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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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U.S.-Iran War Latest: Oil prices surge as Trump aims to reinstate Strait of Hormuz blockade, U.S. to add fees CBS NewsOil prices off highs after Trump abandons 20% fee on Strait of Hormuz traffic CNBCTrump Backs Off 20% Fee for Strait of Hormuz Shipments Bloomberg.comTrump retreats from shipping toll, limits blockade in Strait of Hormuz The Washington Post
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Brent crude climbs after US responds to Iranian attacks on tankers with fresh round of strikes
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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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China Purges Top Official Over Corruption and Sex Charges The New York TimesChina expels Politburo member Ma Xingrui in Xi's anti-corruption campaign AP NewsChina purges third Politburo member in deepening anti-graft drive ReutersChina Expels Former Politburo Member Over Graft and Sex Charges Bloomberg.com
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IBM stock plummets more than 25% on Q2 earnings warning Yahoo FinanceIBM stock craters 23% after issuing second-quarter earnings warning CNBCSoftware Stocks Sink as IBM Miss Delivers ‘Devastating Blow' Bloomberg.comIBM warns AI boom is squeezing software budgets; shares sink in sector rout Reuters
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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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Chief executive Arvind Krishna says company ‘faltered' as clients raced to buy servers and storage
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U.S. and Iran Reignite War Over Strait of Hormuz: Iran Live Updates The New York TimesUS military hits targets across Iran in hours leading up to resumption of naval blockade Fox News'Enough Is Enough': Lawmakers Criticize Trump Over Resumption of Iran War Time MagazineUS attacks Iran and Tehran retaliates across the Middle East, threatening a return to all-out war AP NewsAmerica's Latest Weapon Against Iran: Sea Drones
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Brent crude, the international benchmark, breached $85 per barrel for the first time in a month.
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France vs. Spain odds, prediction, time: 2026 World Cup semifinal picks from expert on 19-7 run CBS SportsLamine Yamal: Spain, France semifinal my 'most important match,' I'm not afraid ESPNFrom The Sports Desk: Spain, France meet in star-studded World Cup semifinal NBC NewsMbappe, Dembele and Olise give France the edge over Spain in the 2026 World Cup semifinals Fox News
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Cyclospora, the ‘Explosive Diarrhea' Parasite, Cases Reported in at Least 31 States: See the Map TODAY.comCan washing produce help prevent cyclosporiasis? What experts recommend. The Washington Post4 in NC now hospitalized with diarrhea-causing bug; most cases are in Wake County WRAL‘Lettuce or Salad Greens' Identified as Potential Source of Cyclospora Outbreak The New York Times
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Fed Chair Kevin Warsh says central bank has 'no tolerance' for elevated inflation Fox BusinessWarsh pledges Fed policy 'regime change' to rid inflation 'tax' on American people CNBCWarsh: Price Stability Is When Households ‘Don't Have to Think About' Price Changes WSJFed's Warsh stays mu
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Erling Haaland's insane $10K Western purchases in private shopping spree during World Cup revealed Yahoo SportsErling Haaland goes viral (again) for his unique US souvenir Euronews.comYup, Erling Haaland Paired His Designer Bag With a Taxidermy Raccoon GQErling Haaland's Choice of World Cup Souvenir Is So On-Brand and So American Sports Illustrated
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OpenAI is breaking Silicon Valley's unwritten code. That's why Apple is so angry. Business InsiderApple says former employee exploited ‘rare' bug to download confidential files after leaving for OpenAI Yahoo FinanceThe 6 wildest claims in Apple's lawsuit against OpenAI The VergeOpenAI's Feud With xAI Carries On as Apple Secrets Fight Revs Up Bloomberg.comApple and OpenAI's lawsuit is a reminder that not everything
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Parents can now open a tax-advantaged savings account online, but only certain children qualify for the government's $1,000 contribution.
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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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Researchers Claim to Have Solved the Perplexing ‘Reverse Sprinkler' Problem That Stumped Feynman The New York TimesSolution to Feynman's reverse sprinkler puzzle also applies to "silly sprinklers" Ars Technica'Silly sprinklers' put in reverse to further unravel decades-old physics puzzle Phys.orgNYU Researchers Identify Physical Mechanisms Behind Reverse Sprinkler Motion geneonline.com
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Who will win the 2026 FIFA World Cup? Here's what AI predicts Al JazeeraThe World Cup's final four is set. Here's what you need to know before the final week CNNWorld Cup 2026: After 100 matches, the semifinals belong to soccer's heavyweights Yahoo SportsYour cheat sheet to the teams headed to the World Cup semi-finals NPR
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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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In remarks prepared for the appearance, Warsh promised a vigilant fight to return inflation to the Fed's 2% target.
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Warsh to say Fed has ‘no tolerance' for high inflation but provides no hints on next move AP NewsWatch Fed Chairman Kevin Warsh testify live to House Financial Services committee CNBCWarsh Tells Congress the Fed Has ‘No Tolerance' for High Inflation WSJFed's Warsh to appear before Congress after tentative steps away from Trump Reuters
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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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Joan Sebastian Guerrero: What we know about man killed by ICE in Biddeford, Maine WMTWLive updates: ICE shootings in Biddeford, Maine, and Houston spark outcry CNNMan killed by ICE agent in Maine was hardworking father originally from Colombia The Boston GlobeICE to temporarily stop conducting vehicle stops, sources say ABC News - Breaking News, Latest News and VideosMaine ICE Shooting: What We Know About the Death of Joan Sebastian Guerrero The New York Times
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Despite some encouraging signs, millions of Americans are still struggling with credit-card debt — sometimes to pay for the most basic needs.
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Dinosaurs are selling for millions. Do collectors know what they're buying? Financial TimesA T. rex found in South Dakota could smash auction records — and possibly disappear forever CNNGus to become priciest dinosaur - but scientists have a bone to pick The TelegraphSale of multimillion-dollar T rex skeleton is big headache for scientists The GuardianSotheby's Big T. Rex Auction Raises Concerns Hype and Wealth Are Upending Science WIRED
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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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Oil rises as US-Iran hostilities escalate and investors go into ‘risk-off' mode
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European private equity entered the second half of 2026 with improving dealmaking and a rebound in headline exit values, but the fundraising market remains under significant pressure as limited partners continue to concentrate commitments among a shrinking pool of established managers, new research from PitchBook shows.
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Leading investment platforms say banks and brokers are looking to boost retail participation in upcoming launches
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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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