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Susie Wiles’ Revelations Expose Tensions in Trump’s Inner Circle

                                               Susie Wiles is the first woman to serve as White House chief of staff White House Chief of Staff Susie Wiles has offered a rare, candid glimpse into the internal strains of President Donald Trump’s administration , speaking openly in a series of interviews with author Chris Whipple. Wiles, the first woman to serve as Trump’s chief of staff, described the challenges of managing strong personalities and the often turbulent dynamics within the West Wing. Across more than ten interviews, Wiles painted a picture of an administration marked by conflict over immigration enforcement, government downsizing, and the president’s governing style . She characterized Trump as having “an alcoholic’s personality,” despite being a lifelong teetotaler, explaining that he operates with a sense of boundless confidence and...

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US Futures Stall After Record-Setting Rally

 


US stock futures wobbled on Friday, losing steam after a record-setting rally and blowout month as the relief sparked by an influential inflation reading ebbed. The S&P 500 futures were little changed, coming off the benchmark’s record close and best February in almost a decade. Futures on the Dow Jones Industrial Average and the tech-heavy Nasdaq 100 also wavered around the flatline.

Stocks are kicking off March in a subdued mood, a shift from the upbeat reaction to PCE data that showed inflation continued to cool — easing worries the Federal Reserve would get more reason to hold off from interest-rate cuts. But further scrutiny has highlighted signs of “sticky” inflation that will be harder to shift.

Among big movers, shares in New York Community Bancorp (NYCB) tumbled 20% in premarket after the exit of its CEO, a $2.7 billion quarterly loss, and findings of “material weaknesses” in the bank’s loan processes. Meanwhile, Dell (DELL) shares rose almost 25% in the wake of a quarterly sales and profit beat fueled by AI prospects for its servers. Developments at OpenAI caught the attention of investors tracking the sector. Elon Musk has sued the Microsoft-backed company and its CEO Sam Altman, among others, over a breach of contract. Also, the ChatGPT maker is reportedly set to name new board members in March to end an impasse linked to Altman’s abrupt firing last year.

In summary, the market’s exuberance has tempered, and investors are closely watching inflation trends and corporate developments. As we navigate March, the delicate balance between economic indicators and market sentiment remains crucial.


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