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Residents begin returning home after Los Angeles wildfire

ACTON, Calif. Thousands of California residents were allowed to returned home on Monday after a deadly, destructive wildfire forced them from their houses in recent days as it raged through drought-parched canyons and foothills north of Los Angeles.

Fed seen holding rates steady as inflation watch continues

SAN FRANCISCO The U.S. Federal Reserve is expected to keep interest rates unchanged this week, deferring any possible increase until September or December, as policymakers hold out for more evidence of a pickup in inflation.

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