Trump has distanced himself from traditional U.S. allies
Markets largely expect the rate-setting Federal Open Market Committee to remain on hold
The fragile ceasefire implemented in April nearly unraveled this week
The Islamic Republic fired missiles toward northern Israel after accusing Jerusalem of repeatedly violating the truce
The Federal Open Market Committee may need to recalibrate its stance on policy this year
Rubio said Iran was seeking a “point of immunity” that Trump acted to deny
Trump said he will not allow Iran to control Strait of Hormuz
The Strait of Hormuz would remain under Iran’s management
Friday’s swearing-in marks Warsh’s second stint at the Fed
Saturday is Victory Day in Russia
Iran's navy said in a post on X Wednesday morning that “with aggressor’s threats neutralized
Prices had already surged more than 3% earlier Tuesday
Britain, France and others say that joining the U.S. naval blockade would amount to entering the wa
The ceasefire extension underscores the uncertain path toward de-escalation
Warsh did speak of the importance in political independence, he issued several qualifiers
West Texas Intermediate crude futures tumbled more than 17% to $93.42 a barrel
Global benchmark Brent crude oil was 1.9% lower on Wednesday
Iran attacked a Kuwaiti oil tanker anchored outside Dubai
Markets are currently struggling to find a clear directional bias
Trump has expressed his disdain for European allies
The S&P 500 fell 1.5%
President Donald Trump said the apology came after the “relentless U.S. and Israeli attack”
The U.S. and Iran have held talks in Switzerland this week
For the full year in 2025, the U.S. economy grew 2.2%
Markets rose following the news
Trump signed an executive order Jan. 20 designed to curb large institutional investors’ purchases of single-family homes
The Dollar Index plunged to a four-month low of 96.365 against a basket of currencies
Treasury yields spiked and the U.S. dollar declined
The president has repeatedly said Greenland is vital to U.S. security
U.S. crude futures fell 1.3% to $56.39 per barrel on the heels of Trump’s announcement