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Lofty bond yields, Bessent's intervention pose challenge to Fed's Warsh

Lofty bond yields, Bessent's intervention pose challenge to Fed's Warsh

US Treasury Secretary Scott Bessent's controversial efforts to lower Treasury yields have potentially put him at odds with Federal Reserve Chair Kevin Warsh, complicating the latter's communications challenge this week.

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Climate change leaves its mark on America's largest reservoir

Climate change leaves its mark on America's largest reservoir

From high in the hills around Las Vegas, tourist Choune Osterero gazes down at the line of chalky mineral deposits left on the rocks around Lake Mead as the level of America's largest reservoir has dropped over the last quarter of a century of drought.

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The foreigners missing in Nepal's flash floods

The foreigners missing in Nepal's flash floods

Hundreds of foreign nationals are missing in Nepal after devastating flash floods on Wednesday killed at least 160 people.

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CIA director warned Russia not to attack NATO members: US media

CIA director warned Russia not to attack NATO members: US media

A highly unusual trip by the CIA director to Moscow this week was to warn Russia against any attack on NATO member states, US media reported Wednesday, after President Donald Trump sought to downplay the visit.

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Bond yields are surging: Here's why that could spell trouble

Bond yields are surging: Here's why that could spell trouble

From Japan to Europe and the United States, officials are getting antsy as bond yields hit highs not seen in a decade or more, making borrowing more expensive for governments as well as businesses and consumers.

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Search for missing after Nepal-Tibet floods kills at least 160

Search for missing after Nepal-Tibet floods kills at least 160

Rescue teams rushed Thursday to find hundreds of people missing on the Nepal-Tibet border in flash floods and landslides that killed at least 160 and swept away entire villages.

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Fed's Cook rejects Trump mortgage fraud claims

Fed's Cook rejects Trump mortgage fraud claims

Federal Reserve Governor Lisa Cook rejected renewed mortgage fraud allegations from the White House on Wednesday, saying President Donald Trump has no lawful grounds to fire her.

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Meta, US states agree $18 bn settlement in landmark teen safety case

Meta, US states agree $18 bn settlement in landmark teen safety case

Meta agreed to pay a coalition of US states as much as $16.7 billion and to impose sweeping new limits on how teenagers use Facebook and Instagram, according to a court filing on Wednesday that ends a landmark trial in California.

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Police probe 'assault allegations' after Carse's nightclub incident

Police probe 'assault allegations' after Carse's nightclub incident

Derbyshire Police are looking into "allegations of assault" following the incident that saw England fast bowler Brydon Carse handcuffed outside a nightclub over the weekend.

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Brazil sues Discord for $100 mn in child safety case

Brazil sues Discord for $100 mn in child safety case

The Brazilian government on Wednesday said it was suing the Discord messaging platform for nearly $100 million in damages over its alleged failure to protect children from harmful content and demanded it adopt stronger safeguards.

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