"That's my view. They'll cut preemptively in June. That is to say Wednesday," says the Grant's Interest Rate Observer newsletter editor.Economyread more
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Iran will surpass the internationally agreed levels of its low-enriched uranium levels in 10 days, the country's atomic energy body said Monday.Politicsread more
Sotheby's announced Monday that it's signed an agreement to be acquired by BidFair USA, a venture owned by art collector Patrick Drahi.Marketsread more
Ross played down the prospect of an agreement being reached at the G-20 meeting in Osaka on June 28-29.Paris Airshowread more
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Google CEO Sundar Pichai said in a CNN interview that while the company will work to remove as much harmful content as possible, the company can't remove 100% of it.Technologyread more
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The pizza chain's robo delivery program could add to store owners' options during peak times.Restaurantsread more
Amazon responded this morning to Democratic Congresswoman Alexandria Ocasio-Cortez's claim that it pays warehouse workers "starvation wages" in a tweet that says it pays...Technologyread more
The Fed is not likely to make a move on interest rates when it meets this week, but it should clear the way for a rate cut later in the summer.Market Insiderread more
Republican presidential contender Jeb Bush has seen three of his top fundraisers depart his campaign, Politico reported on Saturday, a new sign of potential trouble as the former Florida governor's early momentum appears to have stalled.
According to the publication, three fundraising consultants voluntarily quit the campaign, although they told Politico they were still linked to Bush's Right to Rise Super PAC. However, others said the trio were let go, as the campaign shifts into a different phase for which their services won't be required.
One Bush campaign source told Politico that the departing fundraisers were "glad to go. This wasn't a shock to anybody." The source attributed the moves to "personality problems" and that national figures were sometimes "tough to work for."
The news comes as the scion of the Bush political dynasty emerged as an early frontrunner in the crowded race for the GOP presidential nomination, only to have his thunder stolen by the insurgency campaign of Donald Trump.
The real estate mogul now leads in all major polls, and has taken positions putting him at odds with other Republican contenders. In April, Bush told donors he managed to raise more cash in 100 days than any other Republican, but has lagged in crucial grassroots support that now appears to be flocking to Trump.
Politico's full report can be found on its website.