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The Fed Raised Rates. What Comes Next?11:16 Kevin M. Warsh, the chairman of the Federal Reserve, on Wednesday left open-ended how much more interest rates may have to rise to tame inflation. Global Economy Is Running Out of Wiggle Room11:15 Many countries blunted the most painful effects of the energy shock from the war in Iran. But prices remain elevated and risks are multiplying. Trump Administration Wants ‘Made in the U.S.A.’ Labels on Beef11:15 Will consumers pay a premium for American beef? The Agriculture Department hopes so, in an effort to appease ranchers upset over increased imports. King Charles Meets With A.I. Executives About Safety Risks7:31 The gathering in Scotland brings together industry leaders amid a growing debate about the safety risks of unchecked artificial intelligence. Fed Raises Rates in First Major Step by Warsh to Contain Inflation23:31 The Federal Reserve’s first increase to interest rates since July 2023 comes less than two months before the midterm elections. Takeaways From the Fed’s Decision to Raise Interest Rates21:55 Kevin M. Warsh, the Federal Reserve chairman, said the bank acted to fight inflation that ‘is too high and has been for too long.’ How the Fed’s Interest Rate Increase Affects Your Finances21:23 The Federal Reserve increased its key rate by a quarter of a percentage point, but mortgages and other consumer loans have already trended higher. Trump Ally Harold Hamm Strikes Venezuela Oil Deal19:45 Mr. Hamm’s company, Continental Resources, has signed a preliminary deal with Venezuela’s state-owned oil company to develop and produce oil. Outkick Moves Past Its Clay Travis Era18:08 Fox is revamping the sports site following the exit of its founder, Clay Travis. It’s hiring a writer who resigned from The Seattle Times over a column about transgender athletes. Trump’s Latest Threats Loom Over Fed’s Interest Rate Decision18:08 This month, the president threatened to halt a broad swath of trade if interest rates were not cut, once again putting pressure on the independent central bank. Billions in Taxes Go Unpaid. Under Trump, the I.R.S. Won’t Say How Much.18:08 The absence of the annual estimate on the tax gap could make it more difficult to assess whether more taxes are going unpaid since President Trump took office. A.I.’s Effect on the Work Force Is Showing Up in Wages17:03 Lower wage growth and slower hiring in some sectors may be the result of artificial intelligence, especially for younger workers. Bessent and Warsh Take On the Bond Bears14:21 The Treasury secretary and the Federal Reserve chairman face similar tests: calming investors’ growing worries about inflation and deficits. |
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