Dallas Fed President Warns Rate Hike May Be Needed This Year - Inman Real Estate News

Federal Reserve's independence, credibility face new scrutiny in Warsh era  Nikkei Asia

Lebanese Army Officers Among 9 Killed In Israeli Airstrike On South Lebanon In a rare, major development related to the Israel-Hezbollah war, fresh Saturday Israeli airstrikes on Southern Lebanon on Saturday took out a group of Lebanese Army forces. What's more is that several officers were reported killed: "Israeli airstrikes on southern Lebanon Saturday killed nine people including three members of the Lebanese military, the Lebanese army and state media said, days after the two sides reached a new ceasefire deal," The Associated Press reports. Via Reuters "An airstrike on the road linking the city of Nabatiyeh with the town of Marjayoun occurred in the morning killing a brigadier general, a captain and another soldier, the army said without immediately releasing their names," the report continues.

Inflation is the bane of the bond market. And it is now demanding multiple rate hikes, starting late this year.

Federal Reserve’s Hammack signals rate hikes could be on the table as inflation stays sticky  Crypto Briefing

US To Tighten Rule Regarding Nonprofits Paying Excessive Executive Compensation Authored by Naveen Athrappully via The Epoch Times, The Internal Revenue Service (IRS) and the Department of the Treasury issued a notice on Friday, announcing their plan to issue proposed regulation concerning taxation on high compensation paid by tax-exempt organizations to employees. The notice relates to excessive compensation and excess parachute payments, the IRS said in a June 5 statement. Parachute payments are made to key employees when they are terminated or when the business undergoes a merger or acquisition. An excess parachute payment is any such payment that exceeds three times an employee’s average annual compensation for the most recent five years. Section 4960 of the Internal Revenue Code imposes an excise tax on any

US Intercepted Fresh Iranian Ballistic Missile Attacks Overnight As Tehran Blasts 'Ceasefire Violations' Summary Iran's foreign ministry says US overnight action, especially bombing coastal radar facilities, is a violation of ceasfire. New nighttime salvo of missiles on Kuwait, Bahrain:&nbsp;Six ballistic missiles fired at Bahrain and Kuwait were intercepted, CENTCOM said. Overnight flare-up started with Iranian attack drones in Strait being intercepted by US forces. Trump admits Iran still has some 20% of its missile arsenal: "It’s a lot of missiles, but it’s not what it was when we first attacked." (CNBC) <!--//--><![CDATA[// ><!-- <!--//--><![CDATA[// ><!-- { "@context": "https://schema.org", "@type": "WebPage", "name": "US x Iran permanent peace deal by June 30, 2026?", "description": "Prediction market: Yes 21% · No 80% on Polymarket.", "url": "https://polymarket.com/event/us-x-iran-permanent-peace-deal-by", "publisher": { "@type": "Organization", "name": "Polymarket", "url": "https://polymarket.com" } } //--><!]]]]><![CDATA[> //--><!]]>