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Wall Street closes higher as Yellen backs more stimulus

Wall Street's main indexes rose on Tuesday as U.S. Treasury Secretary nominee Janet Yellen advocated for a hefty fiscal relief package before lawmakers to help the world's largest economy ride out a pandemic-driven slump.

Supreme Court justices lean toward FCC bid to loosen media ownership rules

Conservative U.S. Supreme Court justices signaled sympathy on Tuesday toward a bid by President Donald Trump's administration, backed by broadcast companies, to loosen regulations that critics have said promote a diversity of views in local broadcast media and ownership by racial minorities and women.

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