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Ovechkin appears in Putin party campaign ad

Alex Ovechkin appeared in a campaign video for Vladimir Putin’s United Russia party, prompting renewed criticism of the Washington Capitals star’s political ties. The Capitals said Ovechkin was “asked by his country to participate” while in Russia and that the matter will not affect the season ahead.

Fed raises interest rates for first time since 2023

The Federal Reserve raised its benchmark interest rate to 3.75% to 4%, its first increase since 2023, citing persistent inflation. President Donald Trump demanded lower rates as officials signaled more hikes may be possible.

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