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CNBC's Phil LeBeau reports Delta officially unveiled its new terminal at JFK Airport in New York today.
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*Fed expected to announce $45 bln/ month of Treasury buying. NEW YORK, Dec 12- U.S.
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NEW YORK/ BANGALORE, Dec 12- The U.S. economy is expected to remain sluggish next year, despite widespread expectations for more monetary stimulus from the Federal Reserve later on Wednesday, a Reuters poll showed.
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Dec 12- Delta Air Lines said on Wednesday that it expected profit growth in 2013 and would introduce a plan to return cash to shareholders. Chief Executive Officer Richard Anderson said during the carrier's investor meeting webcast that Delta, the No. 2 U.S. airline behind United Continental Holdings Inc, expected a profit of $1.6 billion for this year.
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Dec 12- The United States could have a "booming economy" in a couple of months if lawmakers in Washington reached an agreement to deal with the looming spending cuts and tax increases known as the fiscal cliff, JPMorgan Chase& Co CEO Jamie Dimon said.
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NEW YORK, Dec 12- Wall Street opened higher on Wednesday, after five straight days of gains, as investors anticipated the U.S. Federal Reserve will announce a fresh stimulus plan to support the economy at the end of a two-day monetary policy meeting. The Nasdaq Composite Index climbed 9.97 points, or 0.33 percent, to 3,032.27.
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*BlackRock sees S&P 500 at new peak by end-2013. NEW YORK, Dec 12- Wall Street was set for a sixth day of gains on Wednesday as investors anticipated the U.S.
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*Fed expected to announce bond buying of $45 billion a month. NEW YORK, Dec 12- The U.S. dollar fell against the euro and high-yielding currencies such as the Australian and New Zealand dollars on Wednesday on expectations the U.S.
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*BlackRock sees S&P 500 at new peak by end-2013. NEW YORK, Dec 12- U.S. stock index futures rose on Wednesday, setting Wall Street up for a sixth day of gains, as investors anticipated the U.S.
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LONDON, Dec 12- HSBC takes its name from its roots as the Hongkong and Shanghai Banking Corporation, but there has long been a joke inside and outside the firm that the name stands for "How Simple Became Complicated".
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*Fed to announce monetary policy decision at 12:30 p.m. ET. NEW YORK, Dec 12- U.S. stock index futures edged higher on Wednesday, setting Wall Street up for a sixth day of gains, as investors anticipated the U.S.
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NEW YORK, Dec 12- BlackRock, one of the world's biggest asset managers, expects the S&P 500 to hit a new record high in 2013, with the broad measure of U.S. stocks reaching 1,600 by the end of the year.
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NEW YORK, Dec 12- Applications for U.S. home mortgages rose last week as loan requests for new purchases hit its third straight high point on the year and fixed 30- year mortgage rates hit a historical low, an industry group said on Wednesday.
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LONDON, Dec 12- Gold prices rose in Europe on Wednesday ahead of a Federal Reserve monetary policy statement due later in the day, at which the U.S. central bank is expected to announce more stimulus measures to support the country's economy.
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*Detailed U.S. revenue accounting rules going away. *Change is part of effort to meld US, international rules. NEW YORK, Dec 12- The scandal at Autonomy, a UK software group bought last year by Hewlett-Packard Co, has some accountants wondering about the wisdom of new, global standards in the pipeline that would change how companies account for revenue.
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NEW YORK, Dec 12- U.S. stocks rose and the euro rallied against the dollar on Wednesday after the Federal Reserve ramped up its monetary stimulus as contentious U.S. budget talks heightened uncertainty about the economic outlook.
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NEW YORK/ LONDON, Dec 12- Raw sugar futures on ICE slipped to the lowest level in more than two years on Wednesday and cocoa jumped as the spot contract trading on Liffe expired, with dealers anticipating a small delivery.
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NEW YORK, Dec 12- A six-month electricity trading ban imposed on JPMorgan Chase& Co. by federal energy regulators is "not that big a deal," Chief Executive Jamie Dimon said on Wednesday. "I'm not worried about it," Dimon said at The New York Times Dealbook Conference in New York. Dimon said JPMorgan would continue to fight the ban, which he said was wrongly imposed. "
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NEW YORK, Dec 12- U.S. stocks added slightly to gains after the Federal Reserve announced plans to ramp up its stimulus to the economy. The Dow Jones industrial average was up 23.73 points, or 0.18 percent, at 13,272.17. The Nasdaq Composite Index was up 0.20 point, or 0.01 percent, at 3,022.50.
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NEW YORK, Dec 12- Pop star Britney Spears edged past Taylor Swift to claim the title of top-earning woman in music after bringing in an estimated $58 million from her album, endorsements and a perfume in the past year, Forbes said on Wednesday.
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*Fed expected to announce $45 bln/ month of Treasury buying. NEW YORK, Dec 12- U.S.