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Regional Conflict Escalates as Israeli Strikes Intensify Across Iran and Lebanon

               Smoke rises following an Israeli airstrike in the Dahiyeh area of Beirut, Thursday, March 5, 2026.  Israeli airstrikes have sharply intensified across Iran and Lebanon, marking one of the most volatile escalations in the region in years. According to multiple reports, Israeli forces launched broad-scale strikes on the capitals of both countries, while the United States simultaneously targeted an Iranian drone carrier at sea, signaling a coordinated surge in military pressure. Iran responded with new retaliatory attacks early Friday, firing missiles and drones toward neighboring states that host U.S. forces. The exchange comes at the end of a full week of bombardment that has destabilized multiple fronts across the Middle East. U.S. Defense Secretary Pete Hegseth warned that the bombardment is “about to surge dramatically,” underscoring Washington’s expectation of further escalation.  Israeli officials claim that mu...

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Wall Street Gains on Anticipation of Inflation Report and Fed Chair’s Event

 

Ahead of crucial inflation data and a public event by Federal Reserve Chair Jerome Powell, Wall Street saw a rise in premarket trading on Wednesday. Investors are keenly awaiting Friday’s inflation report, which the Fed will closely monitor for its next rate policy decision. Powell’s subsequent webcast discussion at the Federal Reserve Bank of San Francisco is expected to provide insights into potential rate cuts, with speculation of a reduction as early as May.

The U.S. economy has shown resilience despite higher interest rates aimed at controlling inflation, with the S&P 500 on track for its fifth consecutive winning month after a 9% surge this year. However, recent reports suggest a bumpier path in reducing inflation, with some costs exceeding expectations.

Amidst this economic backdrop, Trump Media & Technology Group’s shares soared after its IPO, despite financial losses and limited user growth. Meanwhile, global shares, particularly in Japan, were influenced by the yen’s decline to a 34-year low, prompting discussions among Japan’s monetary authorities.

Investors remain cautious as they consider whether the market has become overvalued after its recent rally, and analysts emphasize the need for broader profit growth to sustain current stock prices.

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