Oil falls as Trump reiterates Iran war ‘should’ end soon and Israel-Lebanon truce lifts hopes

Oil prices fell after Donald Trump said Israel and Lebanon had agreed to a 10-day ceasefire following talks in Washington.
Trump says war in Iran is going ‘swimmingly’ and ‘should be ending pretty soon’

President Donald Trump’s latest prediction on the end of the war against Iran came hours after Israel announced a ceasefire with Lebanon.
Senate overturns Boundary Waters protections, a boon for Chilean mining company

The vote to allow mining near the protected wilderness area came over the objection of Democrats and two Republicans.
Trump says gas prices ‘not very high’ as most U.S. voters blame him for price spike

Trump touted the rising stock market as he brushed off concerns that Americans are laboring under higher gas prices as a result of the Iran war.
Brent oil price near $100 again with U.S.-Iran talks uncertain and Hormuz still blocked

Just a few tankers are passing through the Strait of Hormuz, as the U.S. Navy blocks Iran’s coast and Tehran threatens to retaliate against ships in the Gulf.
The ‘debasement trade’ has driven gold to new heights. Wells Fargo’s bull case calls for $8,000 an ounce

“We’re in the 4th debasement cycle that started in 2022,” wrote Wells Fargo Securities’ Ohsung Kwon.
Why the stock market is hitting records despite Iran war

The S&P 500 closed at an all-time high even with little apparent progress in a peace deal between the U.S. and Iran, and a continued oil-supply disruption.
Trump nominates Erica Schwartz as CDC director

The CDC has been going through turmoil and several leadership shakeups under HHS Secretary Robert F. Kennedy Jr.
‘Buy the verdict’: Josh Brown shares why he’s all in on Live Nation, and two other stocks he likes

Josh Brown told investors to buy the Live Nation verdict as the entertainment company can weather a court ruling over monopolistic practices.
Google will let users connect their photos to the Gemini chatbot and Nano Banana

Linking Gemini directly to a user’s photo library represents a bigger step in the AI chatbot link to private information.