NPR News: 07-29-2026 5PM EDT
Summary
The Federal Reserve held rates steady despite inflation concerns, while oil prices rose amid Iran tensions. The Trump administration is ending Medicare drug subsidies early, potentially raising senior premiums. Meanwhile, U.S. and Saudi airstrikes hit Iraqi militias, and Elon Musk’s XAI sued Minnesota over an AI ban. China opposes a new FCC ban on foreign robots, and the Seattle Mariners honored a local raccoon.
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Stocks drop after Fed holds rates steady
Todd Blanche AG nomination faces Senate doubts
Medicare drug plan subsidies ending early
Iraqi militias vow revenge after airstrikes
Dow Jones falls more than 2 percent
XAI sues Minnesota over AI nudification ban
China opposes FCC ban on foreign robots
Mariners announce Jimothy night for raccoon
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