Wednesday's News Links

[CNBC] Stocks fall as Brent crude trades above $100 per barrel: Live updates

[CNBC] Brent crude tops $100 for first time since July as fighting escalates in Persian Gulf

[CNBC] U.S. 2-year Treasury yield rises as oil tops $100 a barrel

[Yahoo/Bloomberg] Dollar Eyes Seven-Month Low With US Buybacks, Inflation In Focus

[Yahoo/Bloomberg] Diesel Crunch Threatens Lasting Price Pain, Consumption Cutbacks

[Reuters] Fearless US stock market vulnerable to shocks as midterms loom

[Reuters] What is the yen carry trade?

[CNBC] Bessent bond plan details to be revealed as Treasury secretary warns FX traders he’s ‘the house now’

[Reuters] Iran and US hit tankers in biggest wave of attacks on shipping since war began

[Yahoo/Bloomberg] US Hits Several Iran Oil Tankers in Response to Warship Attack

[AP] Iran is forging a new ring of proxies to threaten US allies in the Gulf, officials say

[CNBC] Iran says it hit American vessels, oil tankers in Hormuz in retaliation for U.S. strikes

[Axios] Trump bans some Canadian imports as North America trade war intensifies

[Yahoo/Reuters] US to ban Canadian motorcycle, dairy, alcohol imports as trade war sizzles

[Yahoo Finance] Bessent: We can grow our way out of debt with 3% GDP growth

[Yahoo/Reuters] Japan manufacturers' mood hits near 5-year high on semiconductor demand: Reuters poll

[Bloomberg] Fed Officials Signal Openness to Warsh Proposal for Fewer Policy Meetings

[Bloomberg] The Fed’s Three Choices as Warsh’s Honeymoon Ends

[Bloomberg] US Mortgage Rates Rise to 6.85%, Highest in More Than a Year

[Bloomberg] Global Credit Market Revs Up Again After $70 Billion of Issuance

[Bloomberg] US Firms Unleash Record Wave of Bond Sales in European Markets

[Bloomberg] Wall Street’s Leveraged ETF Push Gets New Twist With Hourly Bets

[Bloomberg] Canada and Europe Are Building a Hedge Against America

[Bloomberg] Chinese Inflation Revives as Oil Spike, AI Boom Feed Into Prices

[Bloomberg] China Banks Snap Up Bonds to Seek Returns as Loan Slump Deepens

[NYT] Iran Signals Readiness to Escalate Fight in Face of Rising U.S. Pressure

[NYT] Carney Tells Canadians: Retaliation Against U.S. Tariffs Was Unavoidable

[WSJ] Is China Stealing American AI? Why ‘Distillation’ Has Washington Up in Arms

[FT] AI borrowing boom shakes up Swiss credit market

[FT] What does the return of El Niño mean?

Tuesday Evening Links

[CNBC] Stock futures are little changed after losing session; Brent crude tops $99 per barrel: Live updates

[Reuters] War expands as Iran-backed Houthis attack Saudi cities and US strikes Iranian tankers 

[AP] US military says it has destroyed 5 Iranian oil tankers after missile attacks on Navy warship

[CNBC] U.S. downplays Iran’s seizure of unmanned sub in Hormuz Strait

[Bloomberg] US Consumer Borrowing Rises on Surge in Non-Revolving Credit

[Bloomberg] Bessent Says Trump May Speed Deficit Cut Plans if Democrats Win

[Bloomberg] Bessent Dares Traders to Bet Against Yen: ‘I Am the House Now’

[Bloomberg] Japan’s Rising Yields Stir Debate Over Growing Repatriation Risk

[Bloomberg] Google, Blackstone Venture Faces Delays at Data-Center Sites

[WSJ] Trump Says He Will Block Canadian Firms From Government Contracts

[WSJ] Copper Scales New Heights on U.S. Tariff Fears, Supply Challenges

[FT] Oil nears $100 as US launches new strikes on Iranian tankers

Tuesday Afternoon Links

[Yahoo/Reuters] Wall St slips as steep oil prices stoke inflation concerns ahead of CPI 

[Yahoo/Reuters] Oil rises to six-week high following Houthi attack on Saudi sites 

[Yahoo/Reuters] Five spots to watch as the bond market creeps up on 5%

[Yahoo/Bloomberg] Americans Feeling Worse About Finances in August, NY Fed Survey Says

[Yahoo/Reuters] Consumers more worried about personal finances and jobs, New York Fed report shows

[AP] Yemen’s Iran-backed Houthis have become an increasingly disruptive force in the Mideast

[Yahoo/Reuters] Canada's retaliatory tariffs take effect as US trade talks stall

[Axios] Trump's next trade weapon

[CNBC] Bombardier points out U.S. footprint after Trump says aerospace giant must build in America

[Bloomberg] Bessent Says Buyback Move Aimed at Quelling Market ‘Fever’

[Bloomberg] Carry Trades Can Withstand Yen Strength, Morgan Stanley Says

[WSJ] Canada PM Carney Vows to Backstop Economy as U.S. Trade Row Escalates