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  • WASHINGTON— The Department of Education has launched a new website to help people with student loans find a repayment option that best suits their needs. The Government Accountability Office found last year that many eligible borrowers don't participate in the income-driven repayment programs, in part, because the department doesn't consistently notify...

  • WASHINGTON— When the Federal Reserve chose Wednesday not to raise its key interest rate, it nevertheless made clear that its next move will be another increase. Some economists think it may not be until the second half of the year before the Fed raises rates again, in part to avoid departing too far from the policies of the Bank of Japan and the European Central Bank.

  • WASHINGTON/ NEW YORK, April 27- Activist investor William Ackman promised U.S. lawmakers on Wednesday that he will urge the board of Valeant Pharmaceuticals to reduce the high prices of four life-saving drugs that are now at the heart of two congressional probes. Speaking before the Senate Special Committee on Aging, Ackman revealed that Valeant's board will...

  • WASHINGTON _ Washington Real Estate Investment Trust on Wednesday reported a key measure of profitability in its first quarter. The average estimate of six analysts surveyed by Zacks Investment Research was for funds from operations of 41 cents per share. Six analysts surveyed by Zacks expected $78.1 million.

  • WASHINGTON _ CoStar Group Inc. on Wednesday reported first-quarter net income of $16.7 million, after reporting a loss in the same period a year earlier. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share. Four analysts surveyed by Zacks expected $197.8 million.

  • WASHINGTON/ NEW YORK, April 27- Activist investor William Ackman promised U.S. lawmakers on Wednesday that he will urge the board of Valeant Pharmaceuticals to reduce the high prices of four life-saving drugs that are now at the heart of two congressional probes. Speaking before the Senate Special Committee on Aging, Ackman revealed that he has already asked...

  • NEW YORK— It's now possible— though neither easy nor particularly convenient— to buy stuff on Facebook via automated messaging "bots." "I would totally shop using message bots for things I know I'm buying"— like soap, shampoo or socks, says Patrick Jones, a software engineer in Washington, D.C. But he doesn't quite see how bots would help with more personal purchases, such...

  • WASHINGTON, April 27- Mitsubishi Motors Corp, which has admitted manipulating fuel economy tests for mini-vehicles in Japan, on Wednesday said its vehicles for the model years 2013 to 2017 sold in the United States have correct mileage ratings. "Our findings confirm that fuel economy testing data for these U.S. market vehicles is accurate and complies with...

  • WASHINGTON— The House used a rare show of unanimity Wednesday to approve legislation requiring the government to get a search warrant if it wants people's older emails. Kevin Yoder, R- Kan., and Jared Polis, D- Colo.. Underscoring its broad support, the measure was backed by both the liberal American Civil Liberties Union and the conservative Heritage Action for...

  • WASHINGTON— When the Federal Reserve left its key interest rate steady Wednesday, it offered no clues to when it might act again yet made clear that it's edging toward raising rates again eventually. The European Central Bank and the Bank of Japan, for example, have loosened their interest-rate policies in recent months to try to stimulate growth.

  • WASHINGTON— Figures on government spending and debt in millions of dollars.

  • NEW YORK, April 27- Private equity firm Carlyle Group LP bucked its sector's trend on Wednesday by posting first-quarter earnings that beat market forecasts, even as it reported a drop in the assets managed by the firm that also set it apart from its peers. Carlyle said it earned an economic net income of $58.2 million after taxes, or 18 cents per share.

  • WASHINGTON— Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended:. Information received since the Federal Open Market Committee met in March indicates that labor market conditions have improved further even as growth in economic activity appears to have slowed. Growth in household spending has moderated,...

  • INDIANAPOLIS— In need of momentum after a five-state shutout, Republican presidential candidate Ted Cruz has tapped former technology executive Carly Fiorina to serve as his running mate. The Texas senator plans to unveil his pick for vice president Wednesday afternoon in Indianapolis, an unusual move for an underdog candidate that reflects the...

  • WASHINGTON— Federal Reserve keeps key interest rate unchanged, gives no hints on timing of next rate hike.

  • WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.. WASHINGTON— Commerce Department releases first-quarter gross domestic product, 8:30 a.m.. BERLIN— Germany's Federal Labor Agency releases April unemployment figures for Europe's biggest economy.

  • Marvell will also elect Robert Switz to the board. Feld, Hill, Khaykin and the additional independent director will stand for election as nominees of Marvell at the annual meeting of shareholders, together with Switz and incumbent independent directors Juergen Gromer, John Kassakian, Arturo Krueger and Randhir Thakur. Earlier this month Marvell announced...

  • NEW YORK, April 27- Oil prices retreated from 2016 highs on Wednesday after U.S. crude inventories built to record highs, with the market remaining in positive territory on bets that an upcoming U.S. central bank policy statement will keep the dollar weak. U.S. crude inventories climbed 2 million barrels last week to an all-time peak of 540.6 million barrels, the...

  • ATHENS/ BRUSSELS, April 27- Greece accused the International Monetary Fund on Wednesday of undermining negotiations over the release of more bailout funds needed in the next few weeks to repay debt. At issue is what measures Athens would take if it fails to reach fiscal targets by 2018. Athens argues that its constitution precludes legislation on a...

  • WASHINGTON— The FBI said Wednesday that it will not publicly disclose the method that allowed it to access a locked iPhone used by one of the San Bernardino attackers, saying it lacks enough "technical information" about the software vulnerability that was exploited. The FBI did not say how it had obtained access, leaving manufacturer Apple Inc. in the dark about...