The Fed and SEC are probing Goldman’s role in buying Silicon Valley Bank’s securities portfolio while it was working on a doomed capital raise before the bank’s failure, according to people familiar with the matter. https://ift.tt/EtQuF5x

Boris Johnson repeatedly misled British lawmakers over lockdown parties in Downing Street during the Covid-19 pandemic, a U.K. parliamentary committee concluded in an excoriating report. https://ift.tt/WHZIFjn

HarperCollins and KKR are among the bidders for Simon & Schuster, according to people familiar with the situation. https://ift.tt/jfBQ5tF

Further ECB Rate Rise Unlikely to Trigger Bearish Bond-Market Reaction https://ift.tt/1cKTywL

China Infrastructure Stocks Rise, Buoyed by Report of Coming Stimulus https://ift.tt/l7C9Goa

Gas Prices Ease for Summer Driving Season https://ift.tt/jdbnx4B

The Global Economy Looks Like It’s Out of Sync https://ift.tt/pICGS5b

Hidden Fees Exist Because They Work https://ift.tt/tAH69rU

Drilling Stocks Plunge on Bets for Oil Price Slump https://ift.tt/Ci5EL1c

Pepper…and Salt https://ift.tt/013LJKl