U.S. Launches "Heavy Wave" of Strikes Inside Iran -- CENTCOM Hits Dozens of IRGC Targets Including Command Centers and Drone Facilities on Qeshm Island
The United States did not attack Iran overnight, producing a competing signal of possible restraint. Oil markets will weigh those developments together when electronic trading resumes.
The United States completed an eleventh consecutive night of strikes against Iran as the conflict continued expanding across military bases and shipping routes.
Iran expanded its retaliation into Saudi Arabia on Saturday, increasing the danger facing American forces and critical infrastructure throughout the Gulf.
America ends Thursday with a resilient economy, but one increasingly divided between strong infrastructure investment and households facing thinner financial margins.
TSMC announced an additional $100 billion investment in Arizona. The commitment brings the company’s planned U.S. investment to approximately $265 billion.
Renewed military escalation between the United States and Iran has placed the Strait of Hormuz, global oil supplies, and energy security at the center of the new week’s geopolitical and economic outlook.
As the weekend continues, the dominant economic themes remain remarkably consistent: long-term investment, disciplined execution, and continued modernization across American industry.
America returns to work following the Independence Day holiday with attention shifting back to business, financial markets, and the week's economic calendar.
The Independence Day holiday provides a natural pause, revealing the focus on modernization, infrastructure investment, enterprise AI, and resilient long-term capital spending.