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Business News
Dow in record terrain after Fed keeps rates intact
NEW YORK (AP) -- U.S. stocks marched into record territory Wednesday afternoon after the Federal Reserve gave investors some clarity by deciding to keep a key interest rate at a record low....
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IMF readies $127M for 3 countries battling Ebola
WASHINGTON (AP) -- The International Monetary Fund said Wednesday it is preparing $127 million in zero-interest loans to the three African countries hardest hit by the Ebola outbreak - Guinea, Liberia and Sierra Leone....
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Yellen: Fed balance sheet to take years to shrink
WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen says "it could take until the end of the decade" to shrink the Fed's record investment portfolio to more normal levels....
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Fed signals plan to keep key rate at record low
WASHINGTON (AP) -- The Federal Reserve signaled Wednesday that it plans to keep a key interest rate at a record low for a considerable period because a broad range of U.S. economic measures remain subpar....
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Fed increases estimate for key rate at end of 2015
WASHINGTON (AP) -- Federal Reserve policymakers have slightly increased their estimate of what the Fed's benchmark interest rate should be at the end of 2015 compared with their estimate three months ago....
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