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Thursday, June 14, 2018

Fed lifts rates amid stronger inflation, drops crisis-era guidance

WASHINGTON (Reuters) - The Federal Reserve raised interest rates on Wednesday, a move that was widely expected but still marked a milestone in the U.S. central bank's shift from policies used to battle the 2007-2009 financial crisis and recession.


from Reuters: Business News https://ift.tt/2MqkNdJ

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UPS to cut 30,000 jobs as it moves away from Amazon

The parcel delivery giant says it is cutting back on low-profit deliveries for the online retailer. from BBC News https://ift.tt/gQ6waOd