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The latest reporting, context, and analysis from the Business desk.
Stocks and oil prices settle as the president shifts tone, but analysts wonder how long the pause will last
President Donald Trump announced a two-week ceasefire with Iran following days of escalating rhetoric, including threats of total destruction. The move has calmed financial markets, but experts on all sides express skepticism about its durability and intent.
Donald Trump praised Hungarian Prime Minister Viktor Orban during a recent campaign event in Budapest, where JD Vance also voiced support. The backing comes as Orban faces a close election and criticism over democratic backsliding, while analysts debate the implications of the alliance between the two figures.
President Trump has fired Attorney General Pam Bondi, reportedly frustrated that she resisted efforts to turn the Justice Department into a tool for political retaliation and to downplay investigations tied to figures like Jeffrey Epstein. The decision opens a high-stakes battle over her successor and raises concerns about the independence of federal law enforcement.
