Friday's News Links

[CNBC] S&P 500 is little changed, heads for third straight winning week: Live updates

[Yahoo/Reuters] Oil steadies after US threatens indefinite blockade of Iran

[CNBC] 10-year Treasury yield is little changed after weak retail sales data

[AP] Retail sales unexpectedly fall in July as government tax refunds fade

[AP] 2 UAE tankers attacked while transiting Strait of Hormuz, and other news from the Middle East

[CNBC] U.S. to use economic tactics on Iran ‘that have never been seen’; Navy works to relieve troubled carrier USS Abraham Lincoln

[Yahoo/Bloomberg] US to Roll Out ‘Economic Isolation’ Plan for Iran Next Week

[Yahoo/Reuters] Analysis-AI-driven surge in bond yields could be next risk for markets and growth

[Yahoo/Bloomberg] ‘FOMO Insurance’ Drives Options Buying Spree as Stocks Rally On

[Reuters] Hormuz shipping traffic capped amid competing claims from US and Iran

[Yahoo/Bloomberg] Panama Canal Traffic Spurs $4.6 Million Payment for a Crossing

[AP] Ukrainian drones strike a major refinery deep inside Russia, setting it ablaze

[Bloomberg] China’s Record Loan Slump Extends to Another Month With New Drop

[Bloomberg] Ukraine Says Black Sea Port Closures May Halve Farm Exports

[Bloomberg] Moody’s Says Heat, Water Scarcity Driving Stranded-Asset Risks

[WSJ] NATO Jet Downs Drone as Concerns Grow Over Russia Threat

[WSJ] See the Battlefield Innovations Reshaping the Russia-Ukraine War

[FT] The Treasury market’s toxic codependency

[FT] Hyperscaler AI borrowing binge shakes up foreign credit markets

[FT] OpenAI and Anthropic in price war as Chinese AI rivals gain ground

[FT] Jane Street has paid up large to avoid its numbers leaking out

[FT] AI frenzy drives Chinese tech valuations to multiples of US peers

Thursday Evening Links

[CNBC] S&P 500 closes at a new record, buoyed by cooler-than-expected inflation data and falling oil prices

[Yahoo/Bloomberg] Court Lets Trump Halt Tariff Exemption for Low-Cost Goods

[AP] New aircraft carrier heads toward Mideast after reports of issues on long-deployed USS Lincoln

[Telegraph] Trump orders Bessent to cripple Iran’s economy

[Bloomberg] Houthis Hit Aramco Jazan Refinery for Second Time in a Week

[Bloomberg] It’s Never Been More Annoying and Expensive to Be a US Sports Fan

[Bloomberg] How ‘Super El Niño’ Adds Fuel to the Climate Fire

[Bloomberg] It’s Likely That 2026 Will Be the Hottest Year on Record, Experts Say

[WSJ] Trump Is Starting to Look Precarious

[FT] US sells 30-year bonds at highest borrowing costs since 2001

[FT] US accuses more than 40 countries of helping China avoid Trump’s tariffs

[FT] Anthropic investors bet on $2tn valuation in record IPO