Hormuz Reopens, Fed Hardens

The biggest shift today is a fragile U.S.-Iran memorandum that could reopen a critical oil chokepoint while creating a whole new set of risks. At the same time, the Fed just got harder to read and more hawkish, which is exactly the combination markets hate.US-Iran memorandumHormuz toll fight and regional riskFederal Reserve communication shiftChina chips and HuaweiAI in K-12 classroomsOther developments to watchSources:Global News Podcast — Trump signs agreement to end war with IranUp First from NPR — Big Questions About US-Iran Deal, Trump Wraps G7 Summit, Georgia Primary ResultsWSJ What’s News — Warsh Faces First Big Test at FedFT News Briefing — Federal Reserve gears up for changeWSJ What’s News — A Hawkish Fed Signals Higher Interest Rates AheadThe Daily — The Battle Over A.I. in the ClassroomGlobal News Podcast — Trump warns Iran deal 'not final' ahead of signing on FridayThis podcast was created with Podkey. Make your own at https://podkey.fm