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Italy's Economy Minister Giorgetti: Even With The Proposed Tax Increases In The 2027 Budget, The Average Effective Tax Rate For The Financial Sector Is Still Lower Than That For Other Sectors
Federal Reserve Governor Barr: I Am Concerned That We Are Loosening Regulations In An Environment Of Rising Risk Appetite
According To RIA Novosti, U.S. Special Envoy Jared Kushner, Trump's Son-in-law, Said His Talks With Russian President Vladimir Putin Were Substantive And Detailed
U.S. Special Envoy Witkov Stated That Following His Meeting With Putin, Both Sides Agreed To Hold A New Round Of Negotiations
Federal Reserve Governor Barr: Agent-based Artificial Intelligence Will Become A Major Problem For Banks, Which Need To Ensure That The AI tool Acts According To Customer Instructions
Federal Reserve Governor Barr: Banks Are “highly Concerned” About The Standards For Controlling And Using Artificial Intelligence Risks
Federal Reserve Governor Barr: We Have Not Yet Observed A Significant Overall Impact Of Artificial Intelligence On The Labor Market. However, AI May Be One Of The Reasons For The Low Number Of Young Workers Being Hired And The Reduction In Hiring For Some Positions
Federal Reserve Governor Barr: Input Prices In The Field Of Artificial Intelligence Are Facing Significant Pressure, Which Is Spilling Over Into Products Such As Mobile Phones, Computers, And Game Consoles

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FOMC Member Hammack Speaks
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New York Federal Reserve President Williams delivered a speech.
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U.S. Chip Stocks Continued Their Decline In Pre-market Trading After Nvidia Announced That Jensen Huang Had Resigned As CEO. Intel Fell 3.7%, Marvell Technology Fell 5.2%, Micron Technology Fell 5.2%, Arm Fell 4.1%, SK Hynix Fell 5.1%, And TSMC Fell 3.5%

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