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US stocks rise on hopes Fed will leave rates unchanged

Wall Street rallied on Thursday as investors curbed their rate hike bets after US Federal Reserve Governor Christopher Waller said he would support holding the Fed funds target rate steady if data…

  • U.S. stocks rise 1% on Thursday amid hopes Fed will keep rates unchanged
  • Federal Reserve Governor Christopher Waller suggests maintaining interest rates steady
  • Nasdaq benefits from gains in AI-related megacap stocks, the Magnificent Seven

U.S.-Venezuela Oil Deal Threatens China’s Oil-Backed Loans

For decades, Venezuela has been one of China’s most important partners in Latin America and the largest recipient of Chinese government funds in Latin America, with Beijing lending Caracas tens of…

  • U.S.-backed Blue Energy Partners gains 35% ownership of 17 Venezuelan oil fields
  • China's oil investments in Venezuela threatened by deal
  • China provided Venezuela with $60 billion in oil-backed financing since 2015

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