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'A number of participants' on the FOMC this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as summer.
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Nasdaq OMX's $750 million deal to buy the eSpeed platform for trading U.S. Treasurys was a bet the government will keep maxing out the nation's credit card, CEO Robert Greifeld told CNBC.
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President Barack Obama is leaning toward picking Caroline Kennedy to be the next U.S. ambassador to Japan, a source familiar with the process said on Monday.
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An increase in the issuance of high-yielding bonds alongside leverage to purchase this debt has sparked renewed fears of a bubble in the credit markets, with one bank warning investors of the threats involved.
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A Manhattan federal judge on Monday signaled he will not rubber-stamp Citigroup's proposed $590 million settlement of a shareholder lawsuit accusing it of hiding tens of billions of dollars of toxic mortgage assets.
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Is Stephen Schwarzman's Blackstone Group really bidding for Dell? Or is it part of a bizarre, high-stakes charade? The New York Times reports.
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Following intense lobbying from the health insurance industry and members of Congress, the U.S. government said it will increase the payment rate for health insurers that offer coverage through the popular Medicare Advantage program.
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Billionaire investor Carl Icahn has taken a 9.27 percent passive stake in speech recognition and digital imaging software maker Nuance Communications.
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Facebook is expected to unveil new operating system for the android phone, and the consensus of analysts appears to be positive.
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There is a high probability that the current uptrend in the S&P 500 index will continue to 1,690, says this chartist.
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The United States has positioned a warship off the Korean coast as a shield against ballistic missile attack as South Korea's new president vowed swift retaliation against a North Korean strike.
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With only six months before the start of enrollment for Obamacare, state and federal health officials are racing to get insurance regulations and systems up and running in time.
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The pace of expansion in the U.S. manufacturing sector unexpectedly slowed in March, according to a new industry report released.
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What's bad news for corn investors could be good news for battered consumers if trends hold up.
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Signs of life in the job market could start pushing some employees to do what they've been dreaming about: quit. Too bad their employers probably won't see it coming.
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To win a guilty verdict against one of Steven A Cohen's most senior portfolio managers, U.S. prosecutors face a tough task: convincing a jury that a man who already admitted to breaking the law is telling the truth on the witness stand.
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Big business and big labor have settled on a framework for an immigration overhaul. Now, the lawmakers need to resolve the nitty-gritty—and keep their parties' political flanks mollified.
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A unit of Japan's Panasonic is under investigation by U.S. authorities looking at whether the company paid bribes overseas to airline employees or government officials to help land business.
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Abnormally cold weather curbs consumer demand for spring goods and apparel, but some companies, including drug chains and dollar stores, are benefiting from the spring’s delay.
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MetroPCS urged shareholders to support its proposed merger with Deutsche Telekom's T-Mobile USA after two proxy advisory firms recommended that shareholders vote against the deal.
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Hundreds of millions of tech-savvy young people have turned to a wave of smartphone-based messaging apps that are now sweeping across North America, Asia and Europe.
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President Obama will meet with families affected by the Tornado in Oklahoma on Sunday. Sen. Tom Coburn (R-OK) shares his appreciation for the leadership in his state that has risen midst tragedy.
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Gov. Tom Corbett (R-PA) and Austan Goolsbee, Chicago Booth School of Business, discuss the energy boom and the economic recovery in the U.S.
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IRS director of tax exempt organizations Lois Lerner invoked her 5th Amendment rights and was dismissed from the hearing today. Gov. Tom Corbett (R-PA); Joseph diGenova, Former U.S. Attorney; and Austan Gooslbee, Chicago Booth School of Business, discuss.