Guilfoyle Resigns as US Ambassador to Greece Over Ethics Probe

Guilfoyle posted a lengthy statement on Fox thanking President Trump and Secretary of State Marco Rubio while denying what she called false accusations. The Wall Street Journal reported that she had asked for or accepted money in exchange for access and influence with the administration.

White House press secretary Katie Zacharias announced the resignation at her debut news conference, giving Guilfoyle's departure added prominence and raising questions about the timing.

The US Embassy in Riyadh issued a level three advisory urging Americans to reconsider travel to the kingdom. The escalating threat comes from Iran-backed Houthis in Yemen, which have intensified missile and drone attacks targeting infrastructure across Saudi Arabia.

The militants have struck not only the capital but also the oil-rich Eastern Province, including Dammam, where major Saudi Aramco facilities are located. The campaign reflects broader ongoing tensions between the United States and Iran.

The Yemen-based militants have expanded their strike pattern beyond Riyadh to reach the Eastern Province, including Dammam, where Saudi Aramco's major installations sit. This geographic expansion signals a shift toward targeting the kingdom's economic backbone.

As security risks mount, Citigroup's Chief Financial Officer Gonzalo Luchetti announced the bank is allowing staff to work remotely under contingency plans and taking steps to ensure their well-being. The move reflects the escalating threat that prompted the US travel warning.

The Wall Street Journal, however, reported that Chinese entities shipped Iranian drone and missile parts, while Bloomberg News reported Iran may have rearmed with Russian weapons during last summer's ceasefire, contradicting the president's characterization.

The case centers on whether DOGE can obtain internal agency records as part of Elon Musk's government efficiency initiative.

Street Natarajan noted that revenues and earnings across business lines have been phenomenal, and JPMorgan even boosted its net interest income outlook.

The market reaction was decidedly mixed. JPMorgan shares rose about 1 percent, but Wells Fargo fell nearly 1 percent and Citigroup dropped nearly 2 percent, suggesting investors are weighing the strong results against other concerns about the banks' performance and outlook.

The Philadelphia Semiconductor Index fell 2.5 percent as investors questioned whether the technology industry's massive artificial intelligence capital expenditure can be sustained. Hundreds of billions of dollars have been raised for the AI trade across both equity and debt markets this year, but doubts about the durability of the spending spree have driven a broad selloff.

Strategist Matt Bloxham noted that capital remains plentiful to support buildout through at least 2027 and 2028, suggesting the near-term runway for spending is secure even as longer-term questions persist.

Apple stock rose 1 percent on the announcement.

Elon Musk's goal is to achieve more than one launch per hour within less than a decade. SpaceX shares fell more than 4 percent on the announcement.