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A Federal Reserve report detailed increased redemption requests in some private credit vehicles during the first quarter alongside stagnant housing activity. Manufacturing output strengthened from AI-related data center spending while foreign growth remained subdued.
thestreet.comSome private credit vehicles recorded notable increases in redemption requests during the first quarter, reflecting defaults and concerns about underlying asset quality, @FirstSquawk reported on the Federal Reserve findings. Housing market activity has stayed stagnant, the report stated. Factory output remained strong, supported by data center investment linked to artificial intelligence.
U.S. productive capacity continued to rise at a solid pace. Foreign economic activity growth stayed subdued through the first half of 2026. Headwinds from Middle East conflict and U.S. tariffs weighed on expansion, though AI investment provided a partial offset.
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jns.orgPresident Trump threatened new strikes on Iran hours after declaring the U.S.-Iran ceasefire over. U.S. forces hit more than 80 targets, Iran responded with attacks on U.S. sites in Bahrain and Kuwait, and oil prices rose above $76 a barrel.
americanbanker.comThe Federal Reserve announced five task forces with outside co-leaders to examine technology, data, the balance sheet, inflation, and communications. The groups will report recommendations on whether the central bank’s tools and approaches should change.
theconversation.comSatellite photos show two U.S. aircraft carriers positioned close to Iran's shoreline. The images were circulated on social media but have not been confirmed by either government.