Monday's News Links

[CNBC] S&P 500 rises to start the week as traders weigh Iran deal progress; Micron climbs: Live updates

[Reuters] Stocks steady, oil falls as Iran peace talks progress

[Yahoo/Bloomberg] Oil Declines After US-Iran Peace Talks Show Signs of Progress

[Yahoo/Bloomberg] US and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz Open

[CNBC] Shipping stalls in Strait of Hormuz after Iran declares key waterway closed again

[Axios] Iran to allow UN nuclear inspectors back in, Vance says

[Yahoo/Bloomberg] Starmer Quits and Sets Out Plan for New UK PM by September

[Axios] Data centers become the face of AI backlash

[Yahoo/Bloomberg] Alan Greenspan, Who Led Fed During Boom Before 2008 Bust, Dies at 100

[Bloomberg] Treasuries Decline as Trump’s Iran Threats Stoke Inflation Fears

[Bloomberg] SpaceX Bankers Kick Off Marketing for Debut High-Grade Bond Sale

[Bloomberg] What Climate Change Costs You at the Checkout

[Bloomberg] China’s Gold Imports Surge to Most in More Than Two Years

[Bloomberg] Japan’s Takaichi Signals Acceptance of BOJ’s Latest Rate Hike

[Bloomberg] China Warns of Fragmented Supply Chains as Trade Tensions Grow

[Bloomberg] Korea Markets Chief Regrets Allowing Single-Stock Leveraged ETFs

[NYT] China Tightens Rare Earth Grip on U.S. Firms, Threatening Trade Clash

[WSJ] What’s the State of Play in the Strait of Hormuz?

[WSJ] Iran Mediators Offer Plan to Ease Lebanon, Hormuz Tensions

[WSJ] China Slaps Restrictions on Dozens of U.S. Companies

[WSJ] Rising Trucking Rates Drive U.S. Companies Back to the Railroad

[WSJ] In Washington and Around the World, Alliances Are Rapidly Fraying

[WSJ] Alan Greenspan, Influential Fed Chairman Whose Legacy Was Dimmed by the Financial Crisis, Dies at 100

[WSJ] Colombia Elects Hardline Populist Who Vows War on Cocaine Gangs

[FT] Keir Starmer steps down as UK prime minister

[FT] Hundreds of ships wait outside Gulf for full opening of Hormuz Strait

[FT] China restricts trading with some US rare earth companies

[FT] America’s allies look to declare independence from the US

Sunday Evening Links

[CNBC] Stock futures fall as oil prices rise; investors await key reading on inflation: Live updates

[Yahoo/Bloomberg] Oil Climbs After Fresh Trump Threat as US-Iran Peace Talks Begin

[Axios] Inside U.S.-Iran talks in Switzerland

[AP] US-Iran negotiations expected through the night after Trump shakes talks with threats

[Yahoo/Bloomberg] US, Iran Meet in Switzerland as Trump Threat Angers Tehran

[AP] Heat, wind and drought conditions spark wildfires in US West

[Bloomberg] Oil Climbs, US Futures Dip on Tense US-Iran Talks: Markets Wrap

[Bloomberg] BOJ Dissent by Takaichi’s Pick Highlights Case for Faster Hikes

[Bloomberg] Warsh Fed Era Heralds a New Trial for Asian Currencies

[Bloomberg] Hormuz Transit Security Is ‘Hour to Hour’ Play, Chubb CEO Says

[NYT] What Changed After Almost Four Months of War? Analysts Say Not Much.

[WSJ] Iran Says It Is Pausing Talks After Trump Threats

[WSJ] See the Global Chokepoints That Carry Much of the World’s Trade

[WSJ] Russia Faces Spreading Fuel Shortages After Ukrainian Drones Pummel Refineries

[FT] Kevin Warsh’s push to axe Fed guidance may lift US borrowing costs, investors warn

Sunday's News Links

[Reuters] Iran's Tasnim news agency says Hormuz will not reopen until Lebanon ceasefire holds, oil waivers issued

[Reuters] Trump says US will resume attacks if Iran does not restrain Hezbollah allies

[Axios] U.S. and Iran launch direct negotiations in Switzerland

[Yahoo/Bloomberg] Oil Keeps Flowing Through Hormuz Despite Iran Saying It’s Shut

[CNBC] ‘Regime change but in a velvet glove’: How Kevin Warsh has set out to remake the Fed

[AP] Starmer is on the precipice as pressure builds for the UK leader to resign

[Politico] Russian-occupied Crimea cuts off civilian fuel sales after Ukrainian strikes

[Bloomberg] Fed’s Favorite Gauge Is Seen Showing Faster Inflation

[Bloomberg] A Stock Trader’s Guide to Navigating a Rare ‘Super El Niño’

[WSJ] Trump Threatens to Strike Iran Over Hezbollah as Lebanon Snarls Talks

[WSJ] All the Money Flooding Into AI Is a Giant Warning Sign

[WSJ] The Memory-Chip Crisis Is Here—and You’re Footing the Bill

[WSJ] See How Owning a Home Is Getting More Expensive in Every Way

[WSJ] The U.S. Is Ramping Up Economic Warfare. Its Enemies Aren’t Blinking.

[FT] Vladimir Putin’s war machine sputters in drone age