Analysis: Trump said he loves inflation. Why that should be music to Kevin Warsh’s ears
The president said Wednesday he is happy with inflation at 4.2%. That will be welcome news for new Fed Chair…
Economy
Oracle beats on earnings, but stock drops on plans to raise another $20 billion
Oracle topped quarterly expectations, but free cash flow is negative, and the company plans to raise more capital for data…
U.S. military begins strikes on ‘multiple targets’ in Iran at Trump’s direction
President Donald Trump promised more attacks on Iran after strikes resumed this week. Earlier this week, he said a deal…
Home sales surged in May to the highest level since December
Home sales rebounded in May as mortgage rates dropped back a bit in April, but prices are still rising. ...
Oil prices fall as Trump tries to convince market an Iran deal is close despite recent violence
President Donald Trump has repeatedly said a deal with Tehran to reopen Hormuz is close, but such an agreement still…
Foreign investors have dumped billions of dollars of Korean stocks this year despite record rally. Here’s why
The selling intensified Monday as the benchmark Kospi plunged more than 8% at the open, even as it emerged as…
Trump storms out of interview after being challenged about election fraud claims, DOJ fund
The president said he would like to see the weaponization fund proceed despite setbacks. ...
Iran and Israel exchange strikes, threatening fragile ceasefire
Iran and Israel striking each other threatens the fragile ceasefire between the U.S. and Iran has been in place since…
U.S. confirms second Texas screwworm case, Canada restricts livestock imports
New World screwworm larvae feed on the living tissue of warm-blooded animals, creating severe wounds that can be fatal if…