U.S., Iran Trade Heavy Fire in Persian Gulf, Testing Fragile Ceasefire

The fresh fighting was the most intense in months and came at a time when diplomatic efforts have stalled.

Australia's Economic Growth Slows

Australian economic growth slowed in the first quarter of the year, when the central bank started raising interest rates and the Middle East conflict sent fuel prices surging.

S&P 500 Posts Longest Winning Streak in a Year