Global stocks fell Friday after Israel struck targets in Iran, killing Iranian military leaders and targeting the country’s main nuclear enrichment facility.
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Key business and economic news with implications this week and beyond:
NBA legend Shaquille O’Neal has agreed to pay $1.8 million to settle a class action lawsuit over his promotion of the now-defunct crypto exchange FTX.
Consumer sentiment rises for 1st time this year as inflation remains tame
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Upcoming news themes and events we're watching:
The Federal Reserve holds its June policy meeting next week in Washington, D.C.Business and economic news we've flagged from other outlets:
What the Israel-Iran conflict means for gas prices (CNN) Where’s the Inflation From Tariffs? Just Wait, Economists Say (NYT)Top stories on The Hill right now:
Congressional Republicans are laying the groundwork for a tax cliff at the end of President Trump’s term in office. Read more
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