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Fed Reduces Bond Purchases By Additional $10 Billion
Citing progress in the labor markets, the Federal Reserve said it would continue winding down its economic stimulus program. But Fed Chair Janet Yellen said the U.S. economy still faces headwinds.
Drop In New Home Sales May Be Sign Higher Rates Are Biting
The housing sector has been a bright spot for the economy. But a drop in sales of new homes last month has some economists thinking that higher mortgage rates might be sapping some of that sector's momentum.
41 Hours Of Retail: Kmart's Black Friday Plan Is Criticized
Online critics are throwing a red light on Kmart's Thanksgiving Day plan, with some calling the company a Grinch for its aggressive approach to the start of the Christmas shopping season.
ACLU Files 'Groundbreaking' Lawsuit Claiming Right To Learn To Read
The class-action lawsuit alleges the state of Michigan has failed to live up to its constitution by not teaching some children to read.
Billboard Voter Registration Campaign Kicks off Labor Day
The Dallas Regional Chamber has launched a “Vote 2012” initiative this Labor Day Weekend. It’s designed to get more people registered to vote in the…
Fitch Downgrades Spain's Sovereign Debt Three Notches To BBB
The credit rating agency said the country will likely need anywhere from 40 billion euros to 100 billion euros to recapitalize its banking sector.
Gabby Douglas Gets One More Gold, For Winning Facebook Fans
They've been called the first "Social Games" — and the London Summer Olympics have made social stars out of athletes like gymnast Gabrielle Douglas, who saw her Facebook fanbase grow by nearly 4,000 percent.
Romney And GOP-Linked Committees Close Fundraising Gap
With the latest campaign dollar totals officially on the FEC books, at least one thing is certain: President Obama will not have the huge spending advantage this November that he did four years ago. What is less certain: whether some big political donors can remain anonymous.
18 Innings Are A Lot, But Orioles-Mariners Game Is No Record-Breaker
The teams played a long, long, time Tuesday (and Wednesday). But in 1920, a game lasted 26 innings — and ended in a tie.
Challenges To Health Law Just Keep Coming
Oklahoma's attorney general claims that an IRS rule to implement the federal health overhaul law's subsidies for some insurance exchanges exceeds the agency's authority. The Congressional Budget Office says more people than previously estimated may have to pay a penalty for not having health coverage.
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