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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.
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US current account deficit dips to $98.5 billion

Martin Crutsinger, Associated Press  |  posted 9 minutes ago
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.
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Trade, investment hopes as China's Xi visits India

R.k. Misra, Katy Daigle, Associated Press  |  posted Sep 17th - 5:30am
Chinese President Xi Jinping landed in the Indian prime minister's home state of Gujarat on Wednesday for a three-day visit expected to focus on India's need to improve worn out infrastructure and reduce its trade deficit.
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Doctors: Foul floodwaters sicken people in Kashmir

Aijaz Hussain, Associated Press  |  posted Sep 17th - 3:30am
Doctors in the flood-ravaged Himalayan region of Kashmir said Wednesday that they were seeing outbreaks of gastroenteritis among people crowded into shelters after their homes were inundated two weeks ago.
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US current account trade deficit narrows to $98.5 billion in second quarter, down 3.5 percent

The Associated Press  |  posted 9 minutes ago
US current account trade deficit narrows to $98.5 billion in second quarter, down 3.5 percent.
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Central Michigan to build biosciences facility

The Associated Press  |  posted 29 minutes ago
Central Michigan University is starting construction on a $95 million biosciences building.
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FedEx tops Street 1Q forecasts

The Associated Press  |  posted 59 minutes ago
FedEx Corp. (FDX) on Wednesday reported profit of $606 million in its fiscal first quarter.
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Sony forecasts $2B loss as smartphones lag

Elaine Kurtenbach, Associated Press  |  posted Sep 17th - 5:30am
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.
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Officials: Utah has an extra $112 million to spend

The Associated Press  |  posted Sep 17th - 4:20am
State officials say Utah finished the fiscal year with an extra $112 million to spend on one-time projects.
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Eurozone August inflation revised up to 0.4 pct

The Associated Press  |  posted Sep 17th - 3:40am
The inflation rate in August for the 18 countries using the euro has been revised up slightly.
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Chinese shoe manufacturer says CEO, cash vanished

The Associated Press  |  posted Sep 17th - 3:40am
A Chinese shoe manufacturer says two of its top executives have vanished, along with most of the company's cash.
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Nevada truck firm could pay $4.5M+ in Amtrak crash

Scott Sonner, Associated Press  |  posted Sep 17th - 3:10am
A Nevada trucking company could be forced to pay more than $5.5 million if a judge formalizes a jury verdict that found one of its drivers caused a 2011 crash with an Amtrak train that killed six people and injured dozens.
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Bank of England remains split on rates

The Associated Press  |  posted Sep 17th - 3:00am
Bank of England policymakers remain divided on whether to raise interest rates, voting 7-2 at their last meeting in favor of keeping the main rate at a record low 0.5 percent.
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A guide to Scotland as independence vote nears

Paul Kelbie, Associated Press  |  posted Sep 17th - 2:50am
The people of Scotland will decide on Thursday whether to end a partnership with the rest of the United Kingdom that has lasted more than 300 years. Here is a guide to Scotland as the historic vote nears.
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Strong euro dents 1st-half profits for Zara owner

The Associated Press  |  posted Sep 17th - 2:20am
Spanish fashion retailer Inditex, which owns Zara stores, says net profit fell by 2.4 percent in the first half of 2014 despite robust sales, mainly due to the impact of a strong euro.
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