Yesterday, oil prices surged in response to the president's announcement that the U.S.-Iran ceasefire was over. Today, we dig into this morning’s dip in oil prices, responses from the bond market, and what it all could mean for future moves by the Federal Reserve. Plus, major artists like Meghan Trainor, Post Malone, and the Pussycat Dolls have canceled summer tours. These cancellations come as the costs of going on tour have climbed and as fans become more careful about where they spend.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.Stories featured in this episode:How the economics of touring have changed for indie bands

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“What did the council decide on item 42?” — answered with the speaker and the moment.