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Italy tops Puerto Rico, rides magical WBC run into semifinals ESPNItaly reaches semifinals, stays unbeaten in Classic with win over Puerto Rico MLB.comPuerto Rico vs. Italy - Final Score - March 14, 2026 FOX SportsRed Sox's Greg Weissert Comes Up Huge For Team Italy In WBC Quarters NESN
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Duke holds off Virginia for 2nd straight ACC tournament title ESPNDuke 74-70 Virginia (Mar 14, 2026) Final Score ESPNDuke outlasts Virginia to complete second straight ACC regular-season and tournament sweep The New York TimesACC basketball tournament updates, scores, bracket: Duke, Virginia advance to title game Yahoo Sports
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St. John's repeats as Big East Tournament champs for first time after destroying UConn in second half New York PostSt. John's routs UConn for 2nd straight Big East tourney title ESPNThe Big East used to have college basketball's marquee conference tournament. It's starting to find that old juice again CNNNo. 2 UConn demolished by No. 1 St. John's in Big East Tournament Championship WFSB
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U.S. Energy secretary directs Texas oil company to restore operations off California CBS NewsTrump administration invokes emergency powers to restart oil operations off California coast PoliticoTrump administration orders restart of California offshore oil operations The Hill
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The Federal Reserve served up a widely expected third consecutive jumbo rate hike when it concluded its regularly scheduled two-day meeting on Wednesday. Chair Jerome Powell and the rest of the Federal Open Market Committee (FOMC) raised the federal funds rate by 75 basis points. (A basis point equals 0.01%.)
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Although the move matched consensus expectations, a significant portion of the bond market - and plenty of traders and tacticians, for that matter - were bracing for a whopping 100 bp rate hike. Uncertainty over just how hawkish the Fed would reveal itself to be has cast a pall on equities over the preceding weeks, and so a rate hike of "only" three-quarters of a percentage point was actually met with some relief. Stocks sold off sharply when the Fed released its statement at 2 p.m. Eastern, but then drifted back into positive territory during Powell's press conference, which began a half-hour later.
Ultimately, however, the major indexes finished in the red. That's because the Fed's bottom line is that inflation is by no means under control. And while there might be ample anecdotal and emotional evidence pointing to the contrary, the economy is simply running too hot. An imbalance in supply and demand in the labor market and related strong real wage growth, snarled supply chains and a rising dollar are just some of the factors confounding monetary policymakers - not to mention corporate revenues and profit margins.
As we've
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