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According to Iranian state media, Iranian parliament speaker Ghalibaf said Iran will naturally charge a service fee for the Strait of Hormuz.

2026-06-18

According to Iranian state media, Iranian parliament speaker Ghalibaf said Iran will naturally charge a service fee for the Strait of Hormuz.

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2026-06-17

JPMorgan Asset Management says an AI investment surge and resilient consumer spending will sustain economic expansion. Firms' ramp-up of AI infrastructure spending is boosting momentum, while rising stock and house prices are creating a wealth effect

JPMorgan Asset Management says an AI investment surge and resilient consumer spending will sustain economic expansion. Firms' ramp-up of AI infrastructure spending is boosting momentum, while rising stock and house prices are creating a wealth effect that supports high‑income consumption. Chief global strategist David Kelly said the economy should strengthen by mid‑year, with income‑tax refunds and AI‑related spending as key near‑term growth drivers. Continued growth into Q4 hinges on further Washington fiscal stimulus; JPMorgan's baseline assumes Democrats retake the House, which it says would reduce the probability of new fiscal stimulus in 2027. Assuming tensions in the Strait of Hormuz ease, Kelly expects inflationary pressures to moderate through the rest of 2026 and into 2027 as energy costs fall, housing inflation cools and wage growth moderates. The team does not forecast a recession.
2026-06-18

US President Trump said Israeli Prime Minister Netanyahu can sometimes appear a bit excitable.

US President Trump said Israeli Prime Minister Netanyahu can sometimes appear a bit excitable.
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