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Federal Reserve to Meet Under Cloud of Trump’s Attacks
Stephen Miran and Lisa Cook will both cast votes at the central bank’s meeting on Wednesday, where policymakers are expected to lower interest rates.
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How Wall Street’s Big Bets on A.I. Are Driving Interest in Huge Parking Lots
J.P. Morgan, Blackstone and other financial giants are buying “industrial outdoor storage,” sites vital to logistics, trade and the construction of data centers.
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How China Is Weathering the Trade War With Trump
Tariffs triggered a plunge in China’s exports to the United States, but its global trade surplus is larger because sales to other regions are surging.
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Rubio Says ‘Time Is Running Out’ for Gaza Deal
Secretary of State Marco Rubio spoke about Gaza ahead of a short Tuesday visit to Qatar, which is angry over an Israeli strike against Hamas leaders on its territory.
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F.B.I. Agents Fired by Patel Speak Out on ‘Broken’ Trust
The two agents’ accounts offer an inside view of a bureau buffeted by politics and upheaval, adding to the scrutiny of the F.B.I. director as he prepares to testify to Congress.
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Why a Pennsylvania Court Election This November Could Matter in 2028
Voters will decide whether three Democratic State Supreme Court justices will keep their seats in a swing state that will be crucial to the next presidential election.
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Which Living Democrat Does Cuomo Admire? He Can’t Name One.
In an interview with The New York Times, former Gov. Andrew M. Cuomo, a lifelong Democrat, said the party “is not meeting the moment.”
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Federal Judge Declines to Intervene for Migrants Deported to Ghana
Judge Tanya S. Chutkan said her hands were “tied” with regard to the migrants, even though they held protective orders, in another victory for President Trump’s deportation campaign.
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Exploring the Secret Lives of Creatures in Our Own Backyards
Our backyards aren’t just patches of grass or meticulously crafted gardens. They’re small ecosystems teeming with life, often overlooked. I discovered this on a lazy Sunday afternoon, sitting on my porch with a cup of coffee, watching the world go by. I noticed a bee, busily hopping from flower to flower, and it sparked a…
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Wolfsberg Group Issues Guidance on the Provision of Banking Services to Fiat-backed Stablecoin Issuers
The Wolfsberg Group has published comprehensive guidance on managing financial crime risks for financial institutions (FIs) that provide banking services to fiat-backed stablecoin issuers. While recognising the legitimate benefits of stablecoins, such as pseudonymity, rapid settlement and global reach, the Group also highlights that these same benefits introduce unique risks….By: A&O Shearman