JUST IN: $180,000,000 worth of crypto longs liquidated in the past 60 minutes.

Pre-orders for Grand Theft Auto VI will officially begin on June 25 on digital storefronts and at other select retailers. Check out the official cover art, also available as downloadable artwork at rockstargames.com/VI

BREAKING: Iran has published the fully executed Memorandum of Understanding with the US, with the agreement now officially in force.

BREAKING: The S&P 500 falls over -1% after Kevin Warsh concludes his first meeting as Fed Chairman.

The market is dropping in response to the Fed's first meeting with Kevin Warsh as Fed Chair for one key reason: We will have far less information going forward. During the press conference today, Fed Chair Warsh announced that the Fed has "dropped" forward guidance. He even hinted that the "dot plot" could be changed or eliminated along with all forms of Fed communication, such as the policy statement and press conferences. In other words, the market will now have less Fed outlook which means more uncertainty. On top of this, the five new "task forces" established by Warsh were said to have grand objectives with minimal guidance on what to expect. As markets have repeatedly proven, uncertainty and volatility go hand-in-hand. The new era of Fed policy will come with more volatility.

SUMMARY OF FED DECISION (6/17/2026): 1. Fed leaves rates unchanged for the 4th straight meeting 2. 9 out of 18 officials expect at least one rate hike this year 3. Fed lowers its median 2026 US GDP projection from 2.4% to 2.2% 4. Fed now sees PCE inflation not returning to its 2% target until 2028 5. Fed says inflation "remains elevated" relative to their goal 6. Today's Fed decision was reached in a unanimous 12-0 vote The Fed appears to be bracing for more inflation.

JUST IN: 🇺🇸🇮🇷 US-Iran deal allows Iran to immediately sell oil.

BREAKING: SpaceX shares jumped 20%, adding $412 billion in market value yesterday