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Oil prices and stock markets fluctuated as investors assessed tentative signs of a pact to extend a cease-fire.
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Asia's defense summit opens with China and doubts about US priorities topping concerns AP NewsChina's low-key presence at Asia defence forum a lost opportunity, Australia says ReutersChina Minister Again Skips Defense Forum Attended by Hegseth Bloomberg.comAsia security summit opens with US strategy in focus amid Iran war Nikkei Asia
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A Citadel strategist looked at prediction market changes during the Memorial Day long weekend to calculate market moves.
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Patrick Harker, Wharton Professor of Operations, Information, and Decisions, and former President of the Philadelphia Federal Reserve Bank, reflects on Jerome Powell's tenure leading the Federal Reserve through the pandemic, inflation concerns, and political pressure, while also examining what Kevin Warsh's leadership could mean for monetary policy, Fed independence, and the U.S. economy moving forward. Hosted on Acast. See acast.com/privacy for more information.
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Oil tumbles, stocks gain on US-Iran deal hopes ReutersOil drops 20% from 2026 peak on optimism over U.S.-Iran ceasefire talks CNBCOil prices fall on hopes of Strait of Hormuz reopening Financial TimesOil Edges Lower at Open on Tentative Deal to Extend Iran Truce Bloomberg.com
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Live Updates: Vance says it's "still TBD" whether Trump will sign a U.S.-Iran deal, as both sides try to extend truce CBS NewsIran War Updates: U.S. Officials Say They Are Closing In on Arrangement to Reopen Strait of Hormuz The New York TimesUS and Iranian negotiators reach tentative deal to extend ceasefire and start new nuclear talks AP NewsU.S., Iran nearing deal to end war and reopen Strait of Hormuz The Washington Post
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Vance says U.S. and Iran are "very close" to a deal AxiosLive updates: Tentative US-Iran deal needs Trump's sign-off CNNIran war live: Tehran, Trump yet to comment on 60-day truce extension plan Al JazeeraUS and Iranian negotiators reach tentative deal to extend ceasefire and start new nuclear talks AP News
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With Caesars Deal, Tilman Fertitta Doubles Down on Vegas Comeback WSJCaesars Entertainment, a Las Vegas Strip icon, is sold for $5.7 billion to Fertitta FOX5 VegasWhat Tilman Fertitta's pending purchase of Caesars Entertainment means for Las Vegas KSNVCaesars Entertainment to be bought by Fertitta Entertainment in $17.6 billion
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At least 3 dead, 5 hurt after large explosion destroys Dallas apartment building, officials say CBS NewsThree killed, including child, in Dallas apartment explosion and fire NBC 5 Dallas-Fort WorthExplosion and fire at a Dallas apartment building kills at least 3 people, including a child Dallas NewsAt least 3 dead and more victims could be found after explosion levels Oak Cliff apartment complex
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