Stock Futures Are Falling, Oil Rising After New Strikes Over Strait of Hormuz

The U.S. says the strait is open to shipping traffic, but Iran said it's closed.

Warsh's First Big Call: Whether to Undo Last Year's Cuts

A steadier economy and stubborn inflation have put a rate increase in play. The new chairman, who testifies this week, hasn't tipped his hand.

The Quarter-Trillion-Dollar Onslaught of AI Bonds Is Testing Investors' Limits