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Topic: Federal Reserve

The Federal Reserve building in Washington
The Federal Reserve building is seen in Washington on August 10, 2010. UPI/Alexis C. Glenn

Latest Headlines

Markets rally remains aloft
U.S. stock markets closed higher Wednesday, as records set on Wall Street continue to get broken and reset, lately on a daily basis.
Consumer borrowing rose in the first quarter of 2013, although credit card debt was little changed, the U.S. Federal Reserve said.
Buffett praises Fed Chairman Ben Berrnanke
Billionaire investor Warren Buffett offered high praise for U.S. Federal Reserve Chairman Ben Bernanke.
The U.S. Labor Department announced the U.S. economy created 165,000 jobs in April, and the unemployment rate slipped a notch to 7.5 percent.
The U.S. Federal Reserve said Wednesday it will keep its monetary policy intact, leaving security purchases and interest rates where they are for now.
Crude oil drops $1.28 per barrel Tuesday
Crude oil prices dropped down near $93 per barrel Tuesday on the New York Mercantile Exchange.
The Dallas Federal Reserve Bank said the growth in Texas manufacturing production was flat in April.
The U.S. Commerce Department reported gross domestic product grew at a 2.5 percent pace in the first quarter but don’t break out the champagne.
Manufacturing in the southern central U.S. states slipped modestly in April, the Kansas City Federal Reserve Bank said Thursday.
Forecasters expect the U.S. Commerce Department to report the U.S. economy grew a brisk 3.1 percent in the first quarter but don't break out the champagne.
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Arias Is Found Guilty of Murder in Arizona
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Jodi Arias (R) reacts as she hears the verdict of guilty of first degree murder after a four month trial in Phoenix, Arizona, May 8, 2013. Arias was convicted of murdering her lover Travis Alexander in Tempe, Arizona in June of 2008. UPI// Rob Schumacher/Arizona Republic/Pool