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US Treasury Secretary Bessent says in interview with CBS to expect to see real wage gains as soon as June, also comments he is hopeful gas prices drop to USD 3/gallon by Labor Day and notes that gas prices are a little stickier on the way down

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Says:Wages and inflation discrepancy is short-term spike.

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Eli Lilly (LLY) Q2 2026 (USD): Adj. EPS 8.38 (exp. 6.01), Revenue 23bln (exp. 20.7bln)

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Geopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement