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The U.S. Federal Reserve on Tuesday kept interest rates at their record low of near 0 per cent as it warned that the U.S. recovery from a deep recession has slowed in recent months.
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Christine O'Donnell, Republican candidate to take Joe Biden's senate seat in Deleware, denied Tuesday charges leveled against her that she had misappriated some $20,000 in campaign funds.
Republicans in the U.S. Congress say they are developing plans to roll back portions of President Obama's new healthcare law after the November election.
So far this year, Phil Angelides has made Alan Greenspan squirm. He's rattled the head of Goldman Sachs and put the nation's chief money men, Ben Bernanke and Timothy Geithner, on the spot about the stock market crash.
The worst U.S. recession in generations came to an end in June 2009, the National Bureau of Economic Research (NBER) declared on Monday.
U.S. President Obama named Harvard University Professor Elizabeth Warren his assistant to shape a new agency created to protect consumer financial interests.
Sharply divided along partisan lines, the Senate Thursday passed by 61 to 38 the Obama administration's plan to provide the nation's ailing small businesses with tax breaks and easier access to capital.
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