JPMorgan warns Brent crude could spike toward $150 after Iran moves to close the Strait of Hormuz, threatening a major new U.S. inflation shock.

Investors are reacting positively to a possible deal between the U.S. and Iran.

In a post on X, the Fars News Agency, which reportedly is closely tied to Iran’s Islamic Revolutionary Guard Corps, said: “In view of the flagrant bad faith and breach of covenant by America regarding the failure to implement the first clause of the end-of-war agreement,

U.S. equity futures were mixed with continued enthusiasm around semiconductors and memory offset by weakness in major tech names.

The Federal Reserve has for decades moved steadily from a remote, opaque government agency that shared little about what it did or why to a more transparent institution willing to explain how it makes

New Fed Chair Kevin Warsh held rates steady but announced task forces and cut communications, signaling major changes ahead for the central bank and your wallet.

Kevin Warsh is already making changes at the Federal Reserve following his first meeting as chair. Here's what's shifting and what it means for you.

Paul Gigot interviews Economist Don Luskin.