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Stocks move higher as traders wait on the Fed
Stocks move higher as traders wait on the Fed
The stock market is closing higher as investors anticipate that the Federal Reserve will keep programs to support the U.S. economy in place. The Dow Jones industrial average rose 138 points, or 0.9 percent, to 15,318 Tuesday. The Standard & Poor's 500 rose 12 points, or 0.8 percent, to 1,651. All 1

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Syrian pound tumbles on US plans to arm rebels
Syrian pound tumbles on US plans to arm rebels
Many exchange shops closed in Damascus on Tuesday, fearing more chaos a day after the Syrian currency plunged to a new record low, reflecting growing fears in the capital following a U.S. decision to arm rebel groups fighting to topple President Bashar Assad's regime. The currency woes add to the e

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Gunmen in Pakistan kill 2 anti-polio workers
Gunmen in Pakistan kill 2 anti-polio workers
Gunmen killed two anti-polio workers Sunday in northwest Pakistan, police said, the latest violence directed at efforts to eradicate the disease from the country. The two attackers shot the two Pakistani health workers while they were on a vaccination drive in rural Kandar village, said Swabi Distr

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Series of attacks kill 51 people across Iraq
Series of attacks kill 51 people across Iraq
A blistering string of apparently coordinated bombings and a shooting across Iraq killed at least 51 and wounded dozens Sunday, spreading fear throughout the country in a wave of violence that is raising the prospect of a return to widespread sectarian killing a decade after a U.S.-led invasion. Vi

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Metals decline as traders wait for Federal Reserve
Metals decline as traders wait for Federal Reserve
Metal prices fell as traders anticipate that the Federal Reserve may start easing its support for the economy. The price of gold for August delivery fell $16.20, or 1.2 percent, to $1,366.90 an ounce. Palladium and silver also declined. Only platinum bucked the trend and edged higher. The central ba

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Iran's president-elect says economy will take time
Iran's president-elect says economy will take time
Iran's newly elected reformist-backed president said Sunday that the country's dire economic problems cannot be solved "overnight," as he took his first steps in consulting with members of the clerically dominated establishment on his new policies. Hasan Rowhani's surprise victory in Friday's elect

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Investors look for answers on economy from Fed
Investors look for answers on economy from Fed
Worry and speculation have consumed investors since Chairman Ben Bernanke spoke to Congress last month about the Federal Reserve's drive to keep long-term interest rates at record lows. On Wednesday, many hope the Fed will settle the confusion. Will the Fed scale back its $85 billion-a-month in bon

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Oil falls near $98 a barrel before Bernanke speaks
Oil falls near $98 a barrel before Bernanke speaks
The price of oil fell Wednesday, before the conclusion of a U.S. Federal Reserve meeting. Benchmark oil for July delivery fell 13 cents to $98.31 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract rose 67 cents to close at $98.44 a barrel on th

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Moderate Iranian leader could hinder Israel
Moderate Iranian leader could hinder Israel
The surprising victory of a reformist candidate in Iran's presidential election has put Israel in a difficult position as it tries to halt the Iranian nuclear program: With Hasan Rowhani likely to enjoy an international honeymoon, Israel could have a hard time rallying support for new sanctions —

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Study finds housing bias against same-sex couples
Study finds housing bias against same-sex couples
A new study finds that same-sex couples are treated less favorably than heterosexual couples when seeking information about rental housing advertised online. The Department of Housing and Urban Development commissioned the national study, the first of its kind. It finds that gay and lesbian couples

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Amtrak: Subsidy cuts would jeopardize service
Amtrak: Subsidy cuts would jeopardize service
Amtrak's president says long-distance trains and some short-haul routes would be jeopardized and service in the busy Northeast corridor might have to be slowed if federal subsidy cuts proposed by a House subcommittee are realized. Iowa Republican Rep. Tom Latham is chairman of the House Appropriati

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The ins and outs of G-8 summit promises
The ins and outs of G-8 summit promises
Group of Eight summit participants are powerful people: the leaders of the U.S., Russia, Britain, Germany, France, Italy, Canada and Japan, plus top officials from the European Union. But they only make promises. There's no actual change until the words are pursued by individual governments or othe

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Chrysler agrees to recall of Jeeps at risk of fire
Chrysler agrees to recall of Jeeps at risk of fire
After initially defying federal regulators, Chrysler abruptly agreed Tuesday to recall some older-model Jeeps with fuel tanks that could rupture and cause fires in rear-end collisions. But the recall, which came in an 11th-hour deal between the automaker and the National Highway Traffic Safety Admi

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News Summary: FDA investigates 2 patient deaths
News Summary: FDA investigates 2 patient deaths
THE INVESTIGATION: Federal regulators are looking into the deaths of two patients who received injections of a longer-lasting version of Eli Lilly's antipsychotic Zyprexa. THE CIRCUMSTANCES: The Food and Drug Administration said the patients died three to four days after receiving an appropriate do

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Boehner: Senate bill weak on border security
Boehner: Senate bill weak on border security
House Speaker John Boehner (BAY'-nur) says any immigration bill passing the House ought to have support from a majority of both Republicans and Democrats. That's a high bar on a difficult, often partisan issue. Speaking to reporters on Tuesday, Boehner criticized a bipartisan Senate immigration bil

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Demonstrators flood Brazilian streets in protest
Demonstrators flood Brazilian streets in protest
Some of the biggest demonstrations since the end of Brazil's 1964-85 dictatorship broke out across this continent-sized country, with more expected Tuesday, protests uniting multitudes frustrated by poor transportation, health services, education and security despite a heavy tax burden. Mostly peac

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North Korea's top government body proposes high level nuclear and security talks with the US
North Korea's top government body proposes high level nuclear and security talks with the US
North Korea's top government body proposes high level nuclear and security talks with the US.

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FDA investigates Zyprexa Relprevv patient deaths
FDA investigates Zyprexa Relprevv patient deaths
Federal regulators are investigating the deaths of two patients who received injections of a longer-lasting version of Eli Lilly's antipsychotic Zyprexa. The Food and Drug Administration said Tuesday that the patients died three to four days after receiving an appropriate dose of the drug known as Z

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Obama hints Bernanke likely to leave Fed in Jan.
Obama hints Bernanke likely to leave Fed in Jan.
President Barack Obama has given the clearest signal yet that Chairman Ben Bernanke will likely leave the Federal Reserve when his term ends in January. During an interview with PBS' Charlie Rose that aired Monday, Obama said Bernanke has "already stayed a lot longer than he wanted or he was suppos

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NSA director says plot against Wall Street foiled
NSA director says plot against Wall Street foiled
The U.S. foiled a plot to bomb the New York Stock Exchange because of the sweeping surveillance programs at the heart of a debate over national security and personal privacy, officials said Tuesday at a rare open hearing on intelligence led by lawmakers sympathetic to the spying. The House Intellig

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