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The coffee giant is shuttering roughly 400 locations nationwide, concentrated in major cities, as part of CEO Brian Niccol's $1 billion restructuring plan.
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Some Federal Reserve officials who supported cutting a key interest rate earlier this month could have instead backed keeping the rate unchanged, minutes released Tuesday show, underscoring the divisions and uncertainty permeating the central bank.
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Deep Divide Inside Fed Raises Questions About Timing of Further Rate Cuts The New York TimesFed minutes show officials were in tight split over December rate cut CNBCMinutes of latest Federal Reserve meeting reveal deep divide over interest rates The GuardianFederal Reserve minutes highlight deep fissures at US central bank Financial TimesFed Officials Signal More Cuts Could Come in 2026: Minutes
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