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Investors piled on bets for higher borrowing costs after Kevin Warsh opted against providing policy guidance at his first meeting as Federal Reserve chairman.
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Just hours after Apple CEO Tim Cook said price hikes would be needed to cover the cost of microchips, the producers of those semiconductors pushed markets in South Korea and Taiwan to record highs.
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Kevin Warsh's debut Financial TimesWarsh Overhauls How the Fed Talks and Keeps Markets Guessing on Rates WSJFed holds interest rates steady and hints at future rate hike NPRStock futures rise as Wall Street tries to rebound from Fed-led sell-off; Intel leads chips higher: Live updates CNBC
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4 Takeaways From England's World Cup Win Over Croatia FOX SportsKane and Bellingham put on a show in England's thrilling win over Croatia ESPNWorld Cup 2026: England v Croatia goals, highlights & reaction BBCThomas Tuchel's England half-time talk that turned around their World Cup opener The New York Times
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Traders are waiting for U.S. and Iranian officials to meet in Switzerland on Friday, when they are expected to sign an initial agreement and begin a 60-day cease-fire.
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U.S.-Iran deal sparks record highs for Asian stocks, drags on oil ReutersSee more headlines & perspectives on Google News
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