Monday's News Links

[CNBC] Stocks rise as oil and yields ease to start week: Live updates

[Yahoo/Reuters] Oil prices slide to 11-day low on hopes of US-Iran diplomacy, Saudi exports

[Yahoo/Bloomberg] Yuan hits fresh multi-year peak as PBOC eases curb ahead of Trump-Xi summit

[CNBC] Trump admin won’t give AI leaders a ‘liability shield,’ Bessent tells CNBC

[AP] A projectile hits a tanker as it enters the Strait of Hormuz, and other Mideast developments

[Reuters] Houthis push for control of Yemen highlands as Trump reported to have called off airstrikes

[Reuters] Iran and US trade threats after Houthi attacks escalate regional conflict

[Reuters] Vessels trickle through Strait of Hormuz as Middle East conflict persists

[Yahoo/Reuters] Analysis-Global diesel shortage likely to last into 2027 as storage tanks drain

[Reuters] Goolsbee rejects idea of Fed cutting rates to help US finance its debt

[Reuters] Xi rolls into Trump summit with China's trade engine roaring

[Yahoo/Bloomberg] China Rare-Earth Magnet Exports to US Drop Before Xi-Trump Meet

[Yahoo/Bloomberg] Trump's Venezuela Oil Deal Hinges on Decrepit and Distant Fields

[AP] CNN, MS NOW, Politico say they’ve notified Trump they’re suing over denied White House access

[Reuters] Merz clings on after German election 'disaster'

[Yahoo/Reuters] Why France's budget problems have driven its bond risk premium to 2012 highs

[Yahoo/Telegraph] French debt to hit highest level on record

[Bloomberg] US Diesel Tops $6.50 a Gallon as Wars Worsen Global Crunch

[Bloomberg] Fed’s Goolsbee Says Road to 2% Inflation May Not Be Painless

[Bloomberg] Ukrainians Are Bracing for Worst Wartime Winter of Airstrikes

[Bloomberg] ‘Energy-Guzzling’ AI Must Rein in Its Emissions, Says UN Climate Chief

[Bloomberg] El Niño and Heat Fuel Destructive Storms Across Pacific Ocean

[NYT] China Promised to Buy More U.S. Farm Goods. It Hasn’t Happened.

[NYT] Trump Gets Caught in a Dilemma Over a Saudi Plea for Military Help

[WSJ] Tanker Shortage Sends Oil-Shipping Rates Soaring

[WSJ] Apartment Landlords Have a $2 Trillion Debt Problem That Is Only Getting Worse

[FT] Fed and BoE step up scrutiny of bank exposure to trading firms after Jane Street loss

[FT] Gulf states urge reset with Iran as conflict drags on

[FT] Why the world’s hottest stock market is a national liability

Sunday Evening Links

[CNBC] Stock futures rise slightly after Dow posts third straight losing week: Live updates

[Yahoo/Reuters] Fed's Kashkari says inflation is still too high in 'all aspects' of US economy, in Fox News interview

[AP] Iran-backed Houthi rebels warn against joining Saudi Arabia in Yemen’s growing civil war

[Yahoo/Bloomberg] The Other Hormuz: Black Sea Blockade Threatens a Food Supply Shock

[Reuters] AfD leads as Merz rues 'disaster' in worst state election result in postwar Germany

[Bloomberg] AI Risk Is Everywhere and It's Making Billion Dollar Funds Nervous

[NYT] Houthis Push to Expand Territory as Tensions With Saudi Arabia Rise

[WSJ] A Shortage of Oil Tankers Is Threatening to Keep Gas Prices High

Sunday's News Links

[Yahoo/Reuters] Saudi, Gulf stocks fall after Houthis claim Riyadh attacks

[AP] Federal Reserve rate hike reflects new world of sticky inflation and faster growth

[AP] Saudi Arabia confirms Yemen’s Houthi rebels tried to attack its capital with a ballistic missile 

[Reuters] Iran warns against new escalation by US and allies

[Reuters] US Treasury's Bessent, China's He to launch talks on AI, trade, critical minerals

[AP] Trump used to slam China. Here’s why he’s now rolling out the red carpet for Xi

[AP] MS NOW, CNN and Politico say their journalists were denied access to White House after Trump ban

[Yahoo/LAT] From Watts to L.A. wildfires: The rise of California's troubled FAIR Plan

[Yahoo/Bloomberg] On Wall Street, Frustration Is Mounting That AI Will Hijack the Climate Debate

[Bloomberg] US, China Begin Trade Talks in New York Ahead of Trump-Xi Summit

[Bloomberg] Jane Street Joins Wave of Dealers Offering Swaps for Risky ETFs

[Bloomberg] US Housing Costs Rise Further Out of Reach Ahead of Midterms

[Bloomberg] Moscow Refinery Hit as Russia Reports Largest Drone Attack

[NYT] China’s A.I. Makes a Great Leap Forward. But Its Economy Is Falling Behind.

[WSJ] Refineries Are Now the Main Chokepoint for Global Energy Supplies

[WSJ] Why It’s So Hard to Work Out What the Bond Market Is Telling Us

[WSJ] Trump Announces an ‘AI Force’ After Industry Sounded Alarm

[FT] Big Tech uses guarantees to keep $300bn of AI exposure off balance sheets

[FT] US retailer rations motor oil as prices quadruple and supplies run dry

[FT] The Gulf cargo trade that vanished

[FT] Ukraine hits Moscow with ‘largest ever’ drone attack