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Fed jolts markets with a unanimous rate hike as gas prices climb and inflation stays high

Federal Reserve Chair Kevin Warsh announced a quarter-point benchmark interest rate hike to about 3.9% on Wednesday to combat persistent inflation. The increase marks the Fed’s first hike since 2023 and could lead to higher borrowing costs for mortgages and auto loans. The decision comes just seven weeks before the …

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'Dangerous incitement': Bar Association demands Smotrich remove AI video featuring justices, A-G

Israel Bar Association head Amit Becher sent a warning letter to the Religious Zionist Party and Finance Minister Bezalel Smotrich on Thursday, demanding the immediate removal of an AI-generated campaign video and warning that the association would otherwise petition the Central Elections Committee.

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Argument PA not producing 'sufficient' results evidenced by US Abbas sanctions, expert tells ‘Post’

The Palestinian population, already critical of Palestinian Authority President Mahmoud Abbas, may view renewed US sanctions against the PA and Palestinian Liberation Organization as another sign that the current leadership’s approach to Washington has “not produced sufficient political results,” Dr. Nabil Kukali, p…

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