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OpenAI offers 17.5% minimum return in JV in a bid to lure in PE firms; several PE firms are in talks for minority stakes in OpenAI and Anthropic JVs, sources say

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Today's market highlights

A selection of stories drawing attention in the market.

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Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

Geopolitics

US Treasury official says the latest removal of sanctions on Iran is not indicative of any shift in US policy toward the Government of Iran, Fox's Heinrich reports

Fed

Fed's Kashkari (2026 voter, Hawkish dissenter) says now is the time to start slowly moving up rates, but not calling for dramatic rate hikes