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Federal Reserve Vice Chair for Supervision Michelle Bowman said Friday that she believes price growth is still heading toward the central bank's 2% target when factoring out one-time shocks such as tariffs and elevated oil prices.
A surge in tax revenue driven by AI-related companies masks a persistent structural budget deficit, the Legislative Analyst's Office warned.
Markets grew stronger upon news of the extended ceasfire in Iran, but the reaction was less pronounced than Tuesday's rally.
The counties with the greatest exposure lie along the coasts of Florida, Louisiana, South Carolina and Texas.
The bill promote private capital and public-private partnerships as part of the financing process.