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Wife of Princeton Student ‘Unjustly Imprisoned’ in Iran Calls for His Release

The wife of a Princeton University graduate student sentenced to 10 years in prison for espionage in Iran said Tuesday that he had been “unjustly imprisoned” and called for his immediate release. “My husband, Xiyue Wang, is one of the kindest, most thoughtful, and most loving men I have ever known,” his wife, Hua Qu, said in a written statement. “He has been a devoted husband to me and a father to our four-year-old son. “We fervently hope that the Iranian authorities will release him soon so that he can…

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US Lawmaker Calls for Hearing on Amazon’s Whole Foods Deal

The top Democrat on the U.S. House of Representatives’ antitrust subcommittee has voiced concerns about Amazon.com Inc.’s $13.7 billion plan to buy Whole Foods Market Inc and is pushing for a hearing to look into the deal’s potential impact on consumers. The deal announced in June marks the biggest acquisition for the world’s largest online retailer. Amazon has not said what it will do with Whole Foods’ stores and other assets, but analysts and investors worry the move could upend the landscape for grocers, food delivery services and meal-kit companies….

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Defense Bill Calls Climate Change National Security Threat

The Republican-led House decisively approved a defense policy bill on Friday that declares climate change a national security threat, demands rigorous oversight of the Pentagon’s cyber operations and rejects the Trump administration’s bid to close military bases. Lawmakers voted 344-81 on Friday to pass the sweeping legislation. The bill authorizes $696 billion in defense spending for the 2018 fiscal year, including nearly $30 billion more for core Pentagon operations than President Donald Trump requested. Yet defense hawks pushing the hardest for the big boost in spending still face an uphill…

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Federal Reserve Chief Calls Risks of Inflation ‘Two-sided’

Federal Reserve Chair Janet Yellen on Thursday said she believed the risks concerning inflation are “two-sided,” stressing that price gains could both accelerate or slow down.   Testifying for the second day before Congress, Yellen sought to expand on remarks she had made Wednesday before the House Financial Services Committee in an apparent effort to adjust views in financial markets.   In her House comments, Yellen discussed the possibility that a recent slowdown in inflation could persist longer than the Fed expects. The comments helped trigger a big market rally,…

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