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Capital inflows into India not to be hit His speech at an annual economic conference was keenly anticipated, but, contrary to speculation, Ben Bernanke, chairman of the US Federal Reserve, did not unveil any new plan to stimulate the flagging American economy. Speaking at a conference in Jackson Hole, Wyoming, Bernanke said he was optimistic about the medium- and long-term prospects for the US economy. He also urged the federal administration
Fed caution supports stocks gold tumbles
World stocks edged up on Thursday, while gold fell sharply as investors took an optimistic view of how clearly the Federal Reserve will commit to supporting the economy, at a gathering scheduled
Jackson Hole and the Great Risk-off
Moody's cuts Japan credit rating to Aa3
The yen came under light pressure on Wednesday after Moody’s cut its rating of Japan’s government debt and on news that Finance Minister Yoshihiko Noda will hold a news conference on
Michigan Dad: 6-year-old unfazed by hole-in-one
A Michigan father says his 6-year-old son is unfazed after getting a hole-in-one at a Hawaii golf course. |
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