"Late Spring Buyer Rush": US Pending Home Sales Just Surged By The Most In Almost 2 Years

US Navy Jet Fires On Iran-Flagged Tanker Trying To Reach Iranian Port Summary US Navy jet fires on Iran-flagged tanker trying to reach Iranian waters & port. Axios reports that the White House is nearing a preliminary deal with Iran to end the war, as Trump post appears to offer olive branch. Other reports say just hammering out at 'framework' for 'monthlong' talks. White House says it expects a response to the latest offer within 48 hours. Iran's initial response via media & national security spox: US demands are unrealistic & do not reflect...

Watch Live: Kevin Warsh's First Press Conference As Fed Chair Warsh's first press conference as Fed Chair is likely to be the most important event risk of the meeting. With The Fed leaving rates unchanged as practically 100% expected (with no dissents), and a very hawkish signal sent from the 'Dots', the question on everyone's lips is simple: "What Will Warsh Do?" (WWWD?) Will he shift to a cautiously hawkish path citing a resilient labor market, higher growth and soaring inflation... ...or will he reiterate the current easing bias as support for the lower...

28.8 Million Queries: The AI Heist That Tripped No Alarms Authored by Joseph Hoefer via RealClearDefense, When we picture intellectual property theft, we picture a break-in. A hacker slips past the firewall, copies the source code, and disappears. So, when an American AI company tells Congress that China just pulled off the largest extraction campaign it's ever recorded, the natural assumption is that someone cracked the vault. Nobody broke in. And that's exactly what makes this threat so difficult for Washington to address. Last week, Anthropic told the Senate Banking Committee that operators...