Market News Today — AI-Curated Stock & Crypto Headlines

The David Rubenstein Show: Charlie Scharf

Wells Fargo Chairman & CEO Charlie Scharf says the independence of the Federal Reserve is "critically important" to the US …

ECB Officials See June Hike If Energy Prices Don’t Ease First

European Central Bank policymakers are likely to raise interest rates at their next meeting in June unless there are positive …

Iran’s supreme leader vows to prevent ‘enemy’s abuses’ of Hormuz strait

Mojtaba Khamenei says Iranians will defend their nuclear capabilities as a ‘national asset’

Yen soars amid reports that Tokyo intervened to support currency

Japan’s finance minister had issued ‘final’ warning to speculators

King Charles’s truths to power

Cicero would have applauded the royal message for the US president — even if JD Vance held back

Bond investors brace for ‘volatile’ Fed transition as Powell stays on

Kevin Warsh will be trying to shift central bank’s approach at time of deep division, say fund managers

Powell vows to keep ‘low profile’ as Fed governor

Also in today’s newsletter, political violence in the US isn’t just rising — it’s broadening

ECB holds interest rates at 2% as inflation rises

Policymakers warn risks to economy from energy shock driven by Middle East conflict have ‘intensified’

Bank of England holds rates at 3.75% but says ‘ready to act’ if needed

Monetary Policy Committee says borrowing costs may need to rise if energy shock continues to hit global economy

Eli Lilly profits more than double as weight-loss drug sales soar

First-quarter sales of medication Zepbound increased 80 per cent to $4.2bn

OPEC+ Delegates Expect Another Symbolic Supply Hike Without UAE

OPEC+ is likely to agree another symbolic production increase for June, in the group’s first move since the surprise departure …

Meta Kicks Off Bond Offering After Boosting Spending Outlook

Meta Platforms Inc. is tapping the investment-grade bond market again, six months after raising $30 billion in one of the …