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The United States is again exchanging strikes with Iran, just days after the president appeared to reject plans to escalate.
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President Trump threatened retribution after Iran fired missiles at U.S. military bases in Jordan. Strikes by U.S. and Saudi warplanes on Iranian-linked militias in Iraq were a further escalation after a lull.
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The Fed held interest rates steady, but long-term Treasury yields jumped. Investors are questioning whether he will act forcefully enough on inflation.
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The kingdom faces a choice of whether to keep hitting back as a deterrent or to try to de-escalate the situation.
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Microsoft broke ranks — and the troubled stock was handsomely rewarded Wednesday evening.
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Hundreds of political, legal and other figures signed a public letter warning that Jordan's close alliance with the United States poses a risk.
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