Airstrikes hit Yemen’s capital Sanaa after a Houthi missile targeted Israel, with no clear confirmation of the attacker. American forces have targeted the Houthis in response to Red Sea attacks, while Israel intercepted a missile from Yemen. The Houthis have targeted ships to end Israel’s conflict with Hamas, leading to casualties and tensions in the region.
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Wharton's Jeremy Siegel says stock sell-off is 'healthy' as cautious Fed gives investors a 'reality check'
The stock sell-off on Wall Street was considered "healthy" by finance professor Jeremy Siegel, as the Federal Reserve's cautious projection on future rate cuts provided a "reality check" for investors. The Fed recently cut interest rates by a quarter percentage point, indicating that it may only lower rates twice more in 2025, leading to a significant market response with all major indexes sinking. Siegel expects the Fed to reduce the number of rate cuts next...
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