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US Treasury Secretary Scott Bessent says economic statecraft policies will be guided in part by ensuring the nation addresses vulnerabilities to any adversary being able to curtail vital supplies. Bessent speaks at the Economic Club of New York.

"It is going to be a process," US Treasury Secretary Scott Bessent says about the state of negotiations with Iran during remarks at the Economic Club of New York.

The US issued a 60-day license allowing Iran to sell oil on the international market, giving Tehran an economic lifeline as the two adversaries continued talks for a permanent peace deal. Bloomberg's Abeer Abu Omar reports from Dubai.

US Commerce Secretary Howard Lutnick outlined concerns to ASML's senior leaders that one of its top-of-the-line machines may have made its way into China, in violation of US-led export restrictions. ASML has pushed back on Lutnick's suggestion, explaining that none of its extreme ultraviolet lithography machines are in China, according to people familiar with the talks. Bloomberg's Neil Campling reports.

US President Donald Trump said Intel will work alongside Apple to design and produce semiconductors domestically. Ed Ludlow reports on "Bloomberg Open Interest."

New Century Advisors Chief Economist Claudia Sahm argues the Federal Reserve's decision not to include the dot plot in its recent statement of economic projections was a mistake. She speaks on "Bloomberg Surveillance."

Initial claims decreased by 4,000 to 226,000 in the week ended June 13, according to Labor Department data as the Philadelphia Fed Index showed solid activity. Mike McKee reports on "Bloomberg Surveillance."

Traders piled into betting on interest-rate hikes as soon as next month after Federal Reserve Chairman Kevin Warsh clear the central bank won't tolerate high inflation. The hawkish message was driven home by the projections of individual Fed members. Bloomberg's Alister Bull reports.

President Trump has signed an interim deal to end the war with Iran and reopen the Strait of Hormuz, speeding up the timeline for the agreement to go into effect. Bloomberg's Abeer Abu Omar reports from Dubai.

President Donald Trump has signed an interim deal to end the war with Iran and reopen the Strait of Hormuz. Bloomberg's Michael Heath has more.