Trump suggest Biden Fed picks signed by autopen

President Donald Trump on Tuesday claimed to have “just heard” that all four of former President Joe Biden‘s appointments to the Federal Reserve were approved by “autopen,” suggesting they are not authorized to serve in those roles. Trump provided no evidence for the claim, which piggybacks on his repeated assertion that all of his predecessor’s…

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China consumer inflation hits near two-year high despite deeper-than-expected producer deflation

People walk along the Huguosi street, Xicheng district, a dedicated food street in Beijing on August 23, 2024.  Adek Berry | AFP | Getty Images China’s consumer inflation accelerated in November to the highest level in nearly two years while producer price deflation worsened, underscoring the challenge policymakers face in reviving domestic demand amid persistent…

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Hegseth leaves Democrats frustrated after boat strike briefing

Defense Secretary Pete Hegseth disappointed Democrats after holding a classified, closed-door briefing regarding the Trump administration’s strikes on alleged drug boats in the Caribbean and other actions in the region. “This was a very unsatisfactory briefing. I asked Secretary of Defense Hegseth if he would let every member of Congress see the unedited video… Source…

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Nikkei 225, Kospi, Hang Seng Index, Nifty 50

Aerial view of vehicles being driven on the road through the central business district in Beijing, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets traded mostly higher on Wednesday as investors awaited inflation data from China later in the day and an interest rate decision from the Federal Reserve. Traders are looking…

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