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Stock futures are little changed after S&P 500 posts first positive day in three following Fed decision: Live updates CNBCFed holds rates steady, warns of stagflation risks CNNWATCH: Powell holds news conference after Fed leaves key interest rate unchanged PBSDow Jones Futures: Stocks Rise After Trump Chip Move, Fed's Powell; MercadoLibre, AppLovin Soar Late Investor's Business Daily
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The Fed is expected to leave interest rates unchanged Wednesday, choosing caution as President Trump's trade upheaval rattles markets and clouds the outlook for inflation and growth.
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The central bank stuck to a wait-and-see approach as officials brace for President Trump's tariffs to stoke higher inflation and slower growth.
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The Federal Reserve held its key interest rate unchanged as it waits for Trump's trade policy to take shape and sees its impact on a sputtering economy.
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As GOP concerns grow about Medicaid cuts, hard-liners pressure Speaker Mike Johnson on lower deficits NBC NewsJohnson Rules Out an Aggressive Plan to Cut Medicaid as G.O.P. Moderates Waver The New York TimesHouse Republicans can afford just a few ‘no' votes to overhaul Medicaid. 64 of them represent high-enrollment districts CNNTax Bill Imperiled by Trump's Loud Republican Critic WSJ
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Fed leaves rates on hold, warns of "higher risks" to U.S. economy in tariff shock AxiosFed holds rates steady, warns of stagflation risks CNNFed chair Powell says 'economy is doing fine' despite declining consumer sentiment USA TodayFederal Reserve holds key interest rate steady amid economic uncertainty Fox BusinessFed
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Walt Disney Co. is planning a theme park resort for Abu Dhabi in the United Arab Emirates, the company confirmed Wednesday. The attraction will be on the waterfront of Yas Island, already a leisure travel destination.
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Retail cards hit a record high average interest rate of 30.5% last year, and rates have stayed close to those levels this year.
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