USDA opens more Iowa conservation land for haying Iowa lawmakers have gotten their wish and the U.S. Department of Agriculture has agreed to open more conservation land for livestock grazing. Earlier this week, the members of Iowa's congressional delegation wrote a letter to Agriculture Secretary Ed Schafer. They asked for more land in the Conservation Reserve Program to be released to help with flood recovery efforts. 08 Aug 2008
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Legal reserve costs push ResCare to 2Q loss ResCare Inc., which provides residential, training and support services to people with physical and mental disabilities, said Friday it swung to a loss in the second quarter after expanding its legal reserves. 08 Aug 2008
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Iraq resumes oil exploration after long halt Iraq resumed oil exploration Friday after two decades in an attempt to determine whether more oil reserves lie beneath its territory, an Oil Ministry official said. 08 Aug 2008
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Petroleum Development ups reserves estimate Oil and natural gas producer Petroleum Development Corp. has upped the size of its proven reserves by 16 percent. The Bridgeport-based company estimates its proven reserves are equal to 797 billion cubic feet of gas as of July 1. That's up from 686 billion cubic feet at the end of last year. 07 Aug 2008
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Gold Investments Market Update - Federal Reserve Statement Warns of Stagflation Gold finished trading in New York yesterday at $878.90, down $20.50 and silver was down 56 cents to $16.57. Gold has recovered somewhat in Asian and early European trading and is trading at $885.20/885.70 per ounce (1200 GMT). 06 Aug 2008
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US Federal Reserve approves ICBC New York branch The U.S. Federal Reserve has approved an application by China's biggest lender, the Industrial & Commercial Bank of China, or ICBC, to open a branch in New York. 06 Aug 2008
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Federal Reserve statement on interest rates The text of the Federal Reserve's statement following the Tuesday meeting of its open market committee: The Federal Open Market Committee decided today to keep its target for the federal funds rate at 2 percent. 05 Aug 2008
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The Federal Reserve says that inflation will begin to moderate this year FXtstreet.com - Federal Reserve policy Committee decided today by mayority to keep its Finds Rate unchanged at 2.0% for fourth month consecutive, Last cut was on April 30th. This decision is in line of the market expectations, as inform published today by the FOMC's press office. 05 Aug 2008
Duke sworn in to short-staffed Fed Banker Elizabeth Duke was sworn in as a member of the Federal Reserve, which has been battling housing, credit and financial crises with a short staff. 05 Aug 2008
14.52%QQQQ 35.13 
