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Rapprochement With Cuba: What It Includes And Excludes

President Obama's move to restore diplomatic ties with Cuba does not lift the trade embargo. That jurisdiction belongs to Congress, but do the upcoming changes all but undermine the embargo?
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Fed: Interest Rates Could Rise As Early As May 2015

After a two-day meeting, Federal Reserve policymakers say they will be "patient" before starting to raise interest rates from historically low levels.
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McAuliffe To Propose Limitations On Credits And Deductions In Virginia

Virginia Gov. Terry McAuliffe is taking aim at tax preferences, hoping to balance the commonwealth's budget by targeting costly measures.

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Obama Expected To Impose New Sanctions On Russia

Aides say Obama will sign a bill authorizing new economic sanctions against Russia in retaliation for its ongoing interference in Ukraine. Russia's economy is reeling from earlier western sanctions.
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Is Russia's Currency On Its Way To Collapse?

The Russian ruble hit new lows on Tuesday despite efforts by the country's central bank to stop the selling. The currency lost 11 percent of its value.
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Ruble's Drop Has Implications For Global Economy

Russian President Vladimir Putin has been conspicuously silent since the ruble's plunge. Renee Montagne talks to Russian business journalist Kirill Belyaninov about why the ruble is in freefall.
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Fed Officials May Be Closer To Raising Interest Rates

The Federal Reserve is expected to drop the phrase that says it will keep interest rates low for "a considerable time." Renee Montagne talks to David Wessel of the Brookings Institution
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Ruble's Troubles Tied To Falling Oil Prices, International Sanctions

The world benchmark for oil fell below $60 on Tuesday. Russia's Central Bank hiked interest rates in a bid to support the plummeting ruble, but had little success.
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Economists: Congress Gets A Hat Tip (Barely) For Its Efforts

Congress passed no laws addressing the minimum wage, tax reform, trade or immigration this year. But judged by the low recent standards, lawmakers got light applause from economists.
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'Reshoring' Trend Has Little Impact On U.S. Economy, Study Finds

"Reshoring," or bringing U.S. jobs back from overseas, is not as prevalent as has been reported, a consulting firm's research finds. The study found a total of 300 cases from 2013.

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