Irans Defiance and Trumps Rejection Extend Middle East Conflict Raising Geopolitical Risk Wholesale Inflation Surges 6 Annually in April Marking Sharpest Rise Since 2022 US Job Growth Exceeds Expectations in April But Report Flags Underlying Economic Concerns Consumer Pessimism Persists Americans Remain Downbeat on Economy Amid Lingering Inflation and Shocks State Regulators Challenge Prediction Markets Amid Federal Oversight Debate Bitcoin Edges Lower as Geopolitical Hopes Clash with Persistent ETF Outflows US Dollar Strengthens to Near SixWeek High Amid Rising Geopolitical Tensions with Iran