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Headlines From The Associated Press

  • US consumer prices fall 0.2 percent in August
    WASHINGTON (AP) -- U.S. consumer prices edged down in August, the first monthly drop since the spring of 2013, as gasoline, airline tickets and clothing prices all fell. It was the latest evidence that inflation remains under control....
  • US current account deficit dips to $98.5 billion
    WASHINGTON (AP) -- The U.S. current account trade deficit narrowed slightly in the April-June quarter, reflecting gains in exports of oil and civilian aircraft and a bigger surplus in Americans' overseas investment earnings....
  • Sony forecasts $2B loss as smartphones lag
    TOKYO (AP) -- Sony expects its annual loss to swell to $2 billion and has canceled dividends for the first time in more than half a century after writing down the value of its troubled smartphone business....
  • Financial markets awaiting any Fed signal on rates
    WASHINGTON (AP) -- Financial markets are awaiting the end of a Federal Reserve meeting Wednesday to see whether the Fed sends any clearer signal about the timing of an interest rate increase....
  • World stocks mostly higher ahead of Fed statement
    KUALA LUMPUR, Malaysia (AP) -- World stock markets were mostly higher Wednesday, buoyed by hopes that the Federal Reserve will not speed up plans to raise interest rates and reports that China is providing extra liquidity to major state banks....
  • FedEx tops Street 1Q forecasts
    MEMPHIS, Tenn. (AP) -- FedEx's fiscal first-quarter net income rose 24 percent, thanks partly to a strong performance by its ground division....
  • Alibaba post-IPO structure gives insiders control
    BEIJING (AP) -- Control over Alibaba Group will stay in the hands of founder Jack Ma and other company veterans after the Chinese e-commerce giant goes public on the New York Stock Exchange in a record busting share sale....
  • Family Dollar tells investors to reject takeover
    MATTHEWS, N.C. (AP) -- Family Dollar is telling shareholders to reject an unsolicited, $9.1 billion takeover bid by its rival, Dollar General....
  • Anheuser-Busch, McDonald's voice NFL disapproval
    Major sponsors including Anheuser-Busch are adding to the chorus of disapproval over the National Football League's recent scandals, but the companies are stopping short of pulling advertising....
  • Cuts to food stamps will only hit 4 states
    WASHINGTON (AP) -- Cuts to the nation's food stamp program enacted this year are only affecting four states, far from the sweeping overhaul that Republicans had pushed, an Associated Press review has found....

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