Wednesday's News Links

[CNBC] Stocks rise after data shows inflation slowed last month: Live updates

[Yahoo/Reuters] Oil gains as stalled US-Iran talks trump supply recovery

[CNBC] 10-year Treasury yield retreats from 2007 high after PCE data shows inflation slowed in August

[CNBC] Private sector jobs rose by 90,000 in September, better than expected, ADP reports

[AP] Inflation cooled slightly last month even as consumers stepped up spending

[AP] US economy grew a solid 2.2% in the second quarter, government says, upgrading previous estimate

[CNBC] Mortgage rates jump for the sixth straight week, hitting both refinance and homebuyer demand hard

[CNBC] Hedge funds hold a record share of the $30 trillion Treasury market. What could go wrong?

[AP] An Israel-bound plane diverts to Saudi Arabia for emergency landing and other Mideast developments

[Axios] OpenAI hit with landmark lawsuit following Hugging Face hack

[Yahoo Finance] Debt is fueling the AI boom, and warning signs are flashing

[Yahoo Finance] AI in America has a huge 1.7 million job shortage problem

[Yahoo/WSJ] Inflation in Eurozone’s Biggest Economies Reaches Multiyear Highs

[Yahoo/Reuters] China services growth hits three-month high, private PMI shows

[Yahoo/Reuters] Chinese factory activity expands in September amid AI boom

[Reuters] Russia strikes energy facilities in Kyiv and nearby areas in prelude to winter assault

[Bloomberg] Bank of England Warns Gilt Market Faces Growing Spillover Risks

[Bloomberg] Gap Between Calm Market, Single-Stock Vol Harkens Back to 2000

[Bloomberg] Why Is Oil at $100 If Trump Is Winning the Battle in Hormuz?

[Bloomberg] Fed Votes to Overhaul Stress Tests in Major Wall Street Bank Win

[Bloomberg] French Bond Risk Hits New Milestone on Political Concerns

[Bloomberg] Global Cash Is Funding US AI Boom Despite Fears of Hidden Debt

[Bloomberg] Australian Private Credit Giant Metrics Halts Withdrawals

[Bloomberg] AI-Fueled $126 Billion Debt Binge Ends Taiwan’s Cheap Money Era

[Bloomberg] China’s Biggest Stimulus Push Since 2024 Fails to Impress Market

[Bloomberg] China Coal Prices Have Jumped by Almost a Quarter Since Mid-July

[NYT] Fed’s Preferred Inflation Gauge Points to Continued Price Pressures

[NYT] Hedge Fund’s Near Collapse Lays Bare Risks of Borrowing to Bet on A.I.

[WSJ] Wall Street’s Hopes for a Blockbuster IPO Season Are Fading

[WSJ] The Gap Between the Rich and the Very, Very Rich Is Getting Wider

[WSJ] BOE Sees Threat to Government Bonds in AI Growth Miss

[WSJ] The U.S. Military Exits Iraq, Leaving Behind a Nation in Peril

[FT] KKR warns of growing credit market risks from AI borrowing spree

[FT] Inflation accelerates in Eurozone’s biggest economies

[FT] White House holds crunch talks on diesel export ban as midterms near

[FT] Russia threatens nuclear strikes on Nato countries over Kaliningrad

Tuesday Evening Links

[CNBC] Stock futures inch higher as traders weather latest rise in Treasury yields: Live updates

[Yahoo/Reuters] Oil prices settle down 2.5% on signs Middle East exports recovering

[Yahoo/WSJ] Treasury Yields Push To Fresh Highs

[Yahoo/Reuters] Dollar hits 16-month high on euro and Swiss franc as US yields top 5%

[Axios] U.S.-Iran talks yield little, raising odds of renewed combat

[AP] Trump says top tech firms have signed accord to ‘self-police’ AI development

[Politico] Merz says Lavrov comments show Moscow not interested in serious negotiations

[Bloomberg] Crowded Short Trade in Treasury Futures Boosts Risk of a Squeeze

[Bloomberg] PGIM Pushes for AI Limits in CLOs to Avoid Too Much Exposure

[WSJ] Trump Defends Light-Touch AI Strategy After Industry Sounds Alarms

Tuesday Afternoon Links

[CNBC] Dow tumbles as bond yields continue rising: Live updates

[Yahoo/Reuters] Oil prices fall on signs Middle East crude flows recovering

[Yahoo/Reuters] Battered bond market braces for a new era of interest rates

[AP] Americans’ view of the economy sinks to the lowest level since 2014, Conference Board survey says

[CNBC] Consumer optimism slides to lowest since 2014 as fears escalate over rising prices and jobs

[Yahoo/Reuters] US job openings fall in August; layoffs remain low

[AP] US targets Iran’s military supply chain as the status of diplomatic talks remains uncertain

[Reuters] Prospect of Fed pulling too far back on communications poses volatility risk, Musalem says

[Reuters] Anthropic says rogue AI agents pose uncertain legal risk for the company

[Bloomberg] US 30-Year Treasury Yield Rises to Highest Level Since 2002

[Bloomberg] US Job Openings Fall to Lowest Since March, Layoffs Subdued

[Bloomberg] Fed’s Barr Says More Hikes Likely Needed as Growth Picks Up

[Bloomberg] Muni Trading Jumps to Highest Since at Least 1995 on Market Rout

[Bloomberg] Navarro Tells Canadian Lobbyists to ‘Get the Hell Out’ of US

[Bloomberg] France Plans to Sell Record €340 Billion of Bonds in 2027

[NYT] OpenAI Ignored Employees Who Warned It Wasn’t Doing Enough About Security

[NYT] College Students Flex Their Power in A.I. Investment Frenzy

[WSJ] Fed’s Barr: Surge of Investment and Related Demand from AI Buildout is Having Measurable Effect on Prices

[WSJ] Fed’s Williams Hints Next Rate Increase Can Wait

[WSJ] See How the Houthi Advance Was Powered by Arms From Iran and China

[FT] Middle Eastern oil exports rise to highest level since Iran war began