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Wall Street Subdued After Powell Tempers Rate-Cut Optimism

Wall Street's main indexes were subdued in choppy trading on Wednesday as traders assessed measured comments from U.S. Federal Reserve Chair Jerome Powell and awaited key economic data due later in the week. Although the recent numbers point to a resilient economy, commentary from Fed officials has injected some wariness,...

Trump to Name Ben Carson as Nutrition Adviser of USDA

Former housing secretary and retired neurosurgeon Ben Carson will take charge as senior nutrition and housing adviser at the U.S. Department of Agriculture temporarily, Bloomberg News reported on Wednesday. Carson will serve "as a point person" at the USDA to help advance Health Secretary Robert F. Kennedy Jr.'s agenda to...

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