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Silver holds firm as Dollar slides after split Fed decision

Silver price clings to gains on Wednesday late in the North American session, as the Federal Reserve held rates unchanged, which, instead of strengthening the Dollar, weakened it, while US Treasury yields spiked. The XAG/USD trades at $57.17, barely unchanged.XAG/USD steadies near $57.00 as Fed dissent, surging long-end yields and…

July FOMC: Fed holds interest rates steady

This story about the Federal Reserve’s July 2026 interest rate decision is breaking news. Please check back for updates. The Federal Reserve on Wednesday announced that it will hold interest rates steady due to concerns about elevated inflation amid the war in Iran.Fed policymakers voted 9-3 to leave the benchmark federal funds rate unchanged at its current range of 3.5% to 3.75%. The move follows the central bank’s decision to hold rates steady in January, March,…

Finance news

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Business

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Miami’s tallest new tower nears sellout as execs fuel wealth migration

EXCLUSIVE: By next summer, Miami’s skyline will be shaped by a new architectural landmark, bringing a fresh wave of corporate titans and global elites into the heart of South Florida. As Cipriani Residences Miami officially topped off its approximately 950-foot construction project — the tallest residential tower in the city…

Markets

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AI’s latest casualty? The health of the people building it.

Forget the environment or job opportunities. AI’s latest casualty might be the health of the people building it.Thinking Machines Lab cofounder Lilian Weng said she’s stepping down from her role because of stress and illness. Weng, who also spent time at OpenAI, didn’t disclose a specific diagnosis but said she’s…

Investing

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