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It’s crunch time for Kevin Warsh: Here’s how he might try to begin selling the idea of rate cuts—it requires some complex economic gymnastics...
At 10 a.m. tomorrow morning, Kevin Warsh’s public campaign to lead the Federal Reserve begins. So far, markets, policymakers, and economists have only been able to speculate as to Warsh’s outlook and approach. But this week, for the first...
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CI Global Asset Management Announces Special Reinvested Distribution for CI ICBCUBS S&P China 500 Index ETF (CHNA.B)
Article contentTHIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business...
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Exclusive: Your delivery robot will now offer the blind real-time, on-the-ground eyes around sidewalk hazards | Fortune
The delivery robots rolling down your sidewalk have cameras, sensors, and a constant need to dodge whatever is in their path. Think fallen e-scooters, construction zones, and tricky curbs. That data gets stored so that other robots know what...
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Defence spending is ‘magnet’ for criminals, warns EU fraud chief
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The new director of the EU’s anti-fraud agency has warned that European capitals’ rearmament drive is a “magnet” for criminals who...
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Starting Monday, businesses can claim refunds for Trump’s unconstitutional tariffs. But it will take 60-90 days to get paid | Fortune
A refund system for businesses that paid tariffs which the U.S. Supreme Court ruled President Donald Trump imposed without the constitutional authority to do so is scheduled to launch Monday.Importers and their brokers will be able to begin claiming refunds through...
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The explosion of U.S. debt is wiping out the ‘safety premium’ of Treasury bonds, and time is running out for an orderly fiscal solution,...
Jason Ma -
Soaring U.S. debt is causing Treasury bonds to lose their risk advantage over other securities, making it more expensive to borrow money, the International Monetary Fund warned.Treasuries have long enjoyed the status as the world’s top safe haven asset....
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Impact of Iran war will hurt US even after conflict ends, economists warn
Donald Trump’s war in Iran has unleashed a torrent of inflation in the US that economists warn will linger long after the conflict ends, squeezing Americans ahead of November’s midterm elections. The impact of the conflict has reverberated across the...
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Is London ready for the Green Party?
For a decade, London has been solidly Labour: electing Sir Sadiq Khan three times as mayor and handing the party control of a record number of councils. The noisiest criticism has come from the right, which accuses Khan of being...
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Gen Z is ‘Chinamaxxing’—and it’s less a love letter to Beijing than an indictment of America | Fortune
The American century — a phrase coined by Fortune founder Henry Luce — had a soundtrack. It was Chuck Berry on the radio and Coca-Cola in the cooler, Levi’s jeans, and Marlboro billboards stretching across Europe. American culture didn’t conquer...
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Ex-Foreign Office head takes legal advice over Mandelson vetting dismissal
Sir Olly Robbins is taking legal advice after being sacked by Prime Minister Sir Keir Starmer as head of the Foreign Office, as he prepares to answer MPs’ questions over the Lord Peter Mandelson vetting scandal. Robbins feels aggrieved...
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2 U.S. Embassy officials among 4 anti-narcotic agents killed in car crash following drug lab raid in Mexico
Four anti-narcotics agents, including two American embassy workers, were killed in a car accident while...