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Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several ...
The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.
The June data still reflects only the early impact of Trump’s global trade war, which began in April when Trump imposed a 10 percent baseline tariff on imports from nearly all countries, with higher ...
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Asianet Newsable on MSNScott Bessent Says ‘Formal Process’ To Replace Fed Chair Jerome Powell Has BegunIn an interview with Bloomberg, Bessent provided a glimpse into the gears of change currently spinning within the Trump ...
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Investor's Business Daily on MSNStock Market Today: Dow Falls As Bessent Drops Key Cue On Tariff Deadlines; Nvidia Hits New Highs (Live Coverage)The Dow Jones index wavered Tuesday after the CPI inflation report. Nvidia stock surged on AI chip sales to China.
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