Business News Update — June 21, 2026 6 PM Eastern

Clockwise Business News — The Federal Reserve's new communication strategy is sparking market volatility, with yields on the 10-year Treasury jumping recently. This is Clockwise business news, 6 PM Eastern. New Fed Chair Kevin Warsh has sharply reduced the central bank's forward guidance, aiming for less market dependency. Analysts warn this could lead to more pronounced swings in stock and bond prices. Global oil prices dipped below $80 a barrel this week, following a tentative US-Iran deal and the reopening of the Strait of Hormuz.