Conservative cleric Ebrahim Raisi elected Iran's president

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Conservative cleric Ebrahim Raisi elected Iran's president
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Hardliner Ebrahim Raisi easily won Friday's presidential election in Iran, recording 62% of the vote with more than 90% of ballots counted.Why it matters: Currently the head of Iran's judiciary, Raisi is a close confidant of Supreme Leader Ali Khamenei and has the support of the Islamic Revolutionary Guard Corps (IRGC). His victory solidifies him as a leading candidate to succeed Khamenei, though Friday's low turnout speaks to the disillusionment of many Iranian voters.Stay on top of the latest

After so much drama and many police visits, she got the upper hand. Who would’ve thought that a small piece of paper has such power?There’s no rest for Federal Reserve Chairman Jerome Powell. After hashing it out with fellow policymakers, now he's talking things out with lawmakers. The Fed Chief back on Capitol Hill - virtually, that is - tops the Reuters Business Calendar for the week of June 21.1. The Fed's learning momentsMarkets get another dose of Mr Powell on Tuesday.

Lawmakers on The House Judiciary Committee will vote on six anti-trust bills aimed at limiting the power of America's tech giants. Two of the bills take aim at how big companies like Amazon and Alphabet, the parent of Google, create platforms for other businesses to use...and then compete against those same businesses. Another bill would force tech companies to let consumers take their data with them when they transfer to a competing tech platform.

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