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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.

Judge: Federal wagering law only applies to sports gambling

Nevada’s gaming industry can take a sigh of relief after a federal judge ruled Monday that a law prohibiting interstate wagering applies only to sports gambling.

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.

Amazon says 10M items now qualify for 1-day delivery

Amazon, which has been working to deliver orders faster, says that more than 10 million items now qualify for next-day delivery.

Peter Carlino stepping down as Penn National Gaming chairman

Peter Carlino resigned from the board of directors Tuesday, and the change will go into effect June 12, according to a Securities and Exchange Commission filing from Penn National. The SEC filing from Penn National said Carlino didn’t resign from “any dispute or disagreement.

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