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Bessent Says US Is ‘Suffocating’ Iran With Oil Industry Creaking
(Bloomberg) - Treasury Secretary Scott Bessent said the US is “suffocating” Iran with economic and financial pressure, suggesting that the rulers in Tehran will eventually buckle.
Kevin Warsh Says He Favors A More Dynamic Approach To Monetary Policy
Incoming Federal Reserve Chair Kevin Warsh signaled during his confirmation hearing that he favors a more dynamic and openly debated approach to monetary policy deliberations, suggesting that more rigorous internal disagreement can ultimat
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The US Economy Showed Signs of a 'Wobble' in April
New data released Tuesday flashed a sign that the US economy could be losing steam.
Top Executives Still Yet to Dismiss an Economic Downturn
Many leading executives, economists, and investors continue to express caution, not yet dismissing the possibility of a severe downturn.
Raymond James Reports Record-Level Client Assets
Raymond James Financial unveiled its financial results for the quarter ending March 31, reporting a net income of $474M, or $2.22 per diluted share.
UBS Flags 'Serious' Concern About New Swiss Capital Requirements
UBS execs told shareholders they have concerns about the Swiss government's announced plan to hit the lender with tougher capital requirements.