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Los Angeles Fires Rage; Blue Origin Launch Delayed

Bloomberg Daybreak: US Edition

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California Fires and Economic Impacts

This chapter explores the devastating fires in California, predicted to result in economic losses between $250 and $275 billion, and emphasizes the use of science and technology in rebuilding efforts. It also covers the implications of international trade tariffs, developments in the space industry, and market trends related to job growth and the S&P 500 index. Additionally, insights on the independence of the Federal Reserve and current events affecting U.S. politics and public health are discussed.

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