WorldUS and Iran Exchange Attacks After a Month; Apple Faces Leadership Change | The Pulse, Aug. 31, 2026

The US and Iran exchanged attacks for the first time in roughly a month, with American forces striking an island in the Strait of Hormuz and Iran attacking the United Arab Emirates and Jordan. Traders weighed the interest-rate outlook after Federal Reserve Chair Kevin Warsh’s hawkish inflation remarks at Jackson Hole, while John Ternus took up his new role as Apple CEO.