Two Federal Reserve officials said on Friday the Iran war and its impact on energy markets were clouding the outlook for the economy and monetary policy, as one policymaker laid out an outlook calling for notably more interest rate cuts than most U.S. central bank officials currently support.Read More
Super Micro shares sank 27% on Friday after U.S. prosecutors charged three people linked with the company, including its co-founder, with helping smuggle billions of dollars worth of AI technology to China.Read More
US Federal Reserve Governor Christopher Waller on Friday said he was concerned about the impact of the US-Israel war on Iran on inflation due to the prolonged closure of the Strait of Hormuz.Read More
Wall Street’s main indexes opened lower on Friday as the Iran war approached its fourth week, roiling energy markets and prompting investors to aggressively reprice bets on the Federal Reserve’s interest-rate cuts.Read More
India’s Zetwerk plans to confidentially file draft papers for an initial public offering within the next one to two weeks, aiming to raise up to $550 million at a valuation of about $4 billion, two people with direct knowledge said.Read More
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