Trump extends ceasefire; Fed independence emphasized at Walsh hearing; Google Cloud Next conference upcoming; CATL unveils fast-charging battery.

Written by Michael A. Johnson, Lead Editor & Market Strategist

Last-Minute Reversal: Trump Extends Ceasefire

On Tuesday after the US stock market closed, President Trump announced an extension of the ceasefire with Iran. This decision comes in light of "serious divisions" within the Iranian government.

Key Points

The ceasefire will remain in effect until Iran presents a unified negotiation proposal and completes negotiations.
During this period, the US military will continue its maritime blockade against Iran while maintaining a state of military readiness.

About the author

Michael A. Johnson

Michael A. Johnson, Ph.D. in Economics from Harvard University, brings 20 years of expertise in market forecasting and trading strategies. As a former chief economist at Morgan Stanley, he oversees Intellectia’s Top News section, delivering data-driven perspectives on global economic shifts.