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The Fed was expected to hike interest rates in September. Don’t bet on that now, economists say.

What a difference a day can make for monetary policy.  On Thursday, interest rate futures were decidedly tilted toward the Federal Reserve hiking its benchmark rate in September, according to CME FedWatch, which tracks traders to forecast the central bank’s policy decisions. But after Friday morning’s dismal July jobs report, which showed that employers unexpectedly…

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Trump administration calls itself the most transparent. Yet few details of the Iran war have been shared.

In his first month on the job, Defense Secretary Pete Hegseth promised it “would be the most transparent administration ever,” offering a sharp contrast with the previous wars in Iraq and Afghanistan that critics said had been shrouded in secrecy and misleading public statements.  Now, as the American-led war against Iran enters its sixth month,…

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FIFA official resigns in protest over World Cup investment plan as 3rd governing body rejects privatization

The pressure is rising on FIFA President Gianni Infantino to ditch a World Cup privatization plan that could draw investments up to $20 billion, but which has drawn widespread condemnation from most of soccer’s worldwide governing bodies. The latest rebukes of the plan came on Friday when a senior adviser to Infantino stepped down in…

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