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(Reuters) – Progress on bringing down inflation has “stalled” this year, Chicago Federal Reserve President Austan Goolsbee said on Friday, becoming the latest U.S. central banker to retreat from an earlier focus on the coming need for interest rate cuts. “Given the strength of the…
LONDON (Reuters) – Merchant ships and seafarers are increasingly in peril at sea as attacks escalate in the Middle East and the United Nations must do more to protect supply chains, the industry said in a letter released on Friday. Tensions have soared across the Middle East since the start…
Oil prices jumped overnight after explosions were reported near the Iranian city of Isfahan, but those gains dissipated Friday as officials sought to play down the latest escalation in Middle East tensions. Brent crude, the global oil benchmark, was down 0.4% at $86.8 per barrel, having earlier spiked more than 3%.…
USD/JPY whipsaws lower and then higher on alternating risk-on risk-off caused by Middle East tensions. Governor Ueda talks about defending the Yen from further weakness and currency-induced imported inflation. USD/JPY price chart shows bearish Hanging Man forming, boding ill for future price action. USD/JPY is trading in the 154.50s on…
The Telos Foundation, known for its influential contributions to blockchain technology, announced today at TOKEN2049 in Dubai its strategic partnership with Ponos Technology, a leading firm specializing in Zero Knowledge Proof (ZKP) research and development. This collaboration is set to pioneer the development of an end-to-end optimized, hardware-accelerated Ethereum Layer…
The US Treasury Department on Friday imposed sanctions on two organizations on Friday for fundraising on behalf of two violent Israeli extremists in the West Bank. The two groups – Mount Hebron Fund and Shlom Asiraich – established crowdfunding campaigns to raise thousands of dollars for Yinon Levi and David…
By Francesco Canepa WASHINGTON (Reuters) – Italy and France should cut spending…
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Hear why Trump might no longer have power to save Johnson House members are lobbying Speaker Mike Johnson to raise the threshold to trigger the procedure to oust the speaker. However, Johnson announced he would not change the procedure for removing him from the speakership after Republican hardliners reacted with fury to the proposed change of rules. A single member can force a floor vote on the motion to vacate – part of the deal Kevin McCarthy made to become speaker last year. The move would have helped ensure the Louisiana Republican’s job without needing Democrats to bail him out.…
The Biden administration on Friday will announce changes to Title IX, expanding protections for LGBTQ+ and pregnant students while overhauling controversial Trump-era guidance around how schools should handle sexual assault cases.…
A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. There is a major disconnect between two CNN stories…
Donald Trump’s campaign is asking Republican candidates and committees using the former president’s name and likeness to fundraise to give at least 5% of what they raise to the campaign, according…
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A Florida man returned from a trip to Switzerland with his wife last September to discover he was facing an…
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S&P Global cut its rating for Israel on Thursday as tensions in the Middle East escalate.Israel’s economy may suffer if there’s a broad and drawn-out conflict,…
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By Satoshi Sugiyama TOKYO (Reuters) – The Bank of Japan will raise…
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