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The Federal Reserve held its benchmark rate in a range of 3.75 to 4 percent in a 10-2 vote. Governor Lisa Cook and Cleveland Fed President Beth Hammack dissented, favoring a quarter-point hike. The statement says inflation "remains elevated" and that more…
✔ Sources: Reuters via Yahoo Finance, Yahoo Finance, Townhall
The U.N. General Assembly voted 130-17, with 25 abstentions, to condemn the U.S. economic embargo on Cuba, the 34th year it has done so. Last year the vote was 165-7 with 12 abstentions. Germany, Italy and Latvia abstained for the first time in 34 years,…
✔ Sources: AP via KSL, Responsible Statecraft
A tornado watch is in effect until 9 p.m. Wednesday for the greater Twin Cities area, including parts of eastern Minnesota and western Wisconsin, KSTP reports. Storms produced 3-inch hail near Atwater, FOX 9 reports. Forecasters warned of large hail,…
✔ Sources: KSTP, FOX 9, Bring Me The News
Microsoft reported quarterly revenue of $92.28 billion and earnings of $4.89 a share, above analysts' estimates of about $90.6 billion and about $4.72. Its shares rose in after-hours trading Wednesday.
✔ Sources: Yahoo Finance, Investing.com
Minnesota Timberwolves star Anthony Edwards will have an arthroscopic cleanup on his right knee, and no return timeline has been set. Timberwolves executive Tim Connelly said, "we don't think it's going to be something that's going to cost the season."…
✔ Sources: FOX 9, Yahoo Sports, Minnesota News Network
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