- Vice President JD Vance, who led the U.S. delegation to Islamabad, said Sunday
that the Iran’s refusal to end its pursuit of nuclear weapons was the key
sticking point.
- Oil prices are sharply higher after President Donald Trump said yesterday that
the U.S. will blockade the Strait of Hormuz. Following Trump’s announcement,
U.S. Central Command confirmed in a post on X that its forces would “implement a
blockade of all maritime traffic entering and exiting Iranian ports” starting at
10 a.m. ET today.
- Goldman Sachs kicked off a big week of bank earnings this morning, posting a
beat on both the top- and bottom-lines for its first quarter. The numbers were
boosted by record equities trading results and higher-than-expected revenue from
its investment banking business.
- Anthropic is dominating the artificial intelligence industry. After the AI
startup released its new Mythos model — which specializes in identifying
Cybersecurity flaws in software — Federal Reserve Chair Jerome Powell and
Treasury Secretary Scott Bessent met with CEOs from major U.S. banks to discuss
potential cyber risks caused by Mythos.
