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Semafor World Economy

Laura McGann

Laura McGann

Washington Editor

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Stocks fall on Fed chair’s pessimism

“We had the tariff shock, we had the pandemic, and now we have an energy shock of some size and duration” amid war in Iran, Jerome Powell said at a news conference.
Federal Reserve Chair Jerome PowellJonathan Ernst/Reuters

Whitmer stands by working with Trump

As Democrats jockey to become chief Trump antagonist, the Michigan governor shows no sign of leaving her pragmatic lane.
Gretchen WhtimerScreenshot/Semafor/YouTube
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