Trump Demands Iran Relent as US Aims to Calm Energy Markets

President Donald Trump demanded Iran capitulate in the war’s seventh day, suggesting a longer timeframe for the conflict even amid energy-market tumult and worries about whether the US has the military stockpiles to carry on the fight indefinitely. Trump called...

Trump Says Defense Firms to Quadruple Output of Some Weapons

President Donald Trump said the largest US defense manufacturers had agreed to boost production of some weapons following a meeting at the White House, amid worries that the war against Iran is depleting Pentagon stockpiles. “We just concluded a very good meeting with...

Fed’s Bowman Says Labor Market May Need More Support

Federal Reserve Vice Chair for Supervision Michelle Bowman signaled the weaker-than-expected February employment report has tilted her back to supporting additional interest-rate cuts. “I was fine with holding at our January meeting, but now that we’ve seen that the...

Putin Urges End to Hostilities in Call With Iran’s Pezeshkian

Russian President Vladimir Putin emphasized the need for an immediate halt to hostilities in the Middle East during a phone call Friday with Iranian President Masoud Pezeshkian, according to the state-run Islamic Republic of Iran Broadcasting. During the call, Putin...

Wall Street’s Safety Net Is Giving Way as Iran War Hits Markets

The Iran war rattled but didn’t break Wall Street this week. Instead it exposed the limits of diversification strategies built to cushion investors against chaos. Throughout the week, stocks and bonds repeatedly fell together as oil surged and the inflationary shock...