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National News

Fed raises interest rates for the first time since 2023

The Federal Reserve raised its benchmark interest rates for the first time since 2023 on Wednesday, aiming for a timelier return to the central bank’s 2% goal. This increase raises the central bank’s target by a quarter percentage point, to a range of 3.75% to 4.00%.

Zverev Defeats Shelton to Win U.S. Open Title

Alexander Zverev defeated American Ben Shelton 6-3, 7-6(2), 5-7, 6-2 on Sunday, winning the U.S. Open men’s singles title and his second Grand Slam championship of the year.