Persian Gulf Countries 'Refused' UAE Call For Joint Attack On Iran

Mortgage rates remain elevated on May 16 due to ongoing inflation, high oil prices, and rising Treasury yields.

Warsh takes helm at Federal Reserve amid ongoing inflation concerns, with an Oklahoma expert weighing in.

Bond yields are rising, forcing reality back into the market, leading to pressure on U.S. equity futures (S&P 500 down ~1%, Nasdaq even more) as global bond markets sold off.

Samsung and its South Korean union resumed talks amid a strike threat that risks disrupting memory chip production, leading to heavy selling in Asian markets and a 6% plunge in South Korea's KOSPI.

Kevin Warsh will join the Fed facing internal conflict over interest rate cuts.