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White House press secretary tells CBS ‘we'll sue your ass off' if it edits Trump interview The Guardian‘We'll Sue': White House's Warning to CBS Is Sign of a New Media Status Quo The New York TimesRead the full transcript of Tony Dokoupil's interview with President Trump here CBS NewsLeavitt told CBS News that Trump would sue if his interview was cut short on air: Reports
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Somali businesses struggle during the Minneapolis ICE crackdown PoliticoSomalis Fled Civil War and Built a Community. Now They Are a Target. The New York TimesInside the Somali-Led Resistance to Trump's Assault on Minneapolis The InterceptUS trashed Somalia, can we really scold its people for coming here? Responsible StatecraftOregon Somali community speaks out on state of fear amid ICE raids in M
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Google just announced a huge change to Gmail. Here's what you need to know PennLive.comA.I. Has Arrived in Gmail. Here's What to Know. The New York TimesGemini introduces Personal Intelligence blog.google
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Booming demand from speculators and industrial players alike has created the "perfect storm" for the white metal.
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Treasury Secretary Scott Bessent said the U.S. was not at risk of entering a recession in 2026 and that Americans would soon benefit from Trump's policies.
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Topic: Going GreenGovernancePoliticsBill Gates recently posted his new thinking on Climate Change declaring we've been thinking about it the wrong way. His article is sending shockwaves, some agreeing, some feeling he has betrayed the cause, and some like Trump declaring this is proof that climate change was a hoax. I definitely agree with Gates here (and not Trump, obviously) but his revelation speaks to something even bigger than climate change, and hints at what may be the greatest mistake in global political discussion about a wide range of topics, not just climate. We've been doing it wrong, and are paying a terrible price.
Gates' thesis is that the general climate community has been overstating the case for climate change. It's a major, serious problem, which he has personally done far more to address than almost anybody, but it's not the civilization-ending emergency crisis it is often painted as. This has stopped us from allocating our resources wisely to fight the true big problems like poverty and disease, which will do far more harm to people than even the worst that global warming threatens. The way to combat climate change not simply to stop emissions (which is good) but to give people the economic prosperity and tools to contend with the hardships to come, and many others.
Read Gates' own essay to get the full scop
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Stocks spent most of Wednesday in positive territory, but went on a roller-coaster ride after the Federal Reserve, as expected, issued its third straight 75 basis point rate hike.
SEE MORE Hedge Funds' 21 Top Blue-Chip Stocks to Buy Now
The Fed's rate hike sparked plenty of chatter among Wall Street's experts, with the main focus on what the central bank plans to do next. Today's move brought the Fed's benchmark federal funds rate to between 3.0% and 3.25%, with projections from the 19 voting members of the Federal Open Market Committee (FOMC) targeting a range of 4.25% and 4.5% by year's end - a half-percentage point higher than where it was in June. Doing the math, that means rates need to rise another 1.25% over the central bank's remaining two meetings (in November and December).
"Today we heard and saw more of the same, and the market shouldn't be too surprised given the Fed and its officials telegraphed that more big hikes were in the cards for the foreseeable future," says Mike Loewengart, head of model portfolio construction at Morgan Stanley. "The market seems to have hoped beyond hope that they would hear some reference to an end to rate hikes on the horizon, but that's certainly not what we got today."
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And that, in turn, sent the major market indexes moving quickly from green to red in the immediate aftermath of the Fed's announcement. However, the wild ride wasn't over, with stocks temporarily bouncing back before ultimately ending lower. At the close, the
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