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Latest News
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Markets Primed for Powell Second Term at Risk From Surprise Pick
On Wall Street, investors are banking on another four years for Jerome Powell as chair of the Federal Reserve -- introducing a potential risk for President Joe Biden should he opt to replace him.
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Spain’s La Liga Gets $3.2 Billion Investment From Private Equity Giant CVC
CVC Capital Partners will invest 2.7 billion euros ($3.2 billion) in La Liga, the Spanish soccer league that’s home to Lionel Messi and other superstars of the world’s favorite sport.
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Possible Ship Hijack Near Iran Ends as Mideast Tensions Run High
A potential hijack of a ship in a major Middle East shipping route has ended, the British Navy said Wednesday, days after a deadly drone attack on a tanker in the same area that the U.S and its allies blamed on Iran.
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Brazil Plans Bigger Rate Hike to Tame Inflation: Decision Guide
Brazil’s central bank will likely turn even more hawkish by delivering its biggest interest rate hike since 2003, as policy makers contend with an array of price pressures that’s seen keeping inflation above target through 2022.