Texas governor abbott halts all state-issued permits for data centers until grid audit is complete

White house drafting executive order to take over nih grant approvals' - the hill

Trump administration proposes $5 billion to kickstart investment fund to rebuild gulf energy sites; proposal is under discussion with several middle eastern countries including saudi arabia and u.a.e.' - wsj exclusive

Bitcoin trails nasdaq this year: why one analyst calls it ‘helpful’

Stocks jump on iran, china, and bitcoin hopium—but the big conflicts have not gone away

Fed's mUSAlem says labor market stable, around full employment and not a source of inflation pressure; commodity shock is more than just oil, includes base metals like copper; better for rate hikes to be 'earlier and incremental' rather than 'later and larger'; even when stripping out supply-related factors, inflation is still 'too high' at up to 3%; business contacts say they are planning on price increases 'closer to 3%'

Fed's mUSAlem says that without further policy restraint, it's more likely inflation will remain substantially above 2% target 18 months from now

U.S., denmark, greenland are going to hold a signing ceremony on tuesday

Nj attorney general davenport announces settlement with paramount skydance; deal settlement includes a five-year court enforceable commitment to increase film output; settlement also includes minimum of additional $1.5b commitment to bolster domestic film production

U.S. transportation department announces federal aviation administration rolls out smart ai tool in limited version

Major indices are trading higher amid falling yields and sliding oil prices, which ease inflation concerns as investors rotate back into ai-related stocks.

S&p 500 will ‘easily’ top 8,000 before historic crash, ‘black swan’ fund manager says

6.51 diesel should be crushing the economy

Putin plans to attend xi’s apec summit and skip g20 with trump' - bloomberg

Mexico president sheinbaum says government is looking for ways to reduce imports from other nations and buy more goods from U.S.

U.S. trade representative greer says boeing is making progress on finalizing 200 chinese airplane orders announced earlier this year

President trump, on social media, says U.S. working on massive deal with towards purchase of potash from belarus

China has pushed for a longer extension of the current trade truce, which expires in november, but the U.S. has proposed it be extended for just six months to keep negotiations on a tighter leash' - the new york times

Takaichi to stress japanese investment in U.S. in talks with trump; tokyo looks to probe washington's intentions ahead of U.S.-china meeting' - nikkei asia

U.S. president donald trump spoke via phone with yemeni president rashad al-alimi on sunday; yemen's president requested U.S. support for government against houthis, trump made no pledge of military support

Fed's goolsbee says job of a central banker is not to respond to markets or the president, but to economic conditions; without fed's summary of economic projections the world will still be looking to understand officials' reaction functions; historically us long rates are not particularly high; don't think it reflects loss of confidence in us

Fed's goolsbee says current unemployment rate is "pretty close" to full employment; business contacts say labor market is getting tighter, alternate measures tell the same story; fed remains very credible, everyone takes the job extremely seriously; components of inflation will matter to fed's analysis, with services inflation not seen as tied to oil price shock but a product of strong demand; should be open to making the sep more informative

Fed's goolsbee says district contacts are relaying concerns that sound like traditional demand overheating; not thinking about any coming hikes as reversing last year’s cuts; the only choice the fed has if supply shock inflation proves persistent is to reduce aggregate demand; month-to-month job growth is not a good measure of health of labor market when there is doubt about population growth due to immigration policies

Fed's goolsbee says mix of supply and demand pressures on inflation has more impact on pace than destination; if inflation is mostly demand driven rate response will have to be more aggressive and more front-loaded; inflation data earlier this year seemed to show supply shocks waning; now some of it is coming from demand; the fed is now more in the "action scenario" given mix of inflation pressures

Gulf states urge reset with iran as conflict drags on' - financial times

Chicago fed national activity for august revises prior from -0.08 to 0.08

Chicago fed national activity for august -0.04 vs 0.08 prior

U.S. treasury secretary bessent says interest rates

U.S. treasury secretary bessent says all iranian airlines will be shut down around the world

U.S. treasury secretary bessent, on cnbc, says labs need to take responsibility for themselves on ai

U.S. treasury secretary bessent, on cnbc, says discussed economics, ai with china; have some deliverables; chance trump, xi could see each other two more times after this week; have formalized an ai dialogue; will open up an incident line on ai with china; discussed tariffs with china; for china, looking to bring in more everyday items

Septemberphobia’ could give way to a big october rally despite trump uncertainty

Chicago fed president austan goolsbee says open to rates going back down if convincing evidence shows inflation heading to 2%

Chicago fed president austan goolsbee speaking at the economic and monetary policy institute says 2% inflation target still realistic even with repeated supply shocks

Fed's goolsbee says he's optimistic that fed could get back on path of 2% inflation as long as there's not more evidence of demand overheating; fomc still sorting out how much of inflation is due to supply shocks versus demand; if fiscal policy is driving up inflation, fed has to take it into account; don't think that estimates of the neutral rate are helpful in short-run monetary policy decisions; arguments the fed should cheapen federal borrowing costs are one of reasons fed independence is important

Diesel hits historic $6.51/gal: commodity strategist warns we are facing a deficit that 'no handshake' can refill

Fed's goolsbee says strong demand may be adding to inflation along with energy, tariff, other supply shocks; there's 'no ambiguity' what fed would do if demand is overheating; supply shocks are proving to have persistent impact on inflation, must be accounted for in setting monetary policy; need evidence that inflation from supply is fading, or it's hard to see a 'credible path' back to 2% inflation

Stock market today: s&p 500, nasdaq 100 futures gain as trump issues fresh warning to iran — mrvl, aapl, acn in focus

Reported earlier, 'chinese rare earth shipments to us drop ahead of trump-xi summit' - financial times

Will howie buffett keep berkshire ahead of the s&p 500? what retail investors need to know

Trump ramps up bid to dismantle international criminal court' - wsj

Paramount discussed $1.5 billion california investment to clear merger hurdle' - wsj

Fed and boe step up scrutiny of bank exposure to trading firms after jane street loss' - ft

Stock market: will s&p 500 open up or down today?

Voo & chill: why vanguard’s s&p 500 etf is beating spy and ivv

Kashkari said labor market is quite robust

Kashkari said U.S. economy has been very resilient despite wars, productivity showing signs of improvement

Kashkari said investment demand tends to push up interest rates; hopes help from government, real economy, growth can bring inflation down

Minneapolis fed president kashkari, in fox news interview sunday, said fed’s job is to get inflation back down to 2% target

Bill ackman said ‘hell is coming’ in 2020 — how a $27 million hedge turned into $2.6 billion as he bought the crash