UNITED STATES

US top court rules for AT&T in arbitration case

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The U.S. Supreme Court ruled on Wednesday for an AT&T Inc unit seeking arbitration for a dispute over cellphone taxes rather than allowing customer claims to be brought together as a group.

Instant View: Fed notes pickup in inflation

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The Federal Reserve signaled on Wednesday it is in no rush to scale back its extensive support for the U.S. economy and said a run-up in commodity prices that has dented growth should be fleeting.
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Donald Trump: Release Your Tax Returns?

“Maybe I’m going to do the tax returns when Obama does his birth certificate. I may tie my tax returns into Obama’s birth certificate,” said Donald Trump last week in an interview with ABC’s George Stephanopoulos.
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Wall St up after Fed decision

Stocks were higher on Wednesday after the Federal Reserve signaled that it was in no rush to scale back its extensive support for the U.S. economy.
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Brent oil pares gain on U.S. inventory rise

Brent oil pared gains to around $124 a barrel on Wednesday and U.S. crude fell as a big rise in U.S. inventories countered support from a weaker dollar before a Federal Reserve statement expected to keep a loose monetary policy.
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Bernanke seen indicating no haste to tighten policy

Federal Reserve Chairman Ben Bernanke on Wednesday will likely use his first-ever news conference on monetary policy to hammer home the case for a patient approach to withdrawing the central bank's extensive support for the U.S. economy.
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Wall Street edges higher on earnings, Fed on tap

Forecast-beating results from big U.S. corporations and expectations of more of the same easy money policies from the Federal Reserve lifted Wall Street on Wednesday, with stocks set to run higher after the S&P 500 moved above a technical resistance level.
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Durable goods orders up, buoy manufacturing view

New orders for long-lasting U.S. manufactured goods rose solidly in March and bookings for the prior month were much stronger than initially thought, pointing to strength in the manufacturing sector.

Jesse Jackson says birther issue driven by racism

The Rev. Jesse Jackson, probably the most well known civil rights activist in the U.S., believes the birther issue against President Barack Obama is purely driven by racism and represents part of a wider scaling back of civil rights gains by black Americans.
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WellPoint raises full-year view as profit beats

WellPoint Inc posted a quarterly profit far above analyst estimates, helped by health plan membership gains and lower-than-expected medical costs, and the insurer raised its full-year earnings outlook.
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Wall Street set to rise on earnings, Fed on tap

Forecast-beating results from big U.S. corporations and expectations of more of the same easy money policies from the Federal Reserve lifted index futures on Wednesday, with stocks set to run higher after the S&P 500 moved above a technical resistance level.
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Oil above $124 as weak dollar supports

Brent crude oil edged above $124 a barrel Wednesday as support from a weaker dollar, ahead of a Federal Reserve statement expected to maintain loose monetary policy, countered rising U.S. inventories.
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We should have been safe with Sony, say gamers

Sony PlayStation gamers expressed shock and disappointment on Wednesday at a massive data hack in which their names, addresses and credit-card details might have been stolen from the PlayStation Network.

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