American Consumer Confidence Hits Record Low in May Economists Question Recovery Timeline Iran Standoff with US Intensifies as Trump Rejects Counteroffer Straining Global Energy Markets Tesla Stock Consolidates in Tight Range as Recovery From Deep Lows Continues Yardeni Warns New Fed Chair May Need to Raise Rates in July to Calm Bond Vigilantes MENA Leaders Highlight Housing as Economic Catalyst at Baku Urban Forum EU Parliament Approves Implementation of US Tariff Deal as Transatlantic Trade Tensions Persist White House Security Incident Secret Service Shoots Suspect Bystander Critically Injured Potential Market Impacts