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Wall Street Pulls Back as Investors Weigh Potential Fed Shift

  U.S. stock futures slipped as traders assessed the market impact of former Federal Reserve Governor Kevin Warsh emerging as President Donald Trump’s preferred pick to lead the central bank. The possibility of a policy shift under new leadership added a layer of uncertainty to an already sensitive market environment. Market Movement Dow futures edged lower, reflecting broad investor caution. S&P 500 futures also dipped, signaling a softer open for large‑cap equities. Nasdaq futures fell more sharply as tech stocks continued to face pressure. Why Warsh’s Name Matters Warsh has long been viewed as more hawkish than recent Fed leadership, though he has recently echoed Trump’s calls for rate cuts. That combination — a history of tighter policy paired with openness to easing — leaves investors unsure how he might steer the Fed at a time when markets crave clarity. The Broader Mood With economic data mixed and geopolitical tensions simmering, traders are reacting quick...
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Crackdown in Turkey: Journalists Detained Amid Protests Over Erdogan Rival's Imprisonment

Turkish authorities have detained several journalists as protests erupt across the country following the imprisonment of Istanbul Mayor Ekrem Imamoglu, a prominent rival to President Recep Tayyip Erdogan. The mayor's arrest on corruption charges has sparked the largest wave of demonstrations in Turkey in over a decade, raising concerns about press freedom and the state of democracy.

The journalists, reportedly detained from their homes, were accused of covering the protests. Media unions have condemned the detentions as an attack on the public's right to information. Meanwhile, the protests, largely peaceful, have seen clashes with police using water cannons and tear gas to disperse crowds.

Imamoglu's arrest is widely viewed as a politically motivated move to sideline a key opposition figure ahead of the 2028 presidential elections. Government officials, however, deny these allegations, insisting that the judiciary operates independently.


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