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Powell hints Fed will cut interest rates, if needed, over trade wars

Chairman Jerome Powell said Tuesday that the Federal Reserve is prepared to respond to the Trump administration’s trade conflicts to protect the U.S. economy, signaling that the Fed will cut interest rates if necessary.

Apple shows off new software, even as iTunes expected to die

Apple CEO Tim Cook kicked off a keynote Monday that previewed upcoming changes to the company’s phone and computer software, some intended to help it diversify to offset eroding sales of its iPhone.