Circle Internet Group makes a stunning entrance on the NYSE, with its stock soaring beyond expectations. Meanwhile, the U.S. Treasury imposes significant sanctions on an Iranian shadow banking network, aiming to disrupt Tehran's financial operations. Plus, insights into the Federal Reserve's interest rate outlook as it navigates economic challenges. Join us for these stories and more on Simply News Radio.

Sources:

https://www.electronicpaymentsinternational.com/news/circle-nyse-debut/

https://seekingalpha.com/news/4455959-circle-stock-surges-triple-digits-after-strong-public-debut

https://home.treasury.gov/news/press-releases/sb0160

https://www.fincen.gov/news/news-releases/fincen-issues-advisory-highlighting-iranian-oil-smuggling-shadow-banking-and

https://www.fincen.gov/sites/default/files/advisory/2025-06-06/FinCEN-Advisory-Illicit-Oil-Smuggling-508.pdf

https://ofac.treasury.gov/recent-actions/20250606

https://www.jns.org/us-sanctions-iranian-shadow-banking-network-laundering-billions/

https://www.investopedia.com/trump-demands-super-sized-federal-reserve-interest-rate-cut-11749848

https://fortune.com/article/cd-rates-6-6-25/

https://www.cbsnews.com/news/will-mortgage-rates-fall-after-feds-june-meeting/

https://www.federalreserve.gov/monetarypolicy/reserve-balances.htm

https://www.aol.com/finance/when-is-next-fed-meeting-140116750.html