Iran's economy; Trump's ballroom; Bond market : NPR

Key Points:

• The Trump administration plans to increase economic pressure on Iran to force negotiations over the Strait of Hormuz, with new sanctions expected to be announced by Treasury Secretary Scott Bessent on Monday, despite concerns these measures may deepen Iran's distrust of the U.S.
• The USS Abraham Lincoln is returning home after nine months at sea conducting U.S. military operations against Iran, involving around 5,000 sailors and Marines.
• The Supreme Court is set to rule on whether former President Trump can continue building a ballroom claimed to be part of an integrated military complex, following a legal challenge from the National Trust for Historic Preservation that argues congressional approval is required.
• Investors sold off stocks and bonds amid rising government debt yields reaching a nearly two-decade high, with the Treasury Department buying back bonds to stabilize markets; higher borrowing costs could lead to increased interest rates for consumers on loans and mortgages.
• Federal officials are managing wild horse populations on public lands in Western states by using helicopters to capture excess horses, many of which will be relocated to long-term holding facilities, a practice that raises controversy due to the permanent separation of horse groups.