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US Federal Reserve kicks off first meeting with Warsh as chair
The US Federal Reserve is expected to leave interest rates unchanged as it balances rising inflation with economic uncertainty.
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Snap bets on life beyond smartphones with $2,195 Specs augmented-reality glasses
June 16 : Snap on Tuesday launched its first augmented-reality glasses for consumers at a hefty price of $2,195, pitching the device as the future of how people interact with technology in the AI age.Unveiled at the Augmented World Expo in Long Beach, California, Specs mark a major bet by the social media min
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Snap CEO Spiegel defends Specs as long-term bet, pushes back against activist pressure
June 16 : Snap CEO Evan Spiegel told Reuters the company’s new Specs augmented-reality glasses are part of its long-term strategy, pushing back on activist investor demands to shut down or spin off the cash-burning unit behind the device.The Snapchat parent launched the device, its first consumer AR glasses,
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General Motors announces new defense partnership with Lockheed Martin
General Motors announced a new defense partnership with Lockheed Martin as the country ramps up its production of weapons.
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Why women’s inheritance reform has stalled across Arab world
Sharia-based inheritance laws continue to disadvantage millions of women across the Middle East. What could prompt real change for the next generation of girls?
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Failed joint jet project spotlights Europe’s defense dilemma
The collapse of a Franco-German fighter jet project and a faltering joint battle tank program show how national industrial interests can outweigh common defense objectives.
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G7: Trump says Russia should ‘make a deal’ on Ukraine
US President Donald Trump said he has a “good” meeting with Ukraine’s Zelenskyy on the sidelines of the G7 summit, as European leaders look to add pressure on Russia. DW has the latest.
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US, Iran, Hezbollah spar over murky terms of ceasefire deal
Iran’s top diplomat has said continued Israeli presence in Lebanon would violate the interim US–Iran deal to end the war. Prime Minister Benjamin Netanyahu insists Israel will remain as long as necessary. DW has more.
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Wells Fargo’s asset cap removal has not been the silver bullet we expected. What to do next
When Wells Fargo broke free of the Fed’s asset cap, investors had expected big things. Twelve months later, the stock is stuck in the penalty box.
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Snap unveils $2,195 AR glasses as CEO Evan Spiegel bets on post-smartphone future
Snap is launching its first AR glasses geared toward the broader public instead of developers.
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