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President Trump vowed to increase tariffs on cars, trucks, auto parts and steel to 50 percent starting Jan. 1, as the countries edged toward a full-blown trade war.
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Iran's rial currency hits new record low as US prepares to announce more sanctions AP NewsScott Bessent: an economic D-Day is coming for Iran Financial TimesBessent to speak as Trump administration expected to unveil new Iran sanctions CBS NewsUS-Iran war latest: Iran's currency drops to record low against dollar as US set to unveil ‘economic D-Day' CNN
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Nvidia says Groq racks will be online this year following $20 billion purchase CNBCSpaceXAI Adopts NVIDIA Vera CPU to Accelerate Agentic AI at Massive Scale NVIDIA NewsroomAgentX - InferenceXv3: Does CUDA Moat Hold up in Agentic Inferencing? SemiAnalysisNvidia says Groq 3 LPX now in full-scale production (NVDA:NASDAQ) Seeking Alpha
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Iran War Updates: U.S. to unveil new sanctions Trump said would hit Iran with an "economic D-Day" CBS NewsScott Bessent: an economic D-Day is coming for Iran Financial TimesU.S. to Unveil Broader Campaign to Cripple Iran's Economy The New York TimesIran's rial currency hits new record low as US prepares to announce more sanctions AP NewsBessent to unveil ‘economic D-Day' sanctions against Iran The Washington Post
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Speculators still see yields hitting new highs in 2026 and ending the year at levels elevated from where they're currently trading.
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Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due to the U.S.-Iran war and elevated oil prices.
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