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June 19, 2013

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  • Mueller urges caution on NSA program changes

    06/19/13 03:02 PM

    WASHINGTON (AP) — FBI Director Robert Mueller on Wednesday urged Congress to move carefully before making any changes that might restrict the National Security Agency programs for mass collection of people's phone records and information from the Internet. In an appearance before the Senate...

  • Fed says it will continue $85B in bond purchases

    06/19/13 03:02 PM

    WASHINGTON (AP) — The Federal Reserve says it will maintain the pace of its program to keep long-term interest rates at record lows, but offered a slightly more optimistic outlook for the U.S. economy and job market. The brighter outlook could be a hint that the Fed is moving closer to...

  • House panel