talks No Longer Afraid of America

[WSJ] China Moves to Boost the Use of Yuan Globally

[FT] Data centre deals attract billions despite geopolitical tensions

[FT] Top Japan executive sounds alarm over ‘endlessly’ investing in US

[FT] ‘Humiliation’: Donald Trump battles charge his Iran deal is worse than Obama’s

Tuesday Evening Links

[CNBC] Stock futures are little changed as Wall Street gears up for Federal Reserve rate decision: Live updates

[Yahoo/Reuters] As chair, Warsh finally has a chance to put stamp on Fed balance sheet

[CNBC] Fed Chair Warsh expected to withhold ‘dot’ from central bank’s interest rate outlook

[Axios] Breaking down the billions Iran could receive under Trump's deal

[Yahoo/Bloomberg] US, Iran Prepare for Deal Signing as Financial Details Emerge

[Bloomberg] Read the 14-Point Draft Memorandum Between the US and Iran

[Bloomberg] Why Restoring Normal Traffic Through Hormuz Won’t Be Easy

[Bloomberg] Bond Options Traders Split on Fed Rate Path as Warsh Era Begins

[Bloomberg] Private-Credit Defaults Match 2023 High in a KBRA Index

[Bloomberg] Citadel Securities Sees Risk of Fed Starting Hiking in September

Tuesday Afternoon Links

[CNBC] Dow jumps 400 points as oil drop fuels economy bets; Chip rollover knocks Nasdaq: Live updates

[Reuters] Oil prices fall 5% to 3-month low on hopes Strait of Hormuz will open

[Yahoo/Bloomberg] Gold Advances as Trump Touts Reopening of Hormuz This Week

[Yahoo/Reuters] US single-family housing starts slide to eight-month low; imported inflation increases sharply

[Bloomberg] US Import Prices Rise Most in Nearly Four Years on War, AI Boom

[Bloomberg] US-Iran Deal Set to Offer Iran Broad Financial Gains to End War

[Bloomberg] Debt Chiefs Tout Benefits of Hedge Fund Growth in Bond Markets

[FT] The White House’s capricious controls on Anthropic