Fed Rebellion Grows as Apple Loses $460 Billion in a Day
Three Fed presidents publicly break ranks to demand a rate hike as inflation stays hot, Apple suffers its worst post-earnings drop in 13 years on chip shortages, Iran-linked tanker attacks send oil higher, Amazon passes along $600 million in tariff refunds, and Coinbase posts a $359 million quarterly loss. In this episode: • Fed officials who voted to hike rates say action is needed now against inflation — https://www.cnbc.com/2026/07/31/fed-officials-who-voted-to-hike-rates-say-action-is-needed-now-against-inflation.html • Apple heads for $460 billion wipeout with its stock seeing worst…
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