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Trump hits out at Italy's Meloni after pushback on G7 photo claim BBCItaly's Meloni Tells Trump to Focus on His Own Popularity as Row Rumbles On U.S. News & World ReportItaly Doesn't ‘Beg,' Giorgia Meloni Tells Trump The New York TimesItaly's Meloni criticizes Trump's "constant, unprovoked attacks" as leaders trade barbs CBS NewsMeloni slams Trump's claim she 'begged' for a photo with him as Italy's top diplomat cancels US trip AP News
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Live updates: Iran says it's closing Strait of Hormuz over Lebanon fighting amid push to resume US talks CNNIran says it's closing Strait of Hormuz and accuses US and Israel of violating ceasefire deal BBCIran says Strait of Hormuz is closed over ceasefire violations after continued Israeli strikes in Lebanon NBC NewsIran war live: Iran shuts Hormuz; Iran-US talks to start Sunday - Pakistan Al Jazeera
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Israel continues Lebanon strikes despite fresh ceasefire NBC NewsThe death toll in the latest war between Israel and Hezbollah has surpassed 4,000, Lebanon's health ministry says AP NewsVance expects Iran talks soon, as Guards say Hormuz is closed again ReutersLive Updates: Israel and Hezbollah Exchange Fire After Cease-Fire, Complicating U.S.-Iran Peace Talks The New York TimesIran Latest: Lebanese state media reports attacks by Israel despite announced ceasefire
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The June 19 federal holiday falls on a Friday this year. Here's how trading hours and other services are affected.
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Anti Fund, a venture and growth investment firm co-led by Geoffrey Woo and Jake Paul, has closed its oversubscribed $100m Anti Fund Growth I, a close which pushes the businesses' total assets under management beyond $180m. Growth I has already secured positions in a number of high-profile technology and infrastructure companies, including OpenAI, Anduril, SpaceX, […]
The post Anti Fund closes oversubscribed $100m growth fund appeared first on AltAssets Private Equity News.
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Stocks capped off a terrible week with another slide as a warning from one of Wall Street's bellwether firm's stoked concern about the U.S. economy.
SEE MORE 10 Electrifying EV Stocks Worth Watching
After Thursday's close, delivery giant FedEx (FDX, -21.4%) - whose financial results are often seen as a read on broader economic conditions - issued preliminary fiscal first-quarter earnings and revenue figures that were well below estimates. The company cited a recent acceleration in "global volume softness," and specifically pointed to "macroeconomic weakness in Asia and service challenges in Europe." FDX also withdrew its outlook for the full fiscal year, and said it is initiating several cost-cutting measures to offset the effects of lowered demand, including deferring staff hiring, closing 90 FedEx office locations and ending Sunday operations for several FedEx Ground locations. The company is slated on the earnings calendar to report its full quarterly results after next Thursday's close.
Wall Street's nerves were already frayed ahead of FedEx's financial warning, as this week's red-hot inflation reading all but assured another large rate hike from the Federal Reserve at next week's meeting. But an additional contributing factor to this week's massive volatility is likely today's quadruple-witching options expiration, which is when index futures, index options, stock options and individual-stock futures all expire at once. This happens four times a year - on the third Friday in March, June, September and December - and sometimes leads to heavy volume and erratic moves in
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