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U.S shares close in red after Feds conclusion
Wall Street closed in red after that the Federal Open Market Committee (FOMC) ended its two-day monetary policy meeting and agreed to keep its benchmark interest rate unchanged at a record low between 0.0% and 0.25%, while the FOMCs statements had not seen any ...
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Williams says sorry over lucky gang rape girl gaffe
SERENA Williams has been forced to issue a full apology for saying that the 16-year-old victim of a gang rape had been "lucky" and that she "shouldn't have put herself in that ...
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Hitman labelled chronic liar by Bulgers lawyers
John Martorano has been questioned about varying stories he told over the years about killings he says were orchestrated by Bulger (83) and his gang. Martorano, who has admitted killing 20 people, testified yesterday in Bulger's racketeering trial in Boston. Bulger's lawyer branded Martorano a chronic liar, repeatedly pointing out inconsistencies between what he told investigators in ...
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Moscow rejects Obamas call for further nuclear arms cuts
Mr Obama offered to cut deployed nuclear arsenals by a third, however Moscow immediately rejected his proposal. Speaking in Berlin where John F Kennedy and Ronald Reagan gave rousing Cold War speeches, Mr Obama urged Russia to help build on the "New START" treaty that requires both countries to cut stockpiles of deployed nuclear weapons to 1,550 each by 2018. The speech, a day after ...
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Country legend Slim Whitman dies aged 90
Country star Slim Whitman has died. The high-pitched yodeller who sold millions of records through ever-present TV ads in the 1980s and 1990s and whose song saved the world in the film 'Mars Attacks!', died at a Florida hospital aged ...
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Fed to keep up bond-buying plan
The Federal Reserve in the US has said that it will maintain the pace of its bond-buying programme to keep long-term interest rates at record ...
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The China Dream a far cry from the American Dream - its Meng
The difference between what Western media thinks China dreams and what China actually says is of great significance for the future global language. China should compete for her names as she competes for everything ...
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Fewer drivers seen on July 4 as shorter holiday economy bite AAA
(Reuters) - Fewer drivers will take to the road during the Independence Day holiday in part due to a sluggish economy, but also because people will take less time off, travel group AAA said on ...
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Michael Hastings Wife Obliterates New York Times For Dismissive Obituary
Michael Hastings of Buzzfeed and Rolling Stone died Tuesday morning in a car crash. His wife has asked The New York Times to correct its obituary. (Photo by Paul Morigi/Getty Images for The ...
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Lawmaker university spar over control of Chinese dissident in U.S.
WASHINGTON (Reuters) - A U.S. congressman who has been blind Chinese dissident Chen Guangcheng's main champion in Washington said people working for New York University have tried to keep him from meeting Chen, barging into a meeting on Capitol Hill and pulling Chen out on one ...
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Milone Allows 6 Runs A’s Lose To Rangers
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SF Supes Hope New Legislation Will End Fights Over Food Trucks
SAN FRANCISCO (KCBS) -- New legislation by the San Francisco Board of Supervisors aims to stop the on-going economic war between restaurants and mobile food trucks. Part of the measures also attempts to steer public school students away from food-truck dining. The three measures strike a balance between the growing popularity of mobile food trucks and the impact they have on brick and mortar ...
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Larry Magid Yahoo To Offer Inactive Email Addresses To Other Users
SUNNYVALE (KCBS) --Internet giant Yahoo is giving some users a chance to grab email addresses that were previously unavailable. The company announced that it is resetting accounts that have been inactive for more than a year and making those usernames available on a first-come, first-serve basis. Its good news for the people looking for a username that might be used by someone else, but it ...
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Redfoo’s US Open Qualifying Attempt Is Great for Tennis
Stefan Gordy is set to begin an earnest attempt to qualify for tennis' final major of the year: the U.S. Open.If you, like I was, don't think you are familiar with Gordy, yes you ...
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‘Big Brother’ To Return With Two New Twists
Big Brother '; is bringing two new twists when it returns next week for its 15th season. For the first time, CBS has announced, three houseguests will be up for eviction each week instead of the usual two. This process will be further explained during the season ...
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Federal Reserve boosts outlook as U.S. recovery picks up speed
Traders work on the floor of the New York Stock Exchange as Ben S. Bernanke, chairman of the U.S. Federal Reserve, speaks on television, Wednesday, June 19, 2013. (Jin ...
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Americans Want Immigrants with Skills Just Not High-Tech Skills
A sizable plurality of Americans want the U.S. immigration system to favor immigrants with needed job skills, but they do not support increasing the number of guest workers for some of the industries most hungry for new employees, according to the latest United ...
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FBI uses drones in America director Mueller admits
FBI director Robert Mueller testifies at the Senate Judiciary Committee on June 19, 2013 in Washington, DC. Mueller confirmed that the FBI uses drones for domestic surveillance during the hearing on FBI oversight. (Alex Wong/AFP/Getty Images) While the FBI ...
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Roundup By Earning Split Dodgers Salvage Mattinglys New York Return
Chris Davis cleared the fences twice, giving him a major league-leading 26 homers, to help the Baltimore Orioles defeat the Tigers, 13-3, on Wednesday in Detroit. Davis hit a two-run homer in ...
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Minuteman U.S. border watch co-founder arrested on child sex charges
Chris Simcox, president of the Minuteman Civil Defense Corps, listens to a volunteer's radio transmission on the scout line 23 miles north of the U.S. and Mexican border in the Avra Valley during the organization's month long muster near Three Points, Arizona, March 31, 2007. Picture taken March 31, ...
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Kerry calls Karzai twice to smooth waters over Taliban talks
Hamid Karzai twice to try to mend fences over the U.S. outreach to the Taliban. The phone diplomacy occurred after Karzai said the Afghan government had suspended security talks with the United States in Kabul "in view of the contradiction between acts and the statements made by the United States of America in regard to the peace process." "The secretary spoke with President ...
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Federal Reserve policymaking group has power over economy through control of interest rates
The Federal Reserve's chief policymaking group, the Federal Open Market Committee, has vast power over the economy through its ability to set monetary policy. Here is a look at how the FOMC operates. Q: What is the FOMC's primary role? A: Its mission is to keep the economy, inflation and employment on a healthy track. When the economy weakens, Fed policymakers cut interest rates or ...
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Why are Americans afraid to wear Speedos
Every year I scan the beaches for men in Speedos and every year I am disappointed. The ridiculous board-shorts trend shows no sign of waning, writes Simon ...
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Edward Snowden vs. the Sovietization of America
didn't go to an Ivy League college presume to sit in judgment of his betters! Whatever their disagreements, politicians and talking heads of the left and the right agree: Snowden is a "traitor"! Their big problem, however, is that the American people think he did the right ...
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News Wrap Federal Reserve Paints Brighter Economic Picture
In other news Wednesday, the Federal Reserve estimated unemployment will fall a little faster than expected in 2013 and 2014. Also, the Internal Revenue Service is in the spotlight again, this time for its plans to pay bonuses to employees despite a White House directive to stop those payments under automatic spending ...
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