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US Fed begins two-day meeting set to end with rate cut

The meeting began at 10:30am in Washington (1430 GMT), the US central bank announced in a statement. The Fed's rate decision will be announced on Wednesday afternoon local time.

Biden, Harris announce ‘historic’ deal to cut US drug prices

The "historic" agreement with drugmakers will reduce the price of 10 key medicines for seniors, for conditions including diabetes, heart failure and blood clots, they said in joint statements released by the White House.