Money, power and the plumbing that binds them.
The Federal Reserve held rates steady on Wednesday and pared its statement language; by the Asian close, the yen had given back the ground Japanese authorities paid to defend in April.
A reported US-Iran memorandum would let Tehran sell oil immediately and unlock roughly $300bn for reconstruction, redrawing the sanctions…
The White House has published the text of a 14-point memorandum granting Iran administration of Hormuz shipping. The document marks the most concrete…
A US official handed reporters the full text of a 14-point memorandum on 17 June 2026, including a permanent ceasefire, safe Strait of Hormuz passage…
A 14-point memorandum of understanding circulating in regional Telegram channels lays out the terms of a US-Iran deal — including Strait of Hormuz…
A draft US-Iran memorandum reported on 17 June 2026 would unlock roughly $300 billion in Iranian funds and grant oil-export waivers, in exchange for…
Prediction markets give a 25% chance of a U.S.-India trade deal by year-end. The courtship language is warmer than the paperwork.
A draft memorandum of understanding between Washington and Tehran circulated to White House reporters on Tuesday, only for Iran's own negotiators to…
Eleven years to the day after Donald Trump descended the Trump Tower escalator to launch his first campaign, the president and his vice president…
Two days of public disagreement with Jerusalem — over apartment-block strikes in Lebanon and a denied request to see the US-Iran text — signal the…
Pharma rallied while PBMs sold off on Monday. The reason may have less to do with European price controls and more to do with a quiet backdoor to…
Prediction markets are pricing in a US-Iran nuclear settlement that includes sanctions relief on Iranian oil. The fine print is thin, the politics is…
President Donald Trump publicly rejected US involvement in a reported $300 billion Gulf-led fund for Iran, even as Iranian state media framed a…
On the same day the US president publicly praised his Egyptian counterpart, he warned Tehran that the new ‘memorandum of understanding’ is…
President Donald Trump says the Strait of Hormuz will be "completely open" by Friday, but the absence of a published plan and Tehran's calibrated…
Eight days after listing, SpaceX has surged past $2.5 trillion to become the world's sixth-largest company, drawing fire from crypto and a record…
A Russian warship fired warning shots to divert a UK-flagged yacht in the English Channel on 16 June. The political fallout in London is now…
A Cadbury-maker's boss calls continued Russian operations 'the right decision' on the same day G7 leaders promise more air defence and new pressure…
Tokyo lifts the policy rate to 1%, a level not seen since the mid-1990s, as ice-cream makers face cartel raids and regional authorities try to price…
Text of a 14-point US-Iran memorandum circulated on 17 June 2026 freezes enrichment, lifts the threat of new sanctions, and commits Tehran to "safe…
A US-Iran agreement announced on 14 June 2026 frees up to $400 billion for Tehran, draws G7 backing, and is being tested within hours by Iranian…
A reported US-Iran draft accord clears immediate oil sales and frozen-fund access for Tehran, while Washington weighs new sanctions on Moscow and…
A six-day war produced a verbal US-Iran understanding that has tanker traffic flowing and oil markets easing. The text remains unsigned, the…
Governor JB Pritzker has signed Illinois' fiscal-year budget, including a 0.2% levy on digital-asset transactions — including personal-wallet…
Washington claims gas and oil are flowing through the Strait of Hormuz again after a memorandum with Tehran, yet no public text exists and oil's…
At the G7 summit, Chancellor Merz framed Trump’s Iran agreement as a market-moving win and confirmed a unified pledge to raise military and financial…
G7 leaders promise more air defence systems and licensing of their production, while Ukraine's defence minister announces a domestic ballistic…
The Federal Reserve held its policy rate steady on 17 June 2026 and quietly pared back the language that had signalled easing to come. Equities…
The Federal Open Markets Committee held its benchmark rate steady for the fourth time in 2026, with new Chair Kevin Warsh declining to commit to a…
The FOMC held the policy band steady at its June meeting and quietly cut its 2026 growth projection to 2.4%, while Springfield passed what critics…
The Federal Reserve held its policy band at 3.5%–3.75% in Kevin Warsh's first meeting as chair, with rate-cut debate deferred against an Iran deal…
The Federal Reserve held its policy rate unchanged on 17 June 2026 and trimmed the dovish tilt from its statement, leaving new chair Kevin Warsh to…
The US Army's top civilian has put the established defense primes on a two-year clock. Whether they adapt or die is now a public bet — and Silicon…
Two of Silicon Valley's sharpest defense investors — Sequoia's Sean Maguire and Josh Wolf — converged on the same warning at the Hill & Valley Forum:…