Early signs of reopening of the Strait of Hormuz have lifted the most acute threat to global energy supplies but economic damages from the war will take months to unwind.
Trump claims Iran deal is ‘unconditional surrender,’ says his power has ‘no limits’: Axios
Trump said in an interview with Axios on Thursday evening stateside that he negotiated the deal to prevent the conflict from triggering a global depression.
The average SpaceX buyer post-IPO is almost under water after two-day slide
Shares of SpaceX fell as much as 7% Thursday to $178, leaving the stock trading roughly in line with its volume-weighted average price of just under $180.
Markets are set for a much more hawkish Warsh Fed than expected
Fed Chairman Kevin Warsh’s tough talk on inflation Wednesday reverberated through financial markets.
Bank of England holds interest rates at 3.75% amid Iran war peace prospects
The Bank of England’s Monetary Policy Committee voted 7-2 to keep rates on hold.
Stocks making the biggest moves premarket: Intel, SpaceX, Micron, Carnival & more
These are the stocks posting the largest moves in the premarket.
Here are the five big takeaways from Kevin Warsh’s first meeting as Fed chairman
The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely.
Jeffrey Gundlach says Fed’s Warsh is not going to be the ‘easy money’ chairman many hoped for
Gundlach said Warsh’s stance reduces the risk of overly accommodative monetary policy that could reignite inflation and push longer-term borrowing costs higher.
Fed holds rates steady, pares down statement to remove cutting bias
The Federal Reserve on Wednesday released its interest rate decision.
Chairman Warsh drastically alters Fed rate statement. Here’s what’s changed
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in April.