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The Federal Reserve raised its key interest rate to highest in a decade

The Federal Reserve raised its key interest rate Wednesday in a vote of confidence in the U.S. economy’s durability while signaling that it plans to continue a gradual approach to rate hikes for 2018 under its new chairman, Jerome Powell.

 
Steve Wynn to sell shares of Wynn Resorts

Steve Wynn has notified Wynn Resorts that he plans to sell his shares, potentially pre-empting a decision by regulators in Massachusetts and Nevada to force him to do so.