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New Zealand Declares Emergency in Capital After It Was Battered by Torrential Rain

There were landslides, flash floods and the closure of more than 100 schools in Wellington and the surrounding region.

Here’s the latest.

HomeBusinessFed Divisions Underscore Challenge for Trump’s Next Chair

Fed Divisions Underscore Challenge for Trump’s Next Chair

President Trump wants substantially lower borrowing costs, but officials at the central bank appear ready to resist delivering further cuts if the economic backdrop does not warrant it.