UNITED STATES

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Consumer prices rise marginally, core falls

Consumer prices rose less than expected in January, while prices excluding food and energy fell for the first time since 1982, supporting the Federal Reserve's contention it would keep its benchmark interest rate low for an extended period.

Obama team raises pressure on health insurers

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A report by the Department of Health and Human Services said: These massive increases are disturbing examples of the problems that make reforming our health insurance system more important than ever.

Wall Street poised for lower open after Fed move

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Wall Street looked set for a lower open on Friday after an unexpected increase in the Federal Reserve's discount rate that signaled to some investors that the U.S. central bank may be starting to retreat from its easy money policy.
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Top U.S. Pacific Marine says base must be in Okinawa

The top U.S. Marine in the Pacific said on Friday that his forces needed to be based on the southern island of Okinawa for strategic reasons, as Tokyo struggles to resolve a dispute with Washington over relocating a base.
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China says Obama hurt ties by meeting Dalai Lama

China accused President Barack Obama of damaging ties by meeting the Dalai Lama and said it was up to Washington to repair relations between the two global powers, while stopping short of threats of retaliation.
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Futures down on Fed's discount rate rise

Stock index futures dipped on Friday on a surprise announcement by the Federal Reserve that signaled to some investors that the central bank may be retreating from its easy money policy.
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IAEA fears Iran working now on nuclear warhead

The U.N. nuclear watchdog said on Thursday it feared Iran may be working now to develop a nuclear-armed missile, as Washington warned Tehran of consequences for ignoring international demands to stop its atomic program.
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Russia urges Iran to cooperate on nuclear issue

Russia said on Friday Iran must cooperate more actively with the U.N. nuclear agency to convince the world its nuclear program is peaceful, and gave fresh signals the Kremlin may back sanctions.
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Dollar jumps, commodities, stocks hit by Fed move

The U.S. dollar rose broadly, commodity prices dropped and stocks fell on Friday after the Federal Reserve stunned markets by lifting an emergency lending rate for the first time since the financial crisis.
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Dollar jumps, commods, stocks hurt by Fed action

The U.S. dollar rose broadly, commodity prices dropped and stocks fell on Friday after the Federal Reserve stunned markets by lifting an emergency lending rate for the first time since the financial crisis.
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Probe traces Google attacks to 2 Chinese schools: report

Recent cyber attacks on Google and other American corporations have been traced to a top Chinese university as well as a school with ties to the Chinese military, the New York Times reported on Thursday, citing people involved in the investigation.
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Fed hikes discount rate but not tightening policy

The U.S. Federal Reserve on Thursday made its first interest rate move since December 2008, hiking an emergency lending rate it charges banks, but insisted borrowing costs would not rise for consumers or companies.
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Fed hikes discount rate, says loose policy to stay

The Federal Reserve raised its emergency lending rate for the first time since the financial crisis, lifting the dollar and hitting bonds as markets brushed off Fed assurances it was not a prelude to a rise in the main policy rate.
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FCC expands broadband access at schools

The Federal Communications Commission voted to expand a school program that is likely to help increase Americans' access to high-speed Internet, a major goal of the upcoming National Broadband Plan.
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Dell margins miss Street view, shares fall

Dell Inc's quarterly gross margin missed Wall Street expectations, hurt by sales of lower-priced personal computers for consumers and a rise in costs for memory chips and other components.
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Capital One to reimburse customers $775,000

Capital One Financial Corp will reimburse about $775,000 to customers following an agreement with U.S. bank regulators over complaints of credit card account closing practices.

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