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Asian stocks rise in anticipation of possible Fed stimulus action, unfazed by NKorea launch

(Luca Bruno / Associated Press)

BANGKOK — Expectations that the Federal Reserve will announce a new stimulus plan to help bring life to a lethargic U.S. economy boosted Asian stock markets Wednesday. Investors brushed off North Korea’s latest test launch of a long-range rocket.

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Oil price rises on hopes Fed Reserve to do more to stimulate US economy, weaken dollar

BANGKOK — The price of oil rose Wednesday as investors anticipated that new measures to perk up the U.S. economy will be announced at the end of the Federal Reserve’s policy meeting.

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US condemns NKorean missile launch as ‘provocative act’ that threatens regional security

WASHINGTON — The White House on Tuesday condemned North Korea’s successful launch of a long-range rocket, calling it a “highly provocative act” that threatens regional security.

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Why US economy could likely withstand a brief fall off the ‘fiscal cliff’ next year

WASHINGTON — It’s the scenario that’s been spooking employers and investors and slowing the U.S. economy:

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How much will my taxes go up? Questions and answers about the US ‘fiscal cliff’

WASHINGTON — Congress and the White House are struggling to avoid the “fiscal cliff,” the package of huge tax increases and spending cuts that kick in next year unless a budget agreement is reached first.

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Federal Reserve wraps up 2012 still facing high unemployment and sub-par economic growth

WASHINGTON — The Federal Reserve is wrapping up 2012 the way it began the year, searching for ways to help a U.S. economy that is still struggling with high unemployment and sub-par growth.

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North Korea declares its long-range rocket launch a success as US, neighbors protest

South Korean defense officials say the rocket was fired from a west coast launch pad but there was no immediate word if the device was successful.

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NKorea springs surprise with rocket launch, likely to draw international condemnation

(GeoEye, 38 North, North Korea Tech / Associated Press)

WASHINGTON — North Korea’s successful launch of a long-range rocket caught the world by surprise after the secretive regime in Pyongyang claimed technical issues had caused a delay. It drew immediate condemnation from the U.S.

The GOP's rich opportunity to help poor people

Former Republican Congressman J.C. Watts says that when his fellow conservatives talk about poor people, they too often sound like cooks who are awfully new to the kitchen: "You can have the recipe,'' he told me, but might have more confidence in "someone who's maybe made the cake."

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Obama administration formally recognizes Syrian opposition group

(STRINGER / REUTERS)

The Obama administration’s move is an effort to speed up the downfall of President Bashar al-Assad.

 

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