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Traders now think the Federal Reserve will keep steady interest rates, or perhaps even increase them, amid succession intrigue at the central bank.
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Gross domestic product expanded at a 2 percent annual rate in the first three months of the year, a period that included the first weeks of conflict in the Middle East.
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 Topic: RobocarsTags: forbes
Empty robotaxis and long drives without interventions make some imagine Tesla FSD is ready to deploy. The math may say the reverse.
Read more at Forbes.com in Tesla Cannonball Runs And Empty Robotaxis; The Math On Their Reality
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Hegseth spars with lawmakers as Iran war's price tag hits $25 billion The Washington PostTakeaways From Hegseth's Testimony on Iran War and His Tenure The New York TimesHegseth faces further grilling over Iran war strategy and costs - US politics live The GuardianSix takeaways from Hegseth's first hearing since Iran war started The Hill
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A key measure of inflation used by the Federal Reserve to set interest rates posted the biggest increase in March in almost three years, marking another major hurdle for a resilient but harried U.S. economy.
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Core inflation is too sticky for the Fed to ease and it's likely to remain that way until events in the Middle East stabilize, says Morgan Stanley.
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