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Business News
Fed stays 'patient' on rates while noting improving economy
WASHINGTON (AP) -- The Federal Reserve reiterated Wednesday that it will be "patient" in raising interest rates from record lows even as the U.S. economy moves steadily closer to full health....
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Comparing US Federal Reserve's views on rate rise timing
A comparison of the Federal Reserve's statements from its two-day meeting that ended Wednesday and its meeting December 16-17:...
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Correction: Earns-Amgen story
In a story Jan. 27 about drugmaker Amgen's quarterly results, The Associated Press misspelled the name of a drug and misstated the type of cancer another drug treats. The experimental drug is talimogene laherparepvec, not talimogene paherparepvec. Kyprolis treats blood cancer, not bone cancer....
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US stocks edge mostly lower after Fed statement
U.S. stocks drifted between small gains and losses in late-afternoon trading Wednesday as investors digested the Federal Reserve's latest policy announcement. The central bank reiterated that it will be patient in raising rates from record lows, noting that inflation remains ultra-low. But it also strengthened its assessment of the U.S. economy....
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S&P close to $1.37B deal over risky mortgage bond ratings
WASHINGTON (AP) -- Standard & Poor's is close to a $1.37 billion settlement with the Obama administration and U.S. states over allegations it knowingly inflated its ratings of risky mortgage investments that helped trigger the financial crisis....
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Poll
Will Sheldon Silver's ouster lead to meaningful changes in how Albany operates?
  Yes and it's about time!
  Maybe a little but it's a start!
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