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Federal Reserve Stays The Course On Stimulus

U.S. stocks rallied to new highs Wednesday on news the Federal Reserve is keeping its main stimulus program in place with no changes. Most analysts were expecting the Fed to start a gradual reduction in the level of stimulus.
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Fed Decision Gives Indian Market Temporary Reprieve

In India Thursday, markets soared tracking a global surge in assets. The rally erupted over the surprising move by the U.S. Federal Reserve to continue its monetary stimulus that has poured cheap money into the global economy.
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South Korea To Build 'Invisible' Skyscraper

South Korea is hoping to draw crowds to see a planned new skyscraper in Seoul. The Tower Infinity will feature cloaking technology with cameras and LED screens to help it appear invisible to buildings beside it. Airplanes will be able to see the building.
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Senators, Economists Lobby For Yellen To Be Fed Chairman

President Obama has taken his time in choosing a new Federal Reserve Chairman. It's a four-year post so whoever he picks will lead the central bank well into the next president's term. Top contender Larry Summers withdrew his name from consideration. Analysts speculate the No. 2 at the Fed, Janet Yellen, will now be the top choice.
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Starbucks Asks Customers To Leave Their Guns Behind

Starbucks — which has been caught in the cross hairs of the gun control debate — is now asking customers to consider its coffee houses gun-free zones. Until now, the company had not discouraged customers in open-carry states from bringing weapons into their stores.
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Employees Rally In Support Of American, U.S. Airways Merger

Workers for American Airlines and U.S. Airways rallied in Washington, D.C. on Wednesday to urge the Justice Department to speed up approval of the pending merger. The department is pushing to block the deal on the grounds that it would hurt travelers by reducing competition, and increasing airfare.
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Employers Trim Health Costs By Cutting Coverage For Spouses

As health costs keep rising, many firms are trying to run their benefits programs as leanly as possible. For some, that means not paying the claims of spouses who work for other companies. It costs more to insure the typical spouse than the typical employee, one analyst says.
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The Fed's Surprising Decision: Should You Cheer Or Boo?

The central bank's unexpected move to keep rates low for now was good news for stock investors and homebuyers, but oil prices surged and savers will have longer to wait before they see higher rates. The Federal Reserve concluded that the economy is still too weak and needs its continued help.
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Rick Perry Trying To Court Maryland Businesses

Texas governor Rick Perry was in Maryland on Wednesday to try and tempt Maryland businesses to come to the Lone Star state in pursuit of a friendlier tax environment.

NPR

Fed Decides Not To Taper Bond Buying Yet, Surprises Analysts

The Federal Reserve surprised the financial markets today with a decision to leave its main stimulus program in place. Most analysts expected the central bank to begin "tapering" its bond and securities purchases, but the Fed said it wanted to see more positive signs the economy is ready to stand on its own.

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