Treasury, IRS Propose Rules On Trump Account Investments

"No More Mr. Nice Guy": US Strikes, Seizes Iranian Cargo Ship Trying To Break Blockade Summary Trump renews threats if no deal is reached: "No More Mr. Nice Guy" Trump says U.S. struck and seized Iranian-flagged cargo ship in Gulf of Oman Tanker traffic through the Strait of Hormuz has ground to a halt after multiple incidents (Iran renewed threats to close the Bab al-Mandeb Strait) Vance to lead negotiations with Iran, along with Witkoff and Kushner, on Tuesday or Wednesday "We are still far from the final discussion,"  said speaker of the Iranian parliament Ghalibaf US...

Iranian media reported on Monday that the attack on oil facilities in the UAE’s port of Fujairah was the result of US “adventurism” in the Strait of Hormuz. “Iran had no pre-planned intention to attack the Fujairah oil facilities,” an Iranian military official told the Iranian broadcaster IRIB. “The incident resulted from US military adventurism […]

Trump Speaks With Qatar Emir As Pakistani-Led Iran Peace Push Intensifies US-Iran de-escalation hopes drove crude oil and rates lower and put a bid in equities by the end of Friday's trading day, amid speculation that President Trump would stay at the White House over Memorial Day weekend instead of attending Donald Trump Jr. and Bettina Anderson’s wedding celebrations in the Bahamas. "As Iran/oil/rates pressure eased on de-escalation hopes, leadership rotated toward small caps, equal weight, housing, transports, discretionary, and selective defensive growth, with short covering in high short-interest/profitless tech and...