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Warsh pledged Tuesday to "get monetary policy right" and defeat the inflation that has bedeviled the central bank for the past five years.
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Inflation Slowed to 3.5% in June, as Americans Got a Break From Gasoline Prices WSJInflation falls for the first time in six years, as Fed Chairman Warsh prepares to face Congress CNNConsumer inflation rate falls for the first time since 2020 Los Angeles TimesCPI Report Live Updates: Inflation Cools to 3.5% Annually as Oil Prices Drop The New York TimesInflation cools more than expected in June as gas costs fall, underlying prices ease AP News
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Citation Capital has held a $1.2bn final close for its inaugural private equity fund, making it one of the largest first-time buyout vehicles raised in recent years despite a difficult fundraising environment for new managers.
The post Citation Capital closes $1.2bn debut fund as emerging manager bucks fundraising headwinds appeared first on AltAssets Private Equity News.
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New York to impose nation's first statewide data center moratorium, Hochul orders Syracuse.comNew York becomes first state to impose one-year pause on new AI datacenters The GuardianNew York to Enact Nation's First Statewide Moratorium on Data Centers The New York TimesHochul to approve nation's first state-level data center pause Politico
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Annual inflation hit 3.5% in June, down from May's more than three-year high — but the resumption of the conflict with Iran threaten to push up inflation as energy costs once again spike.
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Companies have been getting more out of employees for several years. Tight labor markets, digitization and remote work are among the reasons.
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E. Jean Carroll Receives $5.6 Million Payment From Trump in Civil Case The New York TimesE. Jean Carroll receives $5.62 million sex abuse, defamation payment from Trump after years-long wait CBS NewsCourts reject Trump's Hail Mary bids to avoid paying E. Jean Carroll PoliticoUS appeals court rejects Trump's latest bid to delay paying E Jean Carroll $5.8m The GuardianE. Jean Carroll officially receives more than $5M from Trump in sexual abuse and defamation judgment
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Acurio Ventures has held the final close of its debut venture capital secondaries fund on €115m, two years after the Spain-based investor rebranded from All Iron Ventures.
The post Acurio Ventures closes €115m debut VC secondaries fund, two years after rebrand from All Iron Ventures appeared first on AltAssets Private Equity News.
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A trust fund that helps to finance Social Security benefits is expected to run out of money in less than seven years — unless Congress acts to patch the system before that.
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