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MPC holds vigilant stance – Rabobank

Rabobank’s Senior Macro Strategist Stefan Koopman expects the Bank of England’s (BoE) Monetary Policy Committee (MPC) to leave Bank Rate at 3.75% at the April meeting, maintaining its vigilant stance. Koopman notes weaker domestic demand, already restrictive policy and lower-than-expected energy prices, which may slightly reduce near-term inflation forecasts, while…

US soldier charged in Polymarket trades was blocked from rival platform Kalshi

The Army Special Forces soldier indicted on charges that he used military secrets to win over $400,000 in Polymarket trades was blocked from opening an account on rival prediction market platform, Kalshi. Loading audio narration… Elisabeth Diana, head of communications for Kalshi, told Business Insider that Gannon Van Dyke did not make it past the verification and know-your-customer process but declined to provide more details. Reuters, citing an unnamed source, had earlier reported that Van…

Finance news

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Meta employees react to pending job cuts: ’28 days of hell’

Meta just told employees thousands of jobs are on the chopping block, leaving employees in a monthlong limbo before cuts hit. Inside the company, workers are bracing for what one called “28 days of hell,” flooding internal forums and posts with anxiety, dark humor, and questions as they wait to…

Business

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SBA refers  billion in suspected pandemic loan fraud to Treasury

FIRST ON FOX – The U.S. Small Business Association referred 562,000 suspected fraudulent loans totaling over $22.2 billion to the U.S. Department of Treasury for collections, the SBA said in a Friday statement.  “From Day One, the Trump SBA has worked tirelessly to crack down on billions in pandemic-era fraud…

Markets

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Investing

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