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The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger/File Photo

Fed likely to hold rates steady one last time as inflation fight finale unfolds

The Federal Reserve is expected to open the door to interest rate cuts as soon as September by acknowledging inflation has edged nearer to the U.S. central bank’s 2% target.

Target Corp. Reported A 4 percent increase in second-quarter profits SPRINGFIELD, VA - AUGUST 14: The sign of a Target store is displayed August 14, 2003 in Springfield, VA. Target Corp. reported a 4 percent increase in second-quarter profits. (Photo by Alex Wong/Getty Images)

Target To Stop Accepting Personal Checks As Form Of Payment Starting Mid July

Target will no longer accept checks as a form of payment beginning July 15th.

An exterior view of an American Airlines B737 MAX airplane is seen at Dallas-Forth Worth International Airport in Dallas, Texas on December 2, 2020. - The Boeing 737 MAX will take another key step in its comeback to commercial travel on December 2, 2020 by attempting to reassure the public with a test flight by American Airlines conducted for the news media. After being grounded for 20 months following two deadly crashes, US air safety officials in mid-November cleared the MAX to return to service following changes to the plane and pilot training protocols. (Photo by Cooper NEILL / AFP) (Photo by COOPER NEILL/AFP via Getty Images)

American Airlines places its biggest plane order in more than a decade

American Airlines unveiled its biggest plane order since 2011, buying 260 new jets from Airbus, Boeing and Embraer.

Report: Capital One To Acquire Discover Financial Services

Credit card issuer and Warren Buffet-backed consumer bank Capital one, will acquire the credit card lender Discover Financial Services, according to The Wall Street Journal.