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An empty road leading to the horizon forks in two directions at two empty road signs – symbol for traffic, freedom, possibilities or the way of life …

This summer will be decisive for the economy and Wall Street

NEW YORK, NEW YORK – JUNE 23: Traders work on the floor of the New York Stock Exchange during morning trading on June 23, 2025 in New York City. Stocks opened slightly up as the market reacts to the U.S. striking three nuclear sites in Iran over the weekend, raising fears of an increase in oil prices. (Photo by Michael M. Santiago/Getty Images)

Stock futures signal fresh highs as tax cuts advance in Senate while Trump balks at extending tariff deadline

Zohran Mamdani, New York City mayoral candidate, during a campaign event at the NAN House of Justice in the Harlem neighborhood of New York, US, on Saturday, June 28, 2025. The 33-year-old Queens assemblyman is seeking to consolidate support ahead of the November election, where he’ll face off against incumbent Mayor Eric Adams and potentially his chief rival in the primary, Andrew Cuomo, both of whom would run on independent tickets. Photographer: Adam Gray/Bloomberg via Getty Images

Zohran Mamdani doesn’t think there should be billionaires but would work with them as NYC mayor and denies being a communist

WASHINGTON, DC – JUNE 27: U.S. President Donald Trump answers questions during a press conference on recent Supreme Court rulings in the briefing room at the White House on June 27, 2025 in Washington, DC. The Supreme Court ruled 6-3 that individual judges cannot grant nationwide injunctions to block executive orders, including the injunction on President Trump’s effort to eliminate birthright citizenship in the U.S. The justices did not rule on Trump’s order to end birthright citizenship but stopped his order from taking effect for 30 days. (Photo by Joe Raedle/Getty Images)

Trump says U.S. could send letters setting tariff rates rather than extend deadline—‘Dear Mr. Japan, here’s the story’

US Federal Reserve Chair Jerome Powell smiles as he speaks at the Economic Club of Chicago in Chicago, Illinois, on April 16, 2025. US President Donald Trump’s tariffs will likely push up prices and constrain growth, and could put the US Federal Reserve in the unenviable position of having to choose between tackling inflation and unemployment, Powell said Wednesday. US markets fell following Powell’s remarks, with the tech-rich Nasdaq Composite down 3.4 percent at around 12:50 pm local time in Chicago (1750 GMT). (Photo by KAMIL KRZACZYNSKI / AFP) (Photo by KAMIL KRZACZYNSKI/AFP via Getty Images)

A shadow Fed chief could lead to a ‘revolt’ at the FOMC against Powell’s successor, former vice chair warns

MIAMI, FLORIDA – MAY 12: A For Sale sign sits in front of a home on May 12, 2025 in Miami, Florida. Reports indicate that pending home sales declined by almost 20% in March and April in Miami and Fort Lauderdale, with Palm Beach experiencing a nearly 10% drop-off. Miami suffered the most significant decline, with a 17.4% drop compared to last year. (Photo by Joe Raedle/Getty Images)

Falling home prices are raising the risk of a deeper correction as the housing market cracks under high mortgage rates

A television broadcasts US President Donald Trump during a NATO press conference on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, June 25, 2025. Wall Street’s torrid rebound from April’s meltdown is showing some signs of exhaustion on speculation stocks have run too far amid economic and geopolitical risks. Short-dated Treasuries outperformed. Photographer: Michael Nagle/Bloomberg via Getty Images

This overlooked risk to financial markets usually lurks quietly under the surface. But now it’s ‘shouting, not whispering’

A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on June 23, 2025. Oil prices surged in early trade on June 23, after the United States joined Israel’s campaign against Tehran’s atomic programme by bombing Iranian nuclear sites. (Photo by TIMOTHY A. CLARY / AFP) (Photo by TIMOTHY A. CLARY/AFP via Getty Images)

