News


Senate Narrowly Passes Tax Bill. Get Ready for a Fight in the House.

To win over holdouts, the final bill doubled the size of a fund meant to help rural hospitals hurt by Medicaid cuts and struck an excise tax on wind and solar projects.

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GOP Megabill Could Put a Strain on College Affordability

Reduced access to federal loans, changes to repayment options, and proposals to raise taxes on university endowments mean the costs of attending college and graduate school could go higher.

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Fed Says Banks Can Weather Severe Downturn as Stress Tests Become Latest Political Football

The outcome suggests banks will announce plans to distribute more capital to shareholders in the coming days.

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June Jobs Report, Constellation Earnings, July 4, and More to Watch This Week

Much could depend on the only jobs report left before the July FOMC meeting.

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The Supreme Court’s Term Is Wrapping Up. There’s Lots to Come.

The justices have 10 decisions to issue. Among them is a case concerning the Trump administration’s executive order ending birthright citizenship in certain circumstances.

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Fed Votes to Advance Capital Rule Reductions That Banks Have Been Fighting For

The Fed, OCC, and FDIC jointly proposed reducing what’s known as the enhanced supplementary leverage ratio, or eSLR, for the largest and most systemically important banks.

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Nuclear Power’s Biggest IPO in Years Is on the Way

Holtec CEO says the plan is to go public within several months. The IPO may be coming at just the right time.

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NYC Election: How Mamdani Beat Cuomo By Focusing on Soaring Housing Costs

New York City takes a big step toward electing its first socialist mayor.

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Trump Brokers Surprise Iran, Israel Cease-Fire. He’s Winning Over the Fed, Too.

Iran, Israel cease-fire gets off to a fragile start, Compass sues Zillow in real estate rift, nuclear firm Holtec could go public, and more news to start your day.

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What to Know About the B-2 Bomber and Bunker Busters That Made Iran Attack Possible

Strikes against Iran included dozens of U.S. military assets including fighter jets, bombers, refueling tankers, and a submarine.

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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 Iran Strikes Didn’t Move Stock Markets. Why That Makes Total Sense.

Where the Iran war goes from here, Fed chair Powell goes to Capitol Hill, Tesla launches robo-taxis, and more news to start your day.

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Stock Futures Fall Moderately as Oil Adds Nearly 4% After Iran Attack

Oil prices were climbing as futures began trading. Israel’s stock market hit a record on Sunday.

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FedEx and Nike Earnings, Powell’s Testimony, New Inflation Data, and More to Watch This Week

The government will also release a bevy of data on the sluggish housing market.

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Where the Iran War Goes From Here. 3 Scenarios for Oil and Stocks.

These are broadly the paths forward in the wake of the U.S. decision to join Israel’s war on Iran.

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Trump Says Iran’s Nuclear Facilities Are ‘Completely Obliterated.’ Attacks Plunge U.S. Back Into Middle East War.

The U.S. strikes Iranian nuclear facilities, the president says.

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Middle East Latest: American B-2 Bombers Fly to Guam Base

U.S. Director of National Intelligence Tulsi Gabbard changes her assessment of Iran’s nuclear capabilities, now saying that Iran has the capability to produce nuclear weapons ‘within weeks to months.’

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Middle East Latest: France Backs U.S. Nuclear Demands Ahead of Iran Minister Meeting

European officials are set to meet their Iranian counterpart in Geneva Friday to discuss Iran’s nuclear program and ending the war. 

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Trump Will Decide Within 2 Weeks Whether to Intervene in Israel-Iran War

Trump kept the world guessing on whether the U.S. would join Israel in attacking Iran.

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Trump Says He Doesn’t Want Iran to Have Nukes, Isn’t Looking for a Ceasefire

Israel said it targeted weapons and nuclear sites in Iran overnight, as the conflict enters its sixth day.

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Stocks Are Volatile Right Now. Why Gold and Other Havens Aren’t Safe Either.

Trump raises fears of an escalation in the Middle East, retail sales are weaker than expected, stablecoin bill gets Senate approval, and more news to start your day.

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U.S., U.K. Show Off Signed Trade Deal at G-7 Meeting

The president also met with Canadian Prime Minister Mark Carney to discuss a trade deal.

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SALT Divides Republicans as the Senate Tries to Advance the Megabill

A House Republican threatened to vote against the bill if it doesn’t include a higher limit on state and local tax deductions.

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Oil Prices Drop on Hope for De-Escalation in Israel-Iran Conflict

The greatest risk the oil markets face is that Iran retaliates against Israel airstrikes by closing the Strait of Hormuz, which is critical to global energy shipments.

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Stock Markets Plagued by Uncertainty Amid Iran, Israel, Fed Fears. One Thing Is Inevitable.

Oil markets on edge, Trump heads to G-7 summit, the Paris Air Show, and more news to start your day.

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