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Fed officials see a growing risk that inflation could stay higher for longer.
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Evercore strategists say as risks build for stocks, less-protected investors need more of these "all-weather" outperforming stocks.
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While dozens of states have taken legal action against the controversial industry, Minnesota is the first state to pass a law making it a felony for companies like Kalshi and Polymarket to operate.
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The listing gives public investors their first direct stake in Ackman's investment platform, which runs a concentrated portfolio of 10 large-cap names.
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