Archive for January 5th, 2013

Fed officials suggest possible end to asset purchases in 2013

January 5, 2013
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SAN DIEGO (Reuters) – The Federal Reserve could halt its asset purchases this year, two top Fed officials suggested on Friday, a view also gaining traction among economists at Wall Street’s top financial institutions.
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Republican Party seems as divided as ever

January 5, 2013
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BOSTON (AP) — The Republican Party seems as divided and angry as ever.
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Four dead after police standoff in Aurora, Colo.

January 5, 2013
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AURORA, Colo. (AP) — Four people, including an armed suspect, died during an hours-long police standoff Saturday at a Colorado townhome, authorities said.
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"Cliff" concerns give way to earnings focus

January 5, 2013
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NEW YORK (Reuters) – Investors’ “fiscal cliff” worries are likely to give way to more fundamental concerns, like earnings, as fourth-quarter reports get under way next week.
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Some gun shows canceling after Conn. mass shooting

January 5, 2013
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SARATOGA SPRINGS, N.Y. (AP) — Four gun shows, all about an hour’s drive from Newtown, Conn., all canceled.
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Wounded ex-Rep. Giffords meets with Conn. families

January 5, 2013
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NEWTOWN, Conn. (AP) — Just days before the second anniversary of a mass shooting that critically injured Gabrielle Giffords, the former congresswoman was in Newtown meeting privately with families of those killed during last month’s massacre at an elementary school.
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Citigroup to seek permission to buy back shares – WSJ

January 5, 2013
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NEW YORK (Reuters) – Citigroup Inc is planning to ask regulators for permission to buy back a “minimal” number of shares, the Wall Street Journal reported on Friday.
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Detroit police: U.S. has a gun problem and the epicenter seems to be here

January 5, 2013
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Violent crime in Detroit shadows the landscape like its rows of abandoned buildings, but now the city faces a new precedent, even as gun-related killings decline nationwide: More people were killed here last year than at any time in the past 20 years.
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AT&T, Microsoft among donors to Obama’s second inauguration

January 5, 2013
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WASHINGTON (Reuters) – More than 400 donors, including AT&T Inc and Microsoft, have contributed money to help pay for the festivities to mark President Barack Obama‘s inauguration to a second term, organizers said on Friday.
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Fed’s policy "thresholds" plan surprised dealers: poll

January 5, 2013
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NEW YORK (Reuters) – Very few Wall Street economists expected the U.S. Federal Reserve to adopt policy thresholds at its last meeting, results from a New York Fed poll of primary dealers showed on Friday, highlighting how surprising was the decision.
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