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Fed stays 'patient' on rate hike; notes ultra-low inflation

 

WASHINGTON (AP) — The Federal Reserve reiterated Wednesday that it will be "patient" in raising rates from record lows but noted that inflation remains below its target even as the U.S. economy improved.

Last Updated on Wednesday, 28 January 2015

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After setting iPhone record, what does Apple do next?

SAN FRANCISCO (AP) — Apple CEO Tim Cook says consumer demand for new iPhones has been "staggering" and "hard to comprehend." That helped the company report record-smashing earnings for its latest quarter and primed its stock for a rally Wednesday.

Last Updated on Wednesday, 28 January 2015

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Governors associations top list of biggest state-race donors

 

ATLANTA (AP) — The Republican Governors Association and its Democratic counterpart were the dominant players in making donations to pay for state-level elections in 2014. The two groups often served as pass-throughs for billionaires, unions and corporations seeking influence in statehouses nationwide.

Last Updated on Wednesday, 28 January 2015

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Blizzard-stricken East digs out amid forecast 2nd-guessing

BOSTON (AP) — New Englanders savaged by a blizzard packing knee-high snowfall and hurricane-force winds began digging out as New Yorkers and others spared its full fury questioned whether forecasts were overblown.

Last Updated on Wednesday, 28 January 2015

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Senate to begin hearings for Obama attorney general nominee

WASHINGTON (AP) — President Barack Obama's attorney general nominee, Loretta Lynch, faces Senate questioners Wednesday as she seeks to become the first black woman to hold the nation's top law enforcement job.

Last Updated on Wednesday, 28 January 2015

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Poll: Most say restore health aid if court kills subsidies

WASHINGTON (AP) — More than 6 in 10 Americans would want Congress to restore federal financial assistance for millions buying health care coverage under President Barack Obama's health care law if the Supreme Court invalidates some of those government subsidies, a poll said Wednesday.

Last Updated on Wednesday, 28 January 2015

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Military has wide discretion on Bergdahl charges

WASHINGTON (AP) — Army and Pentagon officials said Tuesday there has been no decision on what, if any, criminal charges will be filed against Sgt. Bowe Bergdahl, the soldier who left his post in Afghanistan and was held by the Taliban for five years before being released in a prisoner exchange.

Last Updated on Wednesday, 28 January 2015

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Bill would grant war powers to fight Islamic State militants

WASHINGTON (AP) — The top Democrat on the House intelligence panel is introducing a bill Wednesday to authorize President Barack Obama's war against Islamic State militants, saying Congress should not wait to see if the White House sends over its blueprint of what the legislation should say.

Last Updated on Wednesday, 28 January 2015

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