WASHINGTON — Federal Reserve Chairman Jerome Powell indicated Wednesday that the Fed is likely to keep its benchmark short-term interest rate unchanged in the coming months, unless the economy shows signs of worsening. But for now, in testimony before a ...

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WASHINGTON — Chairman Ben Bernanke said Wednesday that the U.S. economy still needs help from the Federal Reserve’s low interest rate policies. Bernanke told the National Bureau of Economic Research that because unemployment remains high and inflation is below the ...

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WASHINGTON — The Federal Reserve said Wednesday that the U.S. economy “paused” in recent months because of temporary factors and reaffirmed its commitment to try to stimulate growth by keeping borrowing cheap for the foreseeable future. The Fed took no ...

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WASHINGTON — The Federal Reserve sent its clearest signal to date Wednesday that it will keep interest rates super-low to boost the U.S. economy even after the job market has improved significantly. The Fed says it plans to keep its ...

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WASHINGTON — A pickup in consumer spending and steady home sales helped lift economic growth in October and early November in most parts of the United States, according to a Federal Reserve survey released Wednesday. The one exception was the ...

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WASHINGTON — The Federal Reserve may be preparing to take further steps to stimulate an economy that remains too weak to reduce high unemployment. Minutes of the Fed’s Oct. 23-24 policy meeting, released Wednesday, suggest that it might unveil a ...

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RICHMOND, Va. — The U.S. government is asking a federal appeals court to rehear a challenge to a requirement that tobacco companies to put large graphic health warnings on cigarette packages. A three-judge panel of the U.S. Court of Appeals ...

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WASHINGTON — The Federal Reserve wants to find a clearer way to signal to the public when it might start raising interest rates. The Fed has told investors that it plans to keep short-term rates low for at least another ...

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As part of a years-long investigation into suspected liquor smuggling between Cecil County and New York retailers, federal investigators have raided five shops where people are suspected of illegally acting as middlemen for hundreds of thousands of dollars’ worth of alcoholic beverages since 2009.

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WASHINGTON — The Federal Reserve ends a two-day meeting Thursday with expectations high for some new action to jolt the lackluster U.S. economy. Many investors hope the Fed will take the bold step of launching a third bond-buying program. The ...

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