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No excuse to raise rates, Warsh will push Fed to right answer

TazaPulseJuly 15, 2026

National Economic Council Director Kevin Hassett said Wednesday he sees no argument for raising interest rates in light of the latest data on the U.S. economy, including an “amazing” inflation report. “There’s not really an excuse for raising rates right now,” Hassett said on CNBC’s “Squawk Box.” He said that he expects the Federal Reserve...

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Mortgage rates rise to highest level in nearly a year

TazaPulseJuly 15, 2026

For sale signs are posted in front of condominiums for sale on July 9, 2026 in Los Angeles, California. Justin Sullivan | Getty Images Mortgage rates rose last week to the highest level since August 2025, and that caused homebuyer demand for loans to pull back. Refinance demand, however, moved higher. Total mortgage application volume...

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Midnight social media curfews and infinite scroll limit for U.K. teens

TazaPulseJuly 15, 2026

In this photo illustration a 13-year-old teenage boy looks at an iPhone screen displaying various social media apps on January 12, 2026 in Bath, England. Matt Cardy | Getty Images News | Getty Images The U.K. government on Wednesday proposed new measures to protect older teens on social media, including a midnight curfew and a...

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Employees allege discrimination in AI-assisted layoffs

TazaPulseJuly 15, 2026

Mark Zuckerberg, CEO of Meta, is seen in the U.S. Capitol after a meeting in the office of Senate Majority Leader John Thune, R-S.D., March 26, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images A coalition of current and former Meta employees have sued the social media giant, alleging that the company used...

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Zipline adds ex-Tesla, Uber, Waymo execs as U.S. drone delivery scales

TazaPulseJuly 15, 2026

A Zipline precision drone with a delivery pod underneath. Zipline South San Francisco startup Zipline is adding former Tesla and Waymo execs to its C-suite, and bringing on a former Uber executive to lead its commercial expansion, as the company scales its drone delivery service into new U.S. and international markets. Since Zipline started up...

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Commerce official says Nvidia H200 AI chips have been shipped to China

TazaPulseJuly 14, 2026

16 July 2025, China, Peking: Jensen Huang, CEO of Nvidia, speaks to journalists. During a trip to China, Huang gave a speech at the opening of the supply chain trade fair and met Chinese politicians. Photo: Johannes Neudecker/dpa (Photo by Johannes Neudecker/picture alliance via Getty Images) Picture Alliance | Picture Alliance | Getty Images A...

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United Airlines to charge more for an empty middle seat

TazaPulseJuly 14, 2026

United Airlines will upsell customers to sit in a row with an empty middle seat. United Airlines United Airlines has a new way to entice customers to pay more on board: no middle seat neighbor. The carrier said Tuesday that one of the rows on its Airbus A321XLRs will have an empty middle seat with...

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Watch Fed Chairman Kevin Warsh testify live to House Financial Services committee

TazaPulseJuly 14, 2026

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Kevin Warsh speaks Tuesday to the House Financial Services Committee as part of the congressionally mandated semiannual monetary policy report. The central bank leader’s appearance comes the...

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Consumer price index inflation report June 2026:

TazaPulseJuly 14, 2026

Consumer prices posted their biggest decline in more than six years during June as a sharp swoon in energy prices provided at least temporary relief from this year’s inflation surge, the Bureau of Labor Statistics reported Tuesday. The consumer price index, a broad measure of costs for goods and services across the U.S. economy, was...

A French underwear brand is taking on fast fashion — with an IPO

TazaPulseJuly 14, 2026

Founder and president of ‘Le Slip Francais’ underwear brand, Guillaume Gibault poses in the Bonne Nouvelle textile factory in Aubervilliers, surburb of Paris, on February 12, 2025. Thomas Samson | Afp | Getty Images French underwear brand Le Slip Français made its stock market debut in Paris on Tuesday, betting that consumers will pay for...