News Wrap: U.S. eases sanctions on Venezuela's state-owned oil company

In our news wrap Wednesday, the U.S. is easing sanctions on Venezuela's state-owned oil company as it tries to tame the rise in oil prices brought on by the Iran war, the Federal Reserve expects to cut rates just once this year after leaving rates unchanged for a second-straight meeting and Pakistan and Afghanistan announced a temporary pause in cross-border fighting. Amna Nawaz: In the day's other headlines: The U.S. Federal Reserve expects to cut rates once this year after leaving rates unchanged for a second straight time today. In its statement, the Fed cited uncertainty brought on by the war with Iran. Jerome... [5396 chars]