Equity markets cheer as the Fed cuts rates by 25 basis points, with Jerome Powell touting the US economy's resilience, but President Trump thinks the cut is not enough. The dollar suffers its worst day in nearly three months as the Fed chair highlights labor market risks while downplaying inflation concerns. Oracle shares fell in afterhours trading after the company reported increased AI data center outlays and disappointing cloud sales. Plus US forces intercept and seize a sanctioned oil

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