



JPMorgan Chase CEO Jamie Dimon says he would not buy long-dated Treasurys even if inflation cools to the Federal Reserve's target, pointing to deficits and geopolitical strain. His warning lands the same week the S&P 500 has returned nearly 10% this year and Wall Street banks reported blockbuster trading revenue.

A federal judge has paused Paramount's attempt to take control of Warner Bros. Discovery, days before the company hoped to seal the deal. The temporary restraining order throws the timeline, and the future shape of the media industry, into doubt.

A federal judge in California has frozen Paramount Skydance's proposed takeover of Warner Bros. Discovery for 14 days, siding with a 12-state coalition that argues the deal would hand one company control over nearly a third of American film and cable programming. The ruling injects fresh uncertainty into a $110 billion transaction already racing against a self-imposed September deadline and a $7 billion penalty clause.

A proposed 10-day US-Iran ceasefire has reversed a sharp oil rally, but a Houthi blockade on Saudi Arabia is keeping traders from fully exhaling.

Oil prices reversed a sharp rally and dipped below $87 a barrel on Monday as a reported 10-day U.S.-Iran cease-fire proposal collided with news of a Houthi blockade against Saudi Arabia. Stock futures wobbled in sympathy, exposing how fragile the current pricing of Gulf risk has become.

U.S. Central Command reports two American personnel died in Iranian drone and missile attacks on a military facility in Jordan.

As earnings season opens, investors are pricing artificial intelligence capital spending as the dominant force behind equity gains, not energy markets. The shift raises questions about how durable this year's rally really is if AI investment slows.

Less than 24 hours after a tanker was struck near the Strait of Hormuz, President Trump told reporters in Ankara that the ceasefire with Iran is over, following US strikes on more than 80 targets inside the country. Oil spiked as much as 8 percent, the Dow dropped more than 600 points at its low, and the Treasury Department revoked its authorization for Iran to sell crude on the global market, all in the space of a single trading day.