> US INTELLIGENCE AGENCIES HAVE WARNED THE TRUMP ADMINISTRATION THAT NETANYAHU IS LIKELY TO TAKE STEPS UNDERMINING TRUMP’S EFFORT TO REACH A LASTING PEACE DEAL WITH IRAN, DRIVEN BY ISRAELI PRESSURE TO KEEP FIGHTING IN LEBANON | PER WAPO

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> NO NEW TIME SET YET. THE TRIP SIGNALS WASHINGTON STILL WANTS THE 60-DAY TRACK ALIVE AFTER THIS WEEK’S MOU, EVEN AS FIGHTING IN LEBANON TESTS THE DEAL. VANCE HAD DELAYED HIS OWN SWITZERLAND TRIP THURSDAY.

DEVELOPING.

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> TRUMP ENVOY WITKOFF IS HEADING TO SWITZERLAND FOR POTENTIAL IRAN TALKS, DAYS AFTER THE ROUND WAS POSTPONED OVER ISRAEL‑HEZBOLLAH ESCALATION | PER AXIOS

NO NEW TIME SET YET. THE TRIP SIGNALS WASHINGTON STILL WANTS THE 60‑DAY TRACK ALIVE AFTER THIS WEEK’S MOU, EVEN AS FIGHTING IN LEBANON TESTS THE DEAL. VANCE HAD DELAYED HIS OWN SWITZERLAND TRIP THURSDAY.

DEVELOPING.

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> IRAN'S TOP JOINT MILITARY COMMAND SAYS STRAIT OF HORMUZ CLOSED DUE TO ALLEGED U.S. AND ISRAELI VIOLATIONS OF CEASEFIRE MOU

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> VANCE: NO EVIDENCE IRAN IS CLOSING STRAIT OF HORMUZ -FOX NEWS

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> IRAN'S TOP JOINT MILITARY COMMAND SAYS STRAIT OF HORMUZ CLOSURE IS 'FIRST STEP' AND WARNS OF FURTHER MEASURES IF THE 'AGGRESSION CONTINUES'

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> IRAN'S TOP JOINT MILITARY COMMAND SAYS STRAIT OF HORMUZ WILL BE CLOSED TO VESSEL TRAFFIC -MEHR

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> IRAN'S FARS, CITING FOREIGN MINISTRY SPOKESPERSON, SAYS IRANIAN DELEGATION WILL TRAVEL TO SWITZERLAND TO FOLLOW UP AND DEMAND FULFILLMENT OF OTHER PARTY'S COMMITMENTS

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> IRAN'S FOREIGN MINISTRY SPOKESPERSON SAYS ADHERED TO OUR COMMITMENTS, AND THE U.S. IS OBLIGATED TO FORCE ISRAEL TO STOP ATTACKING LEBANON

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> IRAN'S REVOLUTIONARY GUARD CORPS IRGC SAYS STRAIT OF HORMUZ IS CLOSED TO ALL VESSELS

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> IRAN'S IRGC WARNS VESSELS NOT TO APPROACH STRAIT OF HORMUZ, SAYS THEIR SECURITY WOULD OTHERWISE BE AT RISK -STATEMENT

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> RAY DALIO SAYS US STOCKS COULD DELIVER -5% TO -10% REAL RETURNS OVER THE NEXT 5-10 YEARS, WARNS THE MARKET IS DANGEROUSLY CONCENTRATED IN A HANDFUL OF AI NAMES

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> JUST IN: 🇺🇸🇮🇷 PRESIDENT TRUMP SAYS THERE WILL BE NO TOLLS IN THE STRAIT OF HORMUZ "UNLESS THEY ARE IMPOSED BY AND FOR THE UNITED STATES OF AMERICA."

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> JUST IN: ELON MUSK SAYS THE TREASURY SHOULD "SEND MONEY DIRECTLY TO THE PEOPLE" IN AN AI-DOMINATED WORLD.

"MY PREDICTION IS THAT WE WILL DESPERATELY BE FIGHTING DEFLATION."

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> JUST IN: 🇯🇵 JAPAN'S NATIONAL BUSINESS CORPORATE PENSION FUND TO ALLOCATE 1% OF ITS ASSETS TO CRYPTOCURRENCIES.

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> US SMALL BUSINESSES WORRIED ABOUT THE ECONOMY:

THE NFIB SMALL BUSINESS OPTIMISM INDEX FELL -0.6 POINTS IN MAY, TO 95.3, THE LOWEST SINCE OCTOBER 2024.

YEAR-TO-DATE, THIS FIGURE HAS DECLINED -4.2 POINTS, ALREADY SURPASSING THE 2025 FULL-YEAR DECREASE OF -3.3 POINTS.

THE % OF SMALL BUSINESS OWNERS EXPECTING BETTER BUSINESS CONDITIONS HAS DECLINED -21 PERCENTAGE POINTS THIS YEAR, TO 3%, THE LOWEST SINCE OCTOBER 2024.

FURTHERMORE, JUST 7% OF SMALL FIRMS BELIEVE IT IS A GOOD TIME TO EXPAND, ALSO THE LOWEST SINCE OCTOBER 2024.

ALL WHILE TAXES, INFLATION, AND LABOR COSTS REMAIN THE MOST CITED PROBLEMS AMONG SMALL BUSINESS OWNERS.

OUTLOOK AMONG US SMALL BUSINESSES IS BLEAK.

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> IRAN’S PRESIDENT SAYS THE COUNTRY WILL NEVER GIVE UP ITS RIGHT TO ENRICH URANIUM, HARDENING TEHRAN’S STANCE | PER STATE MEDIA

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> JUST IN: 🇺🇸 PRESIDENT TRUMP SAYS THE US HAS THE "BEST ECONOMY EVER" WITH RECORD JOBS NUMBERS AND STOCK MARKET.

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> JUST IN: MICHAEL SAYLOR HINTS AT BUYING MORE BITCOIN.

"LOOKS BETTER WITH MORE DOTS."

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