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Fed cuts rates on 7-3 vote, gives mixed signals on next move

The U.S. Federal Reserve cut interest rates by a quarter of a percentage point for the second time this year on Wednesday in a widely expected move meant to sustain a decade-long economic expansion, but gave mixed signals about what may happen next.

U.S. Congress to advance 'Hong Kong Human Rights and Democracy' bill

U.S. congressional committees are due to start voting next week on legislation supporting human rights in Hong Kong, with measures under consideration including annual reviews of the Chinese territory's special economic status and the imposition of sanctions on those who undermine its autonomy.

Trump on Fed: 'No 'guts,' no sense, no vision!'

President Donald Trump blasted the Federal Reserve for delivering only a quarter-percentage point interest rate cut on Wednesday, saying the central bank and its leader, Jerome Powell, had "No 'guts,' no sense, no vision!"

U.S. housing starts, building permits scale 12-year high

U.S. homebuilding surged to more than a 12-year high in August as both single- and multi-family housing construction accelerated, suggesting that lower mortgage rates were finally providing a boost to the struggling housing market.

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