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The video covers three main news stories. First, the Federal Reserve cut interest rates to sustain economic growth amid global uncertainties. Next, Canadian Prime Minister Justin Trudeau apologized for wearing brownface at a 2001 party, acknowledging it as a racist act. Lastly, California Governor Gavin Newsom signed Assembly Bill 5 into law, requiring companies like Uber and Lyft to treat contract workers as employees, granting them rights such as minimum wage and sick leave.

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