Sunday's News Links

[AP] US attacks Iran over ship being hit in Strait of Hormuz; Tehran responds by hitting Arab states

[Reuters] Iran expands attacks on Gulf states after US strikes, says Strait of Hormuz closed

[Reuters] US says it struck 140 Iranian military targets Saturday

[Axios] U.S. and Iran trade strikes after IRGC declares Strait of Hormuz "closed"

[Reuters] From space rocks to smartwatches, AI millionaires rewrite the luxury playbook

[Reuters] US Postal Service raises stamp price to 82 cents

[Reuters] Japan to push its massive pension fund to boost alternative investments, Nikkei says

[Bloomberg] Hormuz Route Open Despite Iran Declaration, Maritime Group Says

[Bloomberg] Warsh and US Inflation Will Set Tone for July Fed Decision

[Bloomberg] Graham’s Death Sets Up Senate Succession Drama in South Carolina

[NYT] Live Updates: Iran Targets Gulf States After Night of Intense U.S. Strikes

[NYT] Hard-Liners in Iran Want to Keep Fighting America

[WSJ] Aspiring to Regional Domination, Iran Is Ready to Escalate Over Hormuz

[WSJ] War Leaves Economy With More Stubborn Inflation, Economists Project

[FT] Knives out at US Supreme Court as justices’ squabbles go public

Saturday's News Links

[Reuters] Wall St Week Ahead Investors to grapple with packed week of earnings, CPI, Iran headlines

[AP] Trump and Iranian leader trade threats as mediators try to save crumbling deal

[Axios] Iran's supreme leader pledges revenge for his father's assassination amid Trump death threats

[Axios] U.S. gives Iran Saturday deadline to publicly renounce Hormuz attacks

[AP] New York Times reporters are subpoenaed after Air Force One reporting, newspaper says

[Axios] Apple sues OpenAI over trade secrets

[Reuters] SK Hynix CEO sees worst memory shortage in 2027, demand to outstrip supply beyond 2030

[Reuters] Two dead, 19 wounded as Russia strikes Ukraine with missiles, drones

[Bloomberg] Iran Rejects US Talks as Trump Issues Fresh Threat to Tehran

[Bloomberg] Fed Task Force Picks Bring Credibility and Support for Warsh

[NYT] Times Journalists Subpoenaed as Trump Escalates Pressure on Media

[NYT] Shippers Face Deepening Dilemma as U.S. and Iran Vie for Control of the Strait

[WSJ] Trump Administration Increasingly Pessimistic of Clinching Iran Nuclear Deal

[FT] Donald Trump ups the pressure on US companies in drive to lower prices

[FT] Inside the risky race through the Strait of Hormuz

[FT] Prepare for a perilous summer in markets

[FT] China braces for back-to-back typhoons as extreme weather risks rise