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Iran War Live Updates: Israel and Hezbollah Exchange Strikes, Complicating Possible Iran Peace Agreement The New York TimesDeath toll rises to 3 in Israeli strike targeting Hezbollah in Beirut apartment block The Times of IsraelIsrael carries out air strikes on Lebanon, state media says, as Iran claims deal with US near BBCIsrael Bombs Beirut Citing Hezbollah Drones as US-Iran Near Deal Bloomberg.comIsrael continues strikes in Beirut's souther
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UK seizes Russian shadow fleet vessel in Channel politico.euUK intercepts Russian ‘shadow fleet' tanker for first time CNNBritish forces intercept Russian shadow fleet tanker in the Channel CBCUK Forces Seize Russian Shadow Fleet Oil Tanker The New York TimesBritain detains sanctioned oil tanker believed to be linked to Russia's shadow fleet NPR
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How Amazon and the White House ended Anthropic's Fable AxiosInside the whirlwind 24 hours that led the White House to slap export controls on Anthropic PoliticoAnthropic suspends all access to Mythos model after US government bans foreign nationals use CNNTrump Administration Reignites Its Feud With Anthropic Over Latest A.I. Models The New York TimesAmazon CEO's Talks With U.S. Officials Triggered Crackdown o
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Donald Trump Eviscerated for Defiling D.C. With Tacky UFC Spectacle The Daily BeastTrump's UFC 80th birthday bash looks to rescue his tarnished macho image CNNFrom ‘human cockfighting' to the White House lawn: the stratospheric rise of the UFC's Dana White The GuardianHere's how weather could impact the UFC Freedom 250 Fight on the White House lawn WUSA9Trump turns 80 with a showstopping spectacle of cage fights at the White House. But big issues loom
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UK boards and seizes Russian shadow fleet tanker in English Channel Al JazeeraBritain detains sanctioned oil tanker believed to be linked to Russia's shadow fleet NPRUK armed forces intercept Russian shadow fleet in Channel, PM says BBCBritish armed forces intercept Russian shadow fleet vessel in Channel The GuardianUK says its forces int
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Anthropic had 90 minutes to take down Fable after Trump admin demand AxiosInside the whirlwind 24 hours that led the White House to slap export controls on Anthropic PoliticoWill Anthropic Offer Claude Fable 5 Refunds? ForbesHow Amazon and the White House ended Anthropic's Fable AxiosTrump Administration Reignites Its Feud With Anthropic Over Latest A.I. Models The New York Times
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Spike Lee, Timothée Chalamet, Ben Stiller Celebrate Knicks' NBA Finals Win: "Way Rather This Than the Oscars" The Hollywood ReporterWatch Spike Lee celebrate as Knicks win first NBA title in 53 years USA Today"Timothée Is Like a Muse": How Chrome Hearts and Timothée Chalamet Collaborate On His Courtside Knicks 'Fits VogueJust Timothée Chalamet Stripped Off His Shirt While Celebrating the Knicks and Then Ran Down an Empty Hallway Cosmopolitan
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Anthropic shuts down Mythos access after sweeping U.S. order Los Angeles TimesInside the whirlwind 24 hours that led the White House to slap export controls on Anthropic PoliticoAnthropic suspends all access to Mythos model after US government bans foreign nationals use CNNHow Amazon and the White House ended Anthropic's Fable AxiosTrump Administration Reignites Its Feud With Anthropic Over Latest A.I. Models
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Heavy losses for AI-linked stocks overshadow gains across rest of market
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Anxiety got the better of Wall Street on Tuesday, with the stock market tumbling ahead of tomorrow's policy announcement from the Federal Reserve.
Many of Wall Street's top minds are weighing in on how big the Fed rate hike will be. Among them is Brad McMillan, chief investment officer for Commonwealth Financial Network, who, like almost everyone, believes the central bank will hike rates by 75 basis points. A basis point is one-one hundredth of a percentage point.
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"Where things get interesting is in the follow-up comments, where the market tries to parse what this means for the Fed's policy decisions through the rest of the year," McMillan says, referring to the press conference Fed Chair Jerome Powell will hold immediately after the announcement. "Expectations are very hawkish, and the Fed can come out just as expected and still be more dovish than expected. That likely limits the market downside from this meeting and just may provide some upside going forward."
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But today, investors envisioned higher rates ahead, which weighed on bond prices - and sent the 10-year Treasury yield up 7.2 basis points to 3.561%, its highest perch since 2011.
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Broad selling was seen in the equities mar
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