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The headline US CPI number may not have revealed a tariff impact but the details did
Out of puff: Second-quarter revenue at Connecticut-based Marlboro-maker Philip Morris International (PMI) rose 7.1% from a year earlier, to $10.1bn – slightly short of analysts’ expectations of $10.3b
“I know chair Powell,” says US Treasury secretary Scott Bessent. “His term ends in May [2026]. If he wants to see that through, I think he should. If he wants to leave early, I think he should.” Besse
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