Friday's News Links

[CNBC] Stocks bounce after 4 days of losses as oil retreats; traders weigh CPI report: Live updates

[Yahoo/Reuters] Oil falls but on track for 8% weekly gain on supply concerns; US diesel hits record high

[Yahoo Finance] Fed rate hike odds surge to 90% on monthly jump in core prices

[AP] US inflation picked up as gas prices marched higher due to conflict in the Middle East

[Axios] Inflation stays hot in August as Iran war drives energy costs higher

[AP] US diesel prices soar past $6 a gallon, deepening strain for hauling everyday goods

[CNBC] IEA warns global oil refining system ‘stretched to the limit’ as Iran, Ukraine wars tighten market

[AP] Yemen’s Iranian-backed Houthis seize an island in a key strait, opening a new front in the Iran war

[Reuters] Yemen's Houthis reach strategic island at mouth of vital shipping lane

[Axios] Scoop: MBS urged Trump to strike Houthis amid Red Sea threat

[Axios] AI debt is surging. A credit ratings agency has concerns

[Yahoo/Bloomberg] BofA Strategists Warn of Stock Volatility as Outflows Hit US

[CNBC] Hassett kept up to $5 million Coinbase stake as Trump reshaped crypto policy

[Yahoo/Reuters] France lowers growth forecast, will miss deficit target

[Yahoo/Reuters] BOJ set to lift rates next week but offer few clues on terminal, sources say

[Yahoo/Reuters] Japan's wholesale inflation stays elevated in August, boosts case for rate hike

[Bloomberg] Bond Traders Price in Two Fed Hikes This Year After CPI Report

[Bloomberg] Authers: The Many Signs of Madness in Markets

[Bloomberg] US Convertible Bond Market Hits Record as AI Spending Surges

[Bloomberg] Katayama Calls Bessent’s ‘House’ Remark Scary in Translation

[Bloomberg] DeepSeek Hands Memory Stock Investors Fresh Reason for Caution

[Bloomberg] Asia Confronts Fresh Inflation, Fiscal Threats as Oil Tops $100

[NYT] What Years of Inflation Have Done to American Prices

[WSJ] A Nation Remembers: 25 Years After 9/11, U.S. Mourns a Growing Number of Victims

[WSJ] The Unrelenting Bond Selloff Puts the 10-Year Yield on the Cusp of 5%

[FT] Houthis seize Red Sea islands in lightning offensive

[FT] US rate rise fears ripple through global bond markets

[FT] Scott Bessent fails to break ‘fever’ in US bond market

[FT] Why Warsh is starting to bite back

[FT] France’s debt interest bill to jump 25% this year

[FT] Time for the Brics

Thursday Evening Links

[CNBC] Stock futures are little changed as key consumer inflation report looms ahead: Live updates

[Reuters] US average diesel price crosses $6 a gallon for the first time, GasBuddy says

[Yahoo/Bloomberg] Silicon Valley Escalates Warnings About Existential Risks of AI

[Reuters] Microsoft plans 38 gigawatts of data center capacity by 2032, Bloomberg News reports

[Axios] Trump on Iran war regrets: "You can always question yourself a little bit"

[Axios] The scramble to build AI kill switches before disaster strikes

[Bloomberg] Treasury Yields Surge as Oil, Buyback Results Fuel Selloff

[Bloomberg] Municipal Bond Yields Soar to Highest Since 2011 in Rout

[Bloomberg] Oil Extends Rally Above $100 as Middle East Hostilities Escalate

[Bloomberg] Bessent Dismisses Concern on Buyback, Says Treasuries Are Strong

[Bloomberg] Microsoft Plans Data Center Push to Triple Its Computing Power

[NYT] Trump’s Special Envoy Hauled In More Than $250 Million While in Government

[WSJ] The Unrelenting Bond Selloff Puts the 10-Year Yield on the Cusp of 5%

[WSJ] Oil Futures Jump as Middle East Escalation Raises Supply Worries

[FT] Global bond sell-off reignites as oil jumps to $109

Thursday Afternoon Links

[CNBC] Stocks retreat as U.S. oil prices top $100, threatening economy: Live updates 

[Reuters] Bond yields hit multi-year highs as traders brace for new ECB rate-hike cycle

[Yahoo/Reuters] Oil surges 6%, Brent and US crude both over $100 on more tanker attacks

[Axios] Inflation pressures build

[Reuters] Houthis advance along Yemeni coast, threaten Saudi oil exports in the Red Sea

[Reuters] Iranian arms and advice helped Yemen's Houthis seize key Red Sea city, sources say

[Reuters] Iran is producing new missiles in limited quantities from existing components, WSJ reports

[CNBC] 30-year fixed mortgage rate tops 7% for the first time in over a year

[AP] US home sales weaken to slowest pace in more than a year as mortgage rates, home prices climb

[Reuters] Major central banks strike a more hawkish tone as energy costs jump

[NYT] Houthis Seize Strategic Red Sea Port, a Major Victory for Iranian Ally

[WSJ] Iran Is Producing Ballistic Missiles Again

[FT] America is losing its captive creditors

[FT] Stanley Druckenmiller says US borrowing costs still ‘a little low’ despite surge in yields

[FT] Houthis capture Red Sea port in blow to Saudis

[FT] ECB prepares for ‘longer-lasting’ inflation as it lifts interest rates to 2.5%