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CAIRO (AP) — The International Monetary Fund has announced a debt relief package for Sudan, a step in helping the country as it tries to rejoin the global economy after years of isolation.

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WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Tuesday responded to concerns from Republican lawmakers about spiking inflation by reiterating his view that current price increases will likely prove temporary.

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WASHINGTON (AP) — Two months of sharply rising prices have raised concerns that record-high government financial aid and the Federal Reserve’s ultra-low interest rate policies — when the economy is already surging — have elevated the risk of accelerating inflation.

Connecticut is poised to become the 19th state to legalize adult, recreational use of cannabis, now that a long-awaited bill has cleared the General Assembly and Democratic Gov. Ned Lamont has said he'll sign it into law. While it will be legal as of July 1 for adults 21 years and older to possess up to 1.5 ounces (42.5 grams) of marijuana, it's likely going to take at least a year before an industry is up and running.

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NEW YORK (AP) — Stocks are slumping on Wall Street Friday, and the S&P 500 is on track for its first losing week in four, as more steam comes out of banks and other stocks that soared earlier this year with expectations for the economy and inflation.

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WASHINGTON (AP) — The Biden administration has sued to block the merger of two of the world's largest insurance brokers, asserting the deal could eliminate competition, raise prices and hamper innovation for U.S. businesses, employers and unions that use the companies' services.

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WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it may act sooner than previously planned to start dialing back the low-interest-rate policies that have helped fuel a swift rebound from the pandemic recession but have also coincided with rising inflation.

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DUBAI, United Arab Emirates (AP) — Iran grappled with fears of low voter turnout two days ahead of its presidential election as the race narrowed on Wednesday into a showdown between the country’s hard-line judiciary chief and moderate former Central Bank chief.

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DENVER (AP) — Colorado Gov. Jared Polis on Wednesday signed into law legislation requiring insurers to offer a standard state-supervised health plan to people and small business. The law also provides for sanctions for hospitals and other health care providers that don't participate in lowering costs.

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TEHRAN, Iran (AP) — A prominent contender in Iran’s presidential election appealed Tuesday for better economic and political relations with the West, his most extensive attempt yet to attract reformist voters just days ahead of the poll.

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WASHINGTON (AP) — Vice President Kamala Harris announced Tuesday that the Biden administration is distributing $1.25 billion to hundreds of community lenders in an effort to help boost the economic recovery from the coronavirus for small businesses and disadvantaged business owners.

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