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Dollar Drops After Cease Fire Announcement

NEW YORK - The dollar was broadly lower on Tuesday after the announcement of a ceasefire between Israel and Iran and as Federal Reserve Chair Jerome Powell testifies before U.S. Congress. The euro and yen gained as oil prices tumbled. The European Union and Japan rely heavily on imports of...

Powell Repeats Rate Cuts Can Wait as Fed Studies Tariff Impacts

WASHINGTON (Reuters) -U.S. Federal Reserve Chair Jerome Powell said on Tuesday the central bank needs more time to see if rising tariffs drive inflation higher before considering the interest rate cuts that President Donald Trump is demanding. "Increases in tariffs this year are likely to push up prices and weigh...

US Arrests 11 Iranians in US Illegally, Homeland Security Says

WASHINGTON - U.S. Immigration and Customs Enforcement officials have arrested 11 Iranian nationals in the country illegally, the U.S. Department of Homeland Security said in a statement on Tuesday. Authorities also arrested a U.S. citizen accused of threatening law enforcement and harboring one of the Iranian nationals, according to the...

12-Year-Old Airlifted After Firework Accident in Visalia

A 12-year-old boy was airlifted to a hospital Monday evening after sustaining major hand injuries from an illegal firework, authorities said. Deputies with the Tulare County Sheriff’s Office responded around 6:30 p.m. to the 30600 block of Markham in Visalia, where they found the injured child, officials said. The boy...

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