Bloomberg News

Welcome to Bloomberg’s new Banking Industry Monitor, bringing to you the top news on the global banking industry with emerging trends, winners and losers and market opportunities. Sign up: bloom.bg/4e65HY2 From the first edition: The war for talent and coping with regulators were recurring themes this week, along with signs that the drought in deal-making is still a drag on profits. Read more: bloom.bg/3HwT1NE

Despite the US strike on Iran, oil prices have remained relatively stable. Javier Blas joins Sarah Holder on the Big Take podcast to discuss how Iran’s retaliation could impact oil, and how a decade of investment in US shale has changed the calculus on oil prices and Middle East conflict https://trib.al/fFMFtjQ

Tesla’s self-driving taxis appeared to violate traffic laws during the company’s first day offering paid rides, with one customer capturing footage of a left turn gone wrong and others traveling in cars that exceeded posted speed limits. However, Elon Musk celebrated the start of Tesla’s robotaxi operations on Sunday, congratulating employees for what he said was a successful launch. Read more here: bloom.bg/45wP7yb

NEW: Donald Trump says Israel and Iran have agreed to a ceasefire beginning in about six hours

A divided Supreme Court lifted a judge’s order that required Trump’s administration to give people 10 days notice and a chance to object before they are deported to a so-called third country

Residential real estate brokerage Compass sued Zillow, alleging that the home-search website is using “anticompetitive tactics” with its plan to restrict certain listings.

The first heat wave of the year is set to send temperatures in the city soaring above 100F on primary day, just as the longest lines are expected at poll sites across the five boroughs.

NEXT MONTH: This year’s #BloombergGreen Seattle will spotlight groundbreaking strategies, policy shifts, and industry action—all aimed at accelerating meaningful climate solutions. Be part of the conversation that’s reshaping the climate agenda.🌍   https://bloom.bg/3GdTS5c

The Trump administration's push to slash regulation could fulfill one of Wall Street’s longstanding wishes: an easing of capital requirements for banks. Here's what to know.

A group of Harvard University alumni urged the school not to cave to the Trump administration’s demands as it restarts talks with the White House.