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The Fed is expected to raise rates today, Neiman Marcus is considering a sale, and more news.

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THE FED
Is widely expected to announce an interest-rate increase today. It would be the second rate hike since December.

NEIMAN MARCUS
Is considering a sale, with Hudson's Bay already a potential buyer. America's largest luxury retailer has $5B in debt and is struggling with weak sales.

CEOs
Had the biggest increase in optimism since 2009, jumping 19.1 points to 93.3 points, according to a survey by the Business Roundtable’s CEO Economic Outlook Index.

QUOTE

There has rarely been a period when policy choices have mattered more for what comes next.-Christine Lagarde, Managing Director, IMF

Daily Top Headlines:
Animation: Lucy Clinch
Script: Katie Carroll, Isabelle Roughol
Art: Jacqueline Zaccor
Producer: Florencia Iriondo

Published in: News & Politics
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