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Trump says 'I love the inflation' after consumer price index hits 3-year high CNBCInflation heats up to highest pace in three years, fueled by Iran war The Washington PostTrump Says He Loves Inflation Caused By Iran War ForbesUS Inflation Accelerates, Though Core Gauge Comes in Softer Bloomberg.comIt's Nearly Impossible to Find a Savings Account That Outpaces Inflation. Th
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Companies appear hesitant to pass those price increases on to weary consumers, whose wages aren't keeping up.
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US consumer inflation posts largest increase in three years in May ReutersHere's the inflation breakdown for May 2026 — in one chart CNBCInflation hits highest level since 2023, as the Iran war pushes up prices ABC7 New YorkCPI Report Today: Inflation Rises to 4.2% — Live Updates WSJUS inflation tops 4% for first time i
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Inflation has surged to its highest level in more than three years since the U.S. and Israel launched their war on Iran, triggering a surge in gasoline prices.
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Capital agenda: Cue shutdown watch after Republicans go it alone on ICE funding - Live Updates PoliticoTrump signs $70 billion immigration funding bill after months of delay CNBCRepublicans just took ICE spending fights off the table. It won't end shutdown threats. PoliticoLive updates: Trump signs a $70 billion bill to fund immigration enforcement for 3 years AP NewsLive updates: Trump signs ICE spend
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Physical Steam gift cards are being ended by Valve because scammers keep using them to trick people EurogamerValve is phasing out physical Steam gift cards due to scammers The VergeValve discontinues physical Steam Gift Cards, blames "gift card scams" as scammers adapt to protections PC GuideValve to discontinue physical Steam gift cards by the end of 2026 due to scammers — says nefarious actors continue to exploit them despite years of restrictions Tom's Hardware
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Apple Struck the Right Notes With Its New AI Tools. Here Are 4 Features I'm Excited to Try CNETApple is embracing the fantasy of AI photo editing The VergeApple Spatial Reframing is the most unique AI tool from WWDC MashableApple's Image Playground doesn't suck anymore TechCrunchApple Intelligence gives Photos in iOS 27 its biggest editing upgrade in years AppleInsider
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‘Doctor Who' Christmas Special Not Going Forward This Year at BBC as Russell T Davies and Bad Wolf Exit Series VarietyBBC cancels planned Doctor Who Christmas special BBC'Doctor Who' undergoing major shakeup, Christmas special canceled USA Today‘Doctor Who' Christmas Special Canceled, As Russell T Davies & Bad Wolf Exit BBC Sci-Fi Series DeadlineUpdate on plans for the future of Doctor Who BBC
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Due to high supply costs and global energy concerns, small business owners aren't expressing optimism about the state of the economy.
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Future Standard, a global alternative asset manager, has announced its successful final close of its PA Secondary Fund V. The fund closed with approximately $3bn in total committed capital, which makes it its largest private fund closing in the businesses' 30-year history. According to Future Standard, PASF V is dedicated to acquiring interests in U.S. […]
The post Future Standard locks in largest private fund to date at $3bn appeared first on AltAssets Private Equity News.
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Investors are paying close attention to huge IPOs expected this year, with questions about how they may perform amid enthusiasm for AI.
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Global private capital fundraising is on course for a third consecutive year of decline - but the market may be reaching an inflection point as capital concentration eases, fundraising timelines normalize and AI becomes a competitive differentiator, new research suggests.
The post Global private capital fundraising set for another record-low year as AI reshapes competition appeared first on AltAssets Private Equity News.
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Trading begins on the Nasdaq next week under the ticker SPCX, and Anthropic and OpenAI are already warming up in the on-deck circle.
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The economic banishment of all things Russian. Tariffs on Chinese imports. Pandemic-caused shortages of computer chips, bicycles, garage door parts and other imports. Brexit.
Just about everywhere you turn, you can see that the tectonic plates of the global economy have stopped converging and are starting to pull apart in ways that will determine new winners and losers, says Ethan Harris, head of global economics for Bank of America Securities. "Deglobalization is a gradual process, and in the long run, very important" to investors, he says, because it will have profound impacts on corporate profitability.
SEE MORE 16 Dividend Kings for Decades of Dividend Growth
Globalization refers to the increase of commerce across borders. U.S. companies prospered for decades as new markets opened for their goods and labor costs plummeted thanks to overseas production. Strategists at BofA have estimated that over the past 20 years, globalization has contributed more than half of what has been a robust expansion in profit margins. Globalization has also helped to deliver low-cost goods to American consumers.
But now, says market strategist Ed Yardeni, the pandemic and spreading political and military conflicts have stretched supply chains past the breaking point, prompting companies to bring many operations closer to home. "Deglobalization was almost inevitable," Yardeni says. U.S. companies are starting to "reshore" production back to the U.S., "near-shore" it to neighbors such as Mexico, or "friend-shore" it to allies such as Vietnam.
Investment firm Piper Sandler counted more than 900 announcements of companies either building or expanding manufacturing facilities in the U.S. in the 12 months ending in May of 2022. In 2012, there were only about 100 such announcements. Over the long term, companies
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