The S&P 500 has retaken all-time highs. Here’s how much European and Chinese stocks raced ahead while U.S. markets regained lost ground

A picture taken on July 21, 2019, shows Iranian Revolutionary Guards patrolling around the British-flagged tanker Stena Impero as it’s anchored off the Iranian port city of Bandar Abbas. – Iran warned Sunday that the fate of a UK-flagged tanker it seized in the Gulf depends on an investigation, as Britain said it was considering options in response to the standoff. Authorities impounded the Stena Impero with 23 crew members aboard off the port of Bandar Abbas after the Islamic Revolutionary Guard Corps seized it Friday in the highly sensitive Strait of Hormuz. (Photo by Hasan Shirvani / MIZAN NEWS AGENCY / AFP) (Photo credit should read HASAN SHIRVANI/AFP via Getty Images)

The Strait of Hormuz is a critical choke point for global energy markets, but there are ways to get around it

NEW YORK, NY – JULY 04: F-22 Raptors and a B-2 Stealth Bomber (C) fly over the Hudson River during the “Salute to America” military flyover on July 4, 2020 in New York City. (Photo by James Devaney/Getty Images)

Dow futures drop 150 points while oil prices jump after the U.S. bombs Iran’s nuclear sites and widens Mideast conflict

WASHINGTON, DC – JUNE 21: (EDITOR’S NOTE: This Handout image was provided by a third-party organization and may not adhere to Getty Images’ editorial policy.) In this handout provided by the White House, U.S. President Donald Trump and Secretary of State Marco Rubio (R) sit in the Situation Room as they monitor the mission that took out three Iranian nuclear enrichment sites, at the White House on June 21, 2025 in Washington, DC. According to the Pentagon, three of Iran’s nuclear sites sustained “severe damage” from the U.S. strikes. (Photo by Daniel Torok/The White House via Getty Images)

U.S. attacks on Iran resemble a ‘TikTok-style war’ and may be peak military involvement, geopolitical expert says

LOS ANGELES, CALIFORNIA – JUNE 20: Vice President JD Vance speaks to the press following a tour of the multiagency Federal Joint Operations Center at the Wilshire Federal Building on June 20, 2025 in Los Angeles, California. Vance’s visit to Los Angeles comes after a series of federal immigration raids that have sparked sometimes violent protests and compelled the Trump administration to activate members of the California National Guard and bring in U.S. Marines against the wishes of local official and the state’s governor. (Photo by Scott Olson/Getty Images)

JD Vance says Iran is ‘clearly not very good at war’ and should seek peace while declaring the U.S. has ‘no interest’ in ground troops

ARLINGTON, VIRGINIA – JUNE 22: Chairman of the Joint Chiefs of Staff Air Force Gen. Dan Caine discusses the mission details of a strike on Iran during a news conference at the Pentagon on June 22, 2025 in Arlington, Virginia. U.S. President Donald Trump gave an address to the nation last night after three Iranian nuclear facilities were struck by the U.S. military. (Photo by Andrew Harnik/Getty Images)

Oil prices could spike 10% after the U.S. attack on Iran — ‘But don’t be fooled, this may not last’

TEHRAN, IRAN – JUNE 18: (EDITOR’S NOTE: This Handout image was provided by a third-party organization and may not adhere to Getty Images’ editorial policy.) In this handout image provided by the Office of the Supreme Leader of Iran, Iranian Supreme Leader Ali Khamenei addresses the nation in a state television broadcast on June 18, 2025 in Tehran, Iran. In the address, he said the Iranian people would never surrender and that “any form of US military intervention will undoubtedly be met with irreparable harm.”(Photo by Office of the Supreme Leader of Iran via Getty Images)

How could Iran respond to the U.S. attack on key nuclear sites? Its options are the ‘strategic equivalent of a suicide bombing,’ expert says

Young woman feeling shocked about rising grocery prices on the bill in the supermarket

Bad ‘vibes’ may be having a bigger impact on the economy now