The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. 

President Donald Trump said the US would probably launch further strikes on Iran and could resume a blockade on the country’s ports, ratcheting up pressure on Tehran and raising the prospect of a return to all-out war. “We hit them very hard last night,” Trump said Wednesday on the sidelines of the NATO summit in Ankara, Turkey. “Probably hit them hard again tonight.” 

Today’s episode features: 

• Will Todman, CSIS Chief of Staff of the Geopolitics and Foreign Policy Department and Senior Fellow of the Middle East Program on Iran latest 
• Stephanie Roth, Chief Economist at Wolfe Research, reacts to Fed minutes, weighs in on US consumer and inflation 
• Emile Servan-Schreiber, CEO at Hypermind on his Bloomberg Opinion piece: Prediction Markets Work Without Money 
• Shirin Ghaffary, BN AI Reporter, Sridhar Natarajan, BN Chief Wall St Correspondent, and Katherine Doherty, BN Finance Reporter on BofA Bankers U-Turn on OpenAI Loan in Bid to Secure Spot on IPO