Monday Afternoon Links

[CNBC] S&P 500 rises 1% as AI-related stocks surge, oil and yields slide: Live updates

[Yahoo/Reuters] Chipmakers fuel global stock gains as oil retreats

[Yahoo/Reuters] Global diesel prices hit record highs, further rises possible

[AP] Federal Reserve official says fighting inflation likely to be ‘painful’

[Yahoo/Reuters] Fed's Goolsbee says strong demand may be adding to US inflation

[CNBC] White House TV pool won’t cover Trump after press ban: CNN

[AP] War, runaway AI and climate shocks to take center stage as world leaders meet at UN

[Bloomberg] BOE’s Breeden Says Time Running Out to Stop AI Crashing Markets

[Bloomberg] Radiant World Table Shows Six Lenders With $870 Million Exposure

[Bloomberg] California Declares Emergency as El Niño Threatens Winter Mayhem

[NYT] As Trump and Xi Meet, the U.S. and China Are ‘Shin-Kicking Under the Table.’

[WSJ] Bank of Canada Grapples With Rate Policy Amid Competing Forces, Macklem Says

[FT] Federal Reserve will need to be ‘aggressive’ on inflation, says top official

[FT] US data centres ‘are short six NYCs of electricity’