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The case for raising U.S. interest rates has strengthened in recent months because of improvements in the labor market and expectations for moderate economic growth, Federal Reserve Chair Janet Yellen said on Friday. The Fed has policy meetings scheduled in September, November and December. "In light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an increase in the federal funds rate has strengthened in recent months," Yellen said in prepared remarks.
France's top administrative court overturned a ban on burkinis in a Mediterranean town, in a decision Friday that should set legal precedent regarding a swimsuit crackdown that has divided the country ...
Spa-Francorchamps (Belgium) (AFP) - Dutch teenager Max Verstappen delighted his army of fans in the forests of the Ardennes on Friday afternoon when he topped the times in second free practice for this weekend's Belgian Grand Prix. The 18-year-old Red Bull driver, who was born 50 kilometres away from the sprawling and majestic Spa-Francorchamps circuit at Hasselt in Belgium, clocked a best lap of one minute and 48.085 seconds. It was the third time in Verstappen's brief Formula One career that he had topped the session times and did so in front of thousands of supporters camping under the trees in the unexpected heat-wave conditions.