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The state wants the $22 billion exchange to repay customers nationwide, surrender its proceeds, and pay triple its alleged gains—plus $100,000 for each unauthorized sports bet.
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Kashkari and Hammack joined Dallas Fed President Lorie Logan in dissenting against holding the Fed's key overnight borrowing rate steady.
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S&P 500 closes higher Friday as Amazon surges; Dow posts fourth straight winning month: Live updates CNBCAmazon and Apple Deliver the Drama to Close a Turbulent Month WSJStock market today: Dow, S&P 500, Nasdaq rise to cap volatile July as Big Tech AI spending ramps up Yahoo FinanceWall Street gains on tech earnings; bond yields hit multi-year highs Reuters
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