The dollar rose to an almost eight-week high against a basket of currencies, driven by expectations the Fed could raise interest rates further.

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S&P raised its baseline projection for Asia’s 2026 gross domestic product growth to 4.6%, but noted that projections for strong growth this year and next don’t mask the challenges.

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The president used the gathering of world leaders to deliver a campaign-style speech, declaring a “Golden Age of America.”

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