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Fed Raises Rates 25 Basis Points, Signals Another Hike This Year

The Federal Reserve on Wednesday approved its first interest rate hike in more than three years and indicated another to come, as part of an effort aimed at combating inflation brought on by spiraling oil prices and other factors.

US House passes sanctions, tariff bill to raise economic pressure on Russia

The House voted Wednesday to pass a major bill aimed at imposing sanctions on Russia and Iran, sending it to President Donald Trump for his signature.

Trump suggests EU allowing Canada as associate member could be a ‘hostile act’

President Donald Trump suggested that the European Union allowing Canada to become an associate member could be a “hostile act” and threatened to respond to the proposed move by imposing more tariffs on the bloc.

House to leave early, punting Hegseth impeachment vote until after November elections

House lawmakers will leave Washington on Wednesday night for the last time before the November midterm elections, after GOP leaders said they were canceling votes set for Thursday.