Morning News: June 3, 2026

Oil Rises as Hostilities Flare Overnight in the Persian Gulf

Oil’s Hormuz Alternatives Offer Only a Partial Fix

Even if Oil Prices Peak Soon, the Global Economy Will Slow This Year

OECD Warns of Severe Global Slowdown If Middle East Conflict Is Prolonged

Bank of Japan Could Raise Rates Even If Mideast Uncertainty Persists

Wealthy Russians See Empires Crumble as Putin Seizes Assets

Trump Begins Rebuilding His Tariff Wall Citing Forced Labor

U.S. Proposes New Duties Over Forced Labor in Renewed Tariffs Push

No Wonder Everyone’s Rallying Around This Terrible Idea

Warsh Pledges to Follow Best of Fed’s Traditions, While Also Looking for Change

Warsh Names Two Conservative Policy Veterans as Interim Fed Advisers

The Federal Reserve Requires Better Communication, Not Less

Berkshire Is Breaking With Buffett’s Playbook

Greg Abel Puts His Stamp on Berkshire Hathaway With Pair of Megadeals

Market-Research Firm AlphaSense Clinches $7.5 Billion Valuation in New Funding Round

Revolut Founder Is Building a Launch Pad for a $76 Billion Fortune

New Intelligence Role Puts Bill Pulte’s Housing Agenda in Doubt

DeSantis’ Plan to Gut Property Taxes Is a Soviet Power Grab

Thoughts on Improving a Struggling Housing Market

The Share of Corporate Directors Over Age 70 Is Skyrocketing

Europe Wants to Be Less Reliant on American Tech. Here’s Its Plan.

What’s Driving Trump’s Big A.I. Pivot

Meta’s “AI Layoffs” Are a Bullish Sign of More Meta Hiring

SpaceX’s Capital Needs Are Out of This World

$3.6 Million an Hour—and Other Ways to Measure Elon Musk’s Fortune

Nvidia CEO Pitches ‘Insane’ AI Returns to Billionaire Families

GameStop Posts Higher Profit, Launches $2 Billion Buyback Program

AkzoNobel Shares Plunge After Sherwin-Williams, Nippon Paint Drop $14.5 Billion Bid

CBS News Fires Scott Pelley of ‘60 Minutes’

A Psychedelics Revival Is Overdue

With Stephen Curry Deal, Li-Ning of China Shoots for Global Sneaker Spotlight

Congress Wants to “Fix” College Football. What Could Go Wrong?

Pride Groups Plan for a Future Without Some of Their Biggest Corporate Sponsors

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Posted by on June 3rd, 2026 at 7:11 am


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