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FHA Layoffs Cast Doubt on Future of Mortgage Insurer

A report of coming layoffs at the Federal Housing Administration (FHA) is casting fresh doubts about the future of an office responsible for insuring millions of mortgages across the country.

US Stocks Rise Amid Tariffs and Fed Minutes

US stocks closed higher on Wednesday as investors assessed President Trump's latest 25% tariff announcement and analyzed the Federal Reserve minutes for insights into future policy. The benchmark S&P 500 (^GSPC) gained about 0.2% to touch a new record high of 6,144.15, after hitting a record on Tuesday too. The Nasdaq Composite (^IXIC) and the Dow Jones Industrial Average (^DJI) both rose about 0.1%.

Palantir Stock Falls on Report of Pentagon Budget Cuts

Palantir (PLTR) stock plunged after a Washington Post report said the Trump administration plans to cut the Pentagon's budget, potentially reducing Palantir's government contracts.

Atlanta Fed President: Rate Cuts Remain on the Table Despite Inflation Concerns

Fed keeps rate cut options open amid new inflation and Trump policies

US Stock Futures Dip Despite Record Highs As Fed Stands Pat

U.S. stock futures edge lower after S&P 500 hits record high, Fed minutes signal pause in rate cuts

U.S. Futures Dip as Trump Tariff Threats, Ukraine Woes Dent Sentiment

US stock index futures dip as investors seek safety amid trade war threats, geopolitical concerns, and a cautious Federal Reserve. Safe-haven assets like gold and the yen rise, while Treasury yields ease.

Fed Rate Cuts Still on the Table, Atlanta Fed President Says

Fed rate cuts are still possible this year as policymakers assess the economy and digest new Trump administration policies, Atlanta Fed President Raphael Bostic says.

Pharmaceutical Battle Intensifies in Washington Over PBM Practices

CVS Caremark defends its value in the healthcare system against policy proposals prioritizing patient savings over PBM profits, amid scrutiny of rebate strategies and the emergence of low-cost drug access alternatives like Walmart, GoodRx, and telehealth.

US Stock Futures Dip as Fed Hints at Rate Pause

U.S. stock futures slipped on Thursday after the S&P 500 reached a record high, with investors digesting the latest sign that the Federal Reserve is unlikely to cut rates anytime soon.

South Africa Budget Unveiling Derailed by Tax Increase Dispute

South African Finance Minister Enoch Godongwana's proposed VAT increase to reduce government debt was rejected by coalition members, leading to the budget's withdrawal. The revised budget will include welfare grants, tax adjustments for low-income earners, and additional infrastructure investments.