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ICE plans to spend $38.3 billion turning warehouses into detention centers The Washington PostTop House Democrat says Republicans' latest offer to fund DHS is ‘unserious' as shutdown looms - live The GuardianRepublicans Have Found the Real Victims of Trump's Effort to Build Mass Immigrant Detention Centers SlateICE reveals $38B plan for immigrant mega-jails AxiosICE Plans $38
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Feds investigating whether 2 ICE officers lied about the shooting of a Venezuelan man in Minneapolis AP NewsAgents Suspended After Their Story of Shooting an Immigrant Falls Apart The New York TimesICE officers on leave while feds investigate whether they lied about the shooting of a Venezuelan man in Minneapolis CNNNorth Minneapolis ICE shooting: DOJ dismisses charges against Venezuelan men FOX 9 Minneapolis-St. Paul
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AI search is replacing website visits with instant decisions. Here's why organic traffic is collapsing and what founders must do now to stay visible and competitive.
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UBS analyst Matthew Mish told CNBC that the artificial intelligence transformation is happening faster than he and his colleagues had previously anticipated.
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The department has sent Google, Meta and other companies hundreds of subpoenas for information on accounts that track or comment on Immigration and Customs Enforcement, officials and tech workers said.
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Wendy's will continue closing hundreds of stores through mid-2026 CNNWendy's closes US restaurants and focuses on value to turn around falling sales Yahoo FinanceTHE WENDY'S COMPANY REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS AND PROVIDES 2026 OUTLOOK The Wendy's Company - Investor RelationsWendy's Sales Dented by Persistent U.S. Struggles The Wall Street JournalWendy's closing hundreds of
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Expansion isn't a success guarantee. It's a tactic that requires careful strategy at every step.
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Carolyn Bessette-Kennedy: The true story behind the mysterious and tragic US icon BBC‘Love Story' Recreates a Tragic Romance The New York TimesA Guide to John F. Kennedy Jr. and Carolyn Bessette-Kennedy's Favorite New York City Restaurants VogueFX's ‘Love Story' Series Auditioned 1,000 Actors for a George Clooney-Like JFK Jr. YahooThe Passionate Tr
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Outside of the U.S. and Canada, Restaurant Brands' same-store sales climbed 6.1%.
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Profits were up as the fast-food giant focused on price-conscious customers. But the company said it would cut back on financial support for franchisees.
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Wednesday's selling carried into Thursday as investors continued to take a risk-off approach to markets following the Federal Reserve's latest policy announcement.
The central bank issued its third jumbo-sized rate increase yesterday and set expectations that it will continue to hike rates over its next few meetings. However, the Fed is not alone in its aggressive stance. Several global central banks have increased their benchmark rates this week in an ongoing effort to tame inflation, including the Bank of England and Switzerland's National Bank, which earlier today issued 50 basis point and 75 basis point rate hikes, respectively. (A basis point is one one-hundredth of a percentage point.)
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"Global equities are struggling as the world anticipates surging rates will trigger a much sooner and possibly severe global recession," says Edward Moya, senior market strategist at currency data provider OANDA. "Most of these rate hikes around the world are not done yet which means the race to restrictive territory won't be over until closer to the end of the year."
The reaction here at home was a selloff in bond prices, which sent yields on government notes spiking. The 10-year Treasury yield surged 19.2 basis points to 3.704% - its highest level since early 2011 - while the 2-year Treasury yield spiked 12.1 basis points to 4.116%, its loftiest perch since late 2007.
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As for stocks, the tech-heavy Nasdaq Composite
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