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Caesars says comp cuts will help offset wage increases

Caesars Entertainment Corp. said Wednesday it expects to offset $80 million in increased labor costs this year with recently announced corporate level layoffs and fewer giveaways.

Fed foresees no rate hikes amid unusually low inflation

The Federal Reserve left its key interest rate unchanged Wednesday and signaled that no rate hikes are likely in coming months amid signs of renewed economic health but unusually low inflation.

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