Markets
Treasury options market sees a wave of hedging for long-term rates to hit 5%, as the Iran war and the UAE's OPEC exit compound the inflation outlook ahead of the Fed's rate decision.
More from today's edition
Politics
A photograph of seashells is at the center of a stunning charge that the former FBI director crossed a red line, but critics see a politicized prosecution.
Markets
The surprise exit threatens the cartel's cohesion and sends crude prices higher, with the Iran war already tightening global supplies.
Foreign
Julie Davis's departure signals a growing rift between the administration and its own diplomats over aid to Ukraine, as Kyiv strikes another Russian oil refinery.