US, Iran may resume talks as early as next week in Islamabad: WSJ

CHI FED'S GOOLSBEE Q&A/BBG: JOBS OFF THE WORRY LIST 'FOR THE MONTH;' INFLATION PROGRESS COULD HELP 'RATES CAN COME DOWN' BUT 'LESS OPTIMISTIC' NOW #Goolsbee #FederalReserve #economy Fed’s Goolsbee: It would be wrong to think rate cuts are the only option ahead of the Fed

I am pleased to announce that there will be a THREE DAY CEASEFIRE (May 9th, 10th, and 11th) in the War between Russia and Ukraine. The Celebration in Russia is for Victory Day but, likewise, in Ukraine, because they were also a big part and factor of World War II. This Ceasefire will include a suspension of all kinetic activity, and also a prison swap of 1,000 prisoners from each Country. This request was made directly by me, and I very much appreciate its agreement by President Vladimir Putin and President Volodymyr Zelenskyy. Hopefully, it is the beginning of the end of a very long, deadly, and hard fought War. Talks are continuing on ending this Major Conflict, the biggest since World War II, and we are getting closer and closer every day. Thank you for your attention to this matter! President DONALD J. TRUMP

This report presents the Federal Reserve Board’s current assessment of the stability of the U.S. financial system. By publishing this report, the Board intends to promote public understanding by increasing transparency around, and creating accountability for, the Federal Reserve’s views on this topic. Financial stability supports the objectives assigned to the Federal Reserve, including full employment and stable prices, a safe and sound banking system, and an efficient payments system. A financial system is considered stable when banks, other lenders, and financial markets are able to provide households, communities, and businesses with the financing they need to invest, grow, and participate in a well-functioning economy—and can do so even when hit by adverse events, or “shocks.” Fed Survey respondents put geopolitical risks in top spot in spring 2026 survey, up one notch from fall 2025 survey. AI climbs to no. 3 from no. 5; private credit climbs to no. 4 from no. 9. Inflation/tightening drops to no. 5 from no. 3