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  • NEW YORK, Aug 28- Wall Street ended near flat on Friday after comments by a top Federal Reserve official suggested that a September rate rise was more likely than some investors expected.

  • JACKSON HOLE, Wyo., Aug 28- The U.S. Some top policymakers, including Fed Vice Chairman Stanley Fischer, said the recent volatility in global markets could quickly ease and possibly pave the way for the first U.S. rate hike in nearly a decade. With a key policy meeting set for Sept. 16-17, at least five Fed officials spoke publicly in what amounted to a jockeying for...

  • WASHINGTON— Figures on government spending and debt.

  • *Doubts about China persist despite stabilization. NEW YORK, Aug 28- U.S. So I wouldn't want to go ahead and decide right now what the case is: more compelling, less compelling, et cetera, "Fed Vice Chairman Stanley Fischer told CNBC television on Friday when asked about the prospect of a September interest rate hike.

  • JACKSON HOLE, Wyo., Aug 28- China's economy is entering a treacherous phase as it moves away from traditional sources of growth like heavy manufacturing and real estate investment, but has yet to complete the transition to a new model, a prominent Chinese economist said on Friday. Officials are worried, "David Daokui Li, a professor at Tsinghua University, said at an...

  • *Refinery outages, Yemen tensions and storm watch fuel gains. NEW YORK, Aug 28- U.S. crude rose 6 percent on Friday, notching its first weekly gain in two months, after a rally in gasoline from refinery outages and concerns about strife in Yemen fed a second frenzied day of short-covering in oil. "A severely oversold and shorted oil market is creating a bid for covering...

  • NEW YORK— Oil prices surged again Friday, a day after recording their biggest gain in more than six years. U.S. crude rose 6.3 percent to finish at $45.22 per barrel after climbing 10.3 percent on Thursday. U.S. oil had fallen to a 6 ½ year low on Monday because of a global supply glut and worries about the health of China's economy.

  • Aug 28- Wall Street was moderately lower on Friday afternoon after comments by a top Federal Reserve official suggested that a September rate rise was more likely than some investors expected. Many on Wall Street have hoped the recent global market turbulence and worries about China's economy would lead the Fed to hold off raising rates, an expectation...

  • MOSCOW, Aug 28- Russian President Vladimir Putin signed a decree on Friday that will likely place Moscow's second-largest airport, Sheremetyevo, under the control of his businessman friend Arkady Rotenberg, an industry source said. Sheremetyevo, home to Russia's flagship airline Aeroflot, has fallen behind privately owned Moscow rival Domodedovo in terms...

  • The U.S. Agriculture Department, which oversees the Forest Service, is spending more than $150 million a week beating back several dozen blazes, he said. Senator Ron Wyden, an Oregon Democrat who is co-sponsor of a bipartisan bill that would assign national disaster status to the largest 1 to 2 percent of wildfires, freeing up emergency funding and preventing...

  • TORONTO, Aug 28- Bank of Nova Scotia, which reported a quarterly profit that beat market expectations on Friday, said bad loans in the energy sector climbed as the oil price selloff took a toll. Shares of Scotiabank, Canada's third-largest bank, were down nearly 1 percent in mid-afternoon trading. "It seems to me that it's going to be a tough year ahead for Bank of Nova...

  • *Gold down 2.3 pct for the week. *Palladium posts largest two-day gain since 2008. NEW YORK/ LONDON, Aug 28- Gold rose on Friday as technical indicators and suggestions the U.S. central bank may delay a rate rise provided support, but the metal was still on track to post its biggest weekly drop in five weeks amid dollar strength and strong U.S. economic data.

  • NEW YORK, Aug 28- After a dizzying two weeks that saw a rapid plunge and rebound in equity prices, investors are looking forward to a week of economic data that may provide clarity on the likelihood of a near-term U.S. interest rate hike and help tamp down the market's recent wild swings. Car sales, construction spending, the Federal Reserve's "beige book" and jobs...

  • DETROIT— Dan Gilbert's ownership presence in downtown Detroit has kept growing, with the addition of a vacant 38- story office tower and adjacent buildings to his stable of properties. Book Tower, the attached 13- floor Book Building and an adjacent two-story community center have been bought by Bedrock Real Estate Services. "This project is going to be one of...

  • NEW WINDSOR, N.Y.— State police say a pilot has died after his propeller-driven stunt plane crashed while he was practicing tricks for a weekend air show in New York's Hudson Valley. Trooper Steven Nevel said the accident happened around 2 p.m. Friday at Stewart International Airport in the Orange County town of New Windsor, where the New York Air Show is scheduled...

  • 8. Smoke Break, Carrie Underwood. 9. Good for You, Selena Gomez. 3. Honeymoon, Lana Del Rey.

  • The EPA says the rule, which took effect Friday in more than three dozen states, will safeguard drinking water for millions of Americans. The House has ignored a White House veto threat and passed a bill to block it, and a Senate committee has passed a measure that would force the EPA to withdraw and rewrite it. The senators— two Democrats and two Republicans— said in an...

  • Carter said funding for the Obama administration's newest manufacturing institute would go to the FlexTech Alliance, a consortium of 162 companies, universities and other groups, from Boeing, Apple and Harvard, to Advantest Akron Polymer Systems and Kalamazoo Valley Community College. He was speaking at NASA's Ames Research Center in the heart of Silicon...

  • ST. PAUL, Minn.— There were no quick answers Friday for UCare or Minnesota officials in the Minneapolis health care provider's case against the state, as a Minnesota judge said he'll decide sometime before a key deadline next week whether to give the company more time to win back its public health plan contracts. During the case's first hearing Friday, Ramsey...

  • DES MOINES, Iowa— Federal prosecutors prevailed Friday in their yearlong fight to force Google Inc. to turn over the emails of an indicted Republican consultant with close ties to Ron and Rand Paul. District Judge John Jarvey rejected a request to quash a warrant ordering Google to give the FBI the contents of Jesse Benton's Gmail account, which he used to work on...