Sunday's News Links

[Yahoo/Bloomberg] Wall Street’s AI Party Is on Edge as Soaring Yields Raise Risks

[Yahoo/Bloomberg] Bessent downplays worries on rising yields, AI bubble concerns

[Yahoo Finance] Wall Street's merger frenzy takes a third quarter breather: Chart of the Day

[Reuters] Iran says Strait of Hormuz will not reopen until conditions are met

[CNBC] More tankers struck in the Middle East as Iran reiterates conditions for reopening the Strait of Hormuz

[Axios] Iranian diplomats "kicked out" of U.S. after ignoring order to leave

[Reuters] Yemen leader announces major military operations against Iran-backed Houthis

[Reuters] Yemen's Houthis say they attacked Aramco facility in Riyadh with missiles, drones

[Axios] Scoop: Powerful open model is set to shake up AI race

[Yahoo/Fortune] America’s budget, the bond market and the national debt at 250: Gradually, then suddenly

[AP] Brazil’s presidential vote pits Trump ally against incumbent Lula

[Reuters] Ukraine will hit Russian refineries in response to Moscow's 'new doctrine' of airstrikes, Zelenskiy says

[Bloomberg] Bessent Says AI Industry Must Own Its Risks and Find Solutions

[Bloomberg] Australian Treasurer Calls US-Iran War an Economic ‘Disaster’

[WSJ] Truckers Are Using Every Trick They Can to Survive Soaring Diesel Prices

[WSJ] The Death of the Old Middle East—and the Dangerous New World Replacing It

[FT] Investors look to shelter portfolios from rising AI concentration risks

[FT] Legal risks pile up for Altman as OpenAI uncovers dozens of hacks

[FT] Wall Street’s IPO fervour cools on tepid demand and valuation worries

[FT] Masayoshi Son’s AI ambitions outgrow SoftBank’s balance sheet

[FT] The US is looking more like Italy

[FT] China closes hundreds of banks to bolster financial system

[FT] Russia strikes Kyiv as Germany’s Merz arrives to show support for Ukraine

Saturday's News Links

[AP] Wall Street week ahead: Fed minutes, unemployment data, consumer sentiment update

[Reuters] Wall St Week Ahead Spiking bond yields, midterms, earnings to test US stocks' typical fourth-quarter strength

[Reuters] G7 countries agree on release of diesel and oil stocks after US pressure

[Reuters] Fed may skip October but pull rate hike trigger in December

[Reuters] Hedge funds struggle for September gains as rate, AI swings bite

[AP] America In Focus: unemployment rate climbs, mortgage rate hits nearly 3 year high

[Axios] Rogue AI agents expose internet's frail foundation

[Axios] Saudis plan major offensive against the Houthis, but U.S. won't join for now

[Yahoo/Bloomberg] Pressure Builds on Iran as Trump Expands US Military Presence

[Reuters] As public fears of AI grow, Trump digs in on voluntary safeguards

[Reuters] Explainer: How Turkey's investment fund bubble burst

[Politico] Russia hits major Kyiv bridge, logistics hub in latest attack

[Reuters] Russia pledges to continue massive strikes on Kyiv, urges foreign diplomats to leave city

[Bloomberg] US Debt Path Leaves It ‘Increasingly Exposed,’ Scope Warns

[Bloomberg] Cash-Strapped Americans Tap Home Equity and AI to Keep Spending

[Bloomberg] Larry Ellison Risk Exposed by Paramount and Oracle Debt Binges

[Bloomberg] Anxiety Over Gas Prices Points to ‘Looming EV Comeback’ in US

[NYT] White House Filing Claims President Has Authority to Bar News Outlets

[WSJ] How the French Bond Trade Backfired on Investors

[WSJ] AI Is Squeezing Out the Rest of the Stock Market

[FT] China, America and the new Great Game

[FT] Treasuries are losing their moneyness

[FT] Italy and Greece seek leeway on EU fiscal rules