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Federal Reserve set to raise rates as Powell era begins

The Federal Reserve began its two-day policy meeting Tuesday which is expected to produce the first of at least three increases in the key interest rate this year. With economic forces gathering that are likely to fuel inflation in 2018, the central bank could raise the benchmark...

EU seeks Facebook data breach probe

The European Union pushed Tuesday for an urgent investigation into revelations that a firm working for Donald Trump presidential campaign harvested data on 50 million users. EU Justice Commissioner Vera Jourova, who has called the breach "horrifying", was meanwhile to seek clarification...