Another Fed Official Says a July Rate Cut Could Be in the Cards
Remarks from Bowman and Waller add to growing expectations that the central bank may pivote from its "wait-and-see" approach.
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Trump's Relentless Fed Pressure Creates Lose-Lose Scenario for Powell
The Fed chair will appear before Congress this week. How lawmakers respond will be a key gauge of support for central bank independence.
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ECB Alert to Inflation Threat From Strait of Hormuz, Lagarde Says
A reduction in the flow of oil and gas through the strait could push a range of prices higher, a threat that policymakers are monitoring closely, the head of the European Central Bank.
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The 6 Miles of Water Keeping Global Markets on Edge
Iran has threatened to close the Strait of Hormuz, a passage for roughly 20% of the world's petroleum. Many view the scenario as a scorched-earth tactic and distant possibility.
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Home Sales Rose in May, but Housing Market Is Still Sluggish
Sales of existing homes held near historically low levels, the latest sign that buyers are staying away because of high home prices.
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Dow Wavers After U.S. Strikes Iran
U.S. stocks wavered. One explanation for the relatively limited reaction is that markets have already priced in a high degree of uncertainty about the Middle East.
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Global Business Remains Resilient in Face of Tariffs, Middle East War
Business activity in Europe and some large economies in Asia grew in June despite uncertainty regarding global trade and the threat of higher energy prices.
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Trump's Iran Attack Revives Questions About War Powers
The Constitution gives Congress the power to declare war, but presidents have long maneuvered on their own.
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Chinese Stocks and American Exchanges Head for a Breakup
A delisting push is adding to the unraveling of Wall Street's love affair with China Inc.
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Oil Volatility Remains High After U.S. Struck Iran's Nuclear Sites
The market's biggest concern is that Iran could disrupt flows through the Strait of Hormuz-a vital artery for about a quarter of the world's seaborne oil.
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Iran Has an Oil Card to Play. So Does the U.S.
America's fracking revolution blunts the dreaded oil chaos that could come from an Iranian closure of the Strait of Hormuz.
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Stablecoin World Opens Up to Main Street Banks
Regional and community banks will be able to get in on the stablecoin market through Fiserv ventures with crypto firms and PayPal.
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America's Top Logger Bets It Can Make Money Off Small, Crooked Trees
Weyerhaeuser's $500 million plant in Arkansas will turn small trees, once bound for paper mills, into engineered lumber.
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What Israel's Soaring Markets Are Saying About the Iran War
Israel's war with Iran carries risks, but investors are giving it a vote of confidence.
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Trump's 'Big, Beautiful Bill' Gets Slimmed Down in Senate
Provisions related to food aid and the consumer-protection agency are set to get dropped from the final bill after "Byrd bath."
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Overseas Investors Demur on U.S. Private Markets in Light of Trump's 'Revenge Tax'
A portion of the 'one, big, beautiful bill' could lead to a new tax on foreigners' U.S. investments in private equity and credit. Some of them are treading cautiously.
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Ordinary Investors Are Souring on Big Tech
Some worry about stretched valuations after a big run-up, and are moving money into newer trades such as consumer staples or international stocks.
(END) Dow Jones Newswires
June 23, 2025 13:00 ET (17:00 GMT)
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