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U.S. stock markets closed mixed on Wednesday as the U.S.-Israel attack on Iran showed no signs of de-escalation. Crude oil prices remained elevated due to severe supply concerns from the Middle East. Earnings reports and key inflation data came in mixed and failed to enthuse market participants. The Dow and the S&P 500 ended in...

A change has come to the Iranian government. While airpower alone is unlikely to take down the regime, it will never be the same again. Over the past few decades, theocrats have steadily weakened the republican elements of the government, but the theocrats themselves have been surpassed by the Islamic Revolutionary Guard Corps. And as...