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2025-06-28 06:14:41| The Economic Times

Wall Street is celebrating a market surge fueled by receding trade war fears, with the S&P 500 hitting a record high. Investor optimism is high despite economic uncertainties and policy concerns. Cooling inflation and improved consumer sentiment are driving the rally across stocks, bonds, and commodities.

Category: News and Media

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2025-06-28 06:02:21| The Economic Times

President Trump expressed his desire for Federal Reserve Chair Jerome Powell to resign, criticizing Powell's performance and labeling him "stupid." Trump stated he would prefer interest rates at 1%, accusing Powell of maintaining higher rates due to "Trump Derangement Syndrome." He intends to nominate a successor who will lower rates, potentially challenging the Fed's traditional independence.

Category: News and Media

2025-06-28 05:41:20| The Economic Times

Donald Trump asserted that Iran's nuclear sites were "obliterated" and warned of worsening conditions if Iran doesn't align with global norms. He claimed to have prevented an Israeli attack on Tehran and halted sanction relief due to perceived animosity from Iran.

Category: News and Media

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