Wednesday's News Links

[CNBC] Stocks rise after tame inflation data; AI-related shares jump: Live updates

[Reuters] Global stocks hold gains after in-line US CPI

[CNBC] Consumer prices rose 0.1% in July, as expected, putting the annual rate at 3.4%

[CNBC] Mortgage rates finally stop rising, causing demand to trickle back

[Reuters] New attacks on shipping as Iran war talks hit fresh impasse

[Reuters] Boston Fed's Collins open to interest rate increase in September, FT says

[Yahoo/Reuters] Bank of America pledges $250 billion for US infrastructure financing

[Yahoo/Bloomberg] World-Beating Rand Carry Lures Traders to South African Bonds

[AP] Putin threatens retaliation for Western seizures of Russian commercial vessels

[Bloomberg] Iran Takes More Aggressive Military Stance With US Talks Frozen

[Reuters] Iran says no progress on reviving interim peace deal with US

[Bloomberg] Bessent-Takaichi Split on BOJ Risks Undermining Joint Yen Rescue

[Bloomberg] Korea’s 30-Year Bond Yield Hits Record on Oil, Rate Hike Bets

[Bloomberg] Iranian Factions Squabble Over War Aims With Khamenei Absent

[WSJ] Hormuz Standoff Derails Oil Supply Recovery and Deepens Demand Slump, IEA Says

[WSJ] Why Wall Street and Nvidia Are Building an Exotic Money Pipeline for the AI Boom

[FT] How a bad trade pushed a US mortgage giant into a $2bn lifeline

[FT] Poorer Americans are struggling to make ‘ends meet’, top Fed official says

[FT] Panama Canal fees hit record high as El Niño and Iran war choke shipping

[FT] China’s great jobs squeeze

[FT] China-linked hackers hit Taiwan in unprecedented ‘autonomous’ AI cyber attack

Tuesday Evening Links

[CNBC] Stock futures are little changed ahead of Wednesday’s big inflation report: Live updates

[Yahoo/Reuters] Wall Street falls as US-Iran peace optimism fades

[Reuters] Wall Street ends down as US-Iran peace optimism fades

[AP] Live updates: US fires on ships it claims are trying to break its blockade of Iranian ports

[Reuters] Hormuz to stay closed unless US meets Iran's conditions, Iran official says

[AP] Iranian-backed Houthis kill 6 in attack on vessel, and other developments in the Mideast

[Yahoo/Bloomberg] Citadel Securities Says Prepare for a Reload on Levered Stock Bets

[Reuters] Zelenskiy: Ukraine has given US negotiators proposals for ending the war with Russia

[Bloomberg] Nvidia’s Show of Financial Force Soothes Jittery Credit Markets

[Bloomberg] US Sees Iran War Oil Supply Disruptions Lasting Through 2027

[Bloomberg] Brazil Assets Slide as Election Worries Start to Grip Investors

[NYT] How Iran Adapted Its Attacks as U.S. War Munitions Dwindled

[WSJ] Iran Is Defying U.S. Pressure by Becoming a ‘Survival Economy’

Tuesday Afternoon Links

[CNBC] S&P 500 falls into the red as unraveling Iran situation overhangs market: Live updates

[AP] US existing homes fall 1.7% in July as record prices, high mortgage rates stifle would be-buyers

[Reuters] Auto loans hit record high and some other consumer debt rising, New York Fed says

[CNBC] Credit card debt climbs to $1.26 trillion as ‘K-shaped’ divide persists, New York Fed research finds

[Axios] Why "chipflation" is here to stay

[Bloomberg] Nvidia Credit Risk Eases After CEO Clarifies $500 Billion Plan

[Bloomberg] Chicago Mayor Demands Data Center Moratorium After Backlash

[Bloomberg] Key US Munitions Are ‘Dangerously Low,’ Bloomberg Economics Says

[NYT] The Perils of Wall St.’s Race to Pour Billions More Into A.I.

[WSJ] Behind High Credit-Card Delinquencies: Stale, Charged-Off Loans