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Markets in Asia Plummet as Energy Fears Offset A.I. Optimism

Stocks in Asia sank on Wednesday, led by sharp declines in South Korea, as the war in Iran raised concerns about spiraling energy costs.

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HomeBusinessTrump Praises Hassett, but Casts Doubt on Making Him Fed Chair

Trump Praises Hassett, but Casts Doubt on Making Him Fed Chair

The blowback set off by the Justice Department’s criminal investigation into Jerome H. Powell, the chair of the central bank, has shaken up the race to replace him.