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Business News
US stocks mostly unchanged on lower oil, higher inflation
NEW YORK (AP) -- U.S. stocks were mostly unchanged in afternoon trading Friday as energy companies fell along with the price of oil. Investors are weighing the latest batch of corporate earnings results and a report showing a slight increase in inflation last month....
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Timeline: Key steps among companies in animal welfare
Major animal-welfare moves announced by food and retail companies since 2012:...
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Yellen: 1st rate hike likely by year end if economy improves
WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen said Friday she expects to begin raising interest rates later this year - if the job market improves and the Fed is confident inflation will climb closer toward its target rate....
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Target settlement with MasterCard fails to get bank support
NEW YORK (AP) -- A $19 million deal between Target and MasterCard to settle lawsuits stemming from the retailer's pre-Christmas 2013 data breach has been scrapped, because it didn't get enough support from banks and credit unions....
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US oil and natural gas rig count drops by 3 to 885
HOUSTON (AP) -- Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by three this week to 885....
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