Bloomberg Podcasts · US Tells Iran ‘Clock Is Ticking’; Aaron Rai Wins PGA Championship | Bloomberg Daybreak: US Edition

1. 1. President Trump warned Iran that "the clock is ticking" in a social media post, as both the US and Iran remain far apart on a peace deal.
2. 2. A drone attack over the weekend sparked a fire at a civilian nuclear plant in the United Arab Emirates, although no radiation leaks or injuries were reported.
3. 3. Following President Trump's Beijing summit, China agreed to buy at least $17 billion of US agricultural goods per year through 2028 and establish boards of trade and investment.
4. 4. New York's Long Island Rail Road (LIRR) faced a strike affecting up to 300,000 commuters, forcing them to find alternative ways to get to work.
5. 5. President Trump's endorsements and opposition significantly impacted Republican primaries, leading to Senator Bill Cassidy's defeat and his current campaigning against Congressman Thomas Massie in Kentucky.
6. 6. Aaron Rai, a 31-year-old Englishman with 290-to-1 odds and no prior top-15 major finishes, won the PGA Championship by three shots.
7. 7. Global bond markets, particularly the long end, are "behaving badly" due to huge bond supply, increasing fiscal deficits, and the Iran war, which central banks have little control over.
8. 8. Veteran market strategist Ed Yardeni warned the Federal Reserve must eliminate its easing bias and adopt a tightening policy to avoid losing control of borrowing costs.
9. 9. Uganda postponed an annual religious holiday due to an Ebola outbreak, with concerns escalating as the WHO labeled it a public health emergency.
10. 10. Austin, Texas police arrested three suspects in connection with at least 10 random shootings over the weekend, which left four people injured.