News

According to Iranian state television, citing local officials, a U.S. aircraft was destroyed near Bushehr, Iran. This news has not yet been confirmed by the United States.

Dominic LeBlanc, Canada’s Minister of Intergovernmental Affairs: Over the past few months, my colleagues and I have met with industry representatives and provinces and territories to ensure an agreement is reached that is in the best interests of Canadian businesses and workers.

Canadian Intergovernmental Affairs Minister Dominic LeBlanc: The Canadian government is determined to continue negotiations with its U.S. and Mexican partners in the upcoming joint review of the U.S.-Canada-Mexico Agreement.

According to the Financial Times: Amazon (AMZN.O) senior vice president Dave Treadwell told employees earlier this week that the rankings were created with "good intentions."

According to the Financial Times: Amazon (AMZN.O) canceled artificial intelligence rankings to stop employees from pursuing usage scores.

U.S. President Trump: (Commenting on the Iran conflict) We have all the leverage. Iran was defeated militarily.

The Dow Jones Index closed up 24.69 points, or 0.05%, at 50668.97 points on May 28 (Thursday);The S&P 500 Index closed up 43.3 points on May 28 (Thursday) 1 point, or 0.58%, to 7563.67 points;The Nasdaq Composite Index closed up 242.74 points, or 0.91%, to 26917.47 points on Thursday, May 28.

The United States has added some Iran-related oil tankers to its sanctions list.

The United States issues a general license allowing negotiations for Lukoil International sales and the conclusion of a provisional contract.

The U.S. Treasury Department updates its Iran-related sanctions list.

The U.S. Treasury Department issues general licenses related to Russia.

Fed's Barkin: Some areas related to artificial intelligence are showing inflationary pressures.

Shoigu, Secretary of the Security Council of the Russian Federation, told Russian media on the 28th that the Russian armed forces’ attack on Kiev, the capital of Ukraine, “may be launched at any time.”

Fed's Barkin: Strong earnings mean there's little incentive to lay off workers.

Investment Company Institute (ICI): The size of money market funds increased to $7.785 trillion, a fourth consecutive week of growth.

When asked whether he asked Fed Chairman Warsh to cut interest rates at breakfast, U.S. Treasury Secretary Bessent avoided answering and only said that he had never made such a request to Powell.

U.S. Treasury Secretary Bessent: In the 41 breakfasts he had with former Fed Chairman Powell, he never asked him to lower interest rates.

U.S. Treasury Secretary Bessent: Had breakfast with new Federal Reserve Chairman Warsh on Thursday.

U.S. Treasury Secretary Bessent: The United States is an artificial intelligence superpower.

U.S. Treasury Secretary Bessent: We are balancing innovation and security through an executive order on artificial intelligence.