Powell era ends, Iran war costs $25B | Reuters World News
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Powell era ends, Iran war costs $25B | Reuters World News

April 30, 2026
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Federal Reserve Chair Jerome Powell’s last act: holding rates and a pledge to stick around as a governor. The Pentagon puts a $25 billion price tag on the Iran war so far. The U.S. Supreme Court guts a key provision of the Voting Rights Act, in a move that could reshape voting across the South. And for the average price of a car in the U.S., you could buy five brand new Chinese EVs.

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