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Wynn praises features of new Macau resort

On the verge of Wynn Resorts’ opening of a 1,700-room resort on Macau’s Cotai Strip next month, the Las Vegas company reported an improved financial performance for the Chinese enclave and second-quarter earnings that surpassed analysts’ expectations.

Fed seems to warm to September rate hike

The Federal Reserve said Wednesday that near-term risks to the U.S. economy have diminished, reviving the prospect that it will resume raising interest rates as soon as September.