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Bessent says he expects 'de-escalation' in U.S.-China tariff fight in the 'very near future'

Bessent says he expects 'de-escalation' in U.S.-China tariff...

Stocks, already recovering from the prior day's sell-off, soared higher on news...

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U.S. public schools brace for ‘fiscal cliff’ after surge in hiring meets budget shortfalls

U.S. public schools brace for ‘fiscal cliff’ after surge...

Federal pandemic-era funding masked budget gaps tied to enrollment loss. With that...

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Treasury Sec. Bessent calls out China, World Bank, IMF in speech on global economy

Treasury Sec. Bessent calls out China, World Bank, IMF...

"China needs to change," Treasury Department chief Scott Bessent told the Institute...

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'Consumers are insecure': No recovery in sight for struggling cocoa market, Lindt CEO says

'Consumers are insecure': No recovery in sight for struggling...

Lindt's Lechner said "the magnitude of these increases in raw material forced us,...

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European Central Bank’s Lagarde weighs in on Trump's criticism of Fed's Powell

European Central Bank’s Lagarde weighs in on Trump's criticism...

The ECB last week cut interest rates by a further 25 basis points and warned of...

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EU hits Apple and Meta with nearly $800 million in fines amid U.S. trade tensions

EU hits Apple and Meta with nearly $800 million in fines...

The European Union on Wednesday fined Apple and Meta hundreds of millions of euros...

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Trump says he has 'no intention' of firing Fed Chair Powell

Trump says he has 'no intention' of firing Fed Chair Powell

Powell, whom Trump appointed Fed chair during his first term as president, has flatly...

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Treasury Sec. Bessent says China, U.S. have 'opportunity for a big deal' on trade

Treasury Sec. Bessent says China, U.S. have 'opportunity...

Bessent named-checked Bridgewater founder Ray Dalio, who recently express fears...

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IMF cuts 2025 growth forecast for major Asian economies, warns of global slowdown on trade worries

IMF cuts 2025 growth forecast for major Asian economies,...

On a global basis, growth was lowered from 3.3% to 2.8% for the whole of 2025, with...

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CNBC's The China Connection newsletter: U.S. regulatory scrutiny fans Chinese stock delisting fears

CNBC's The China Connection newsletter: U.S. regulatory...

A comment from U.S. Treasury Secretary Scott Bessent has reignited fears on Wall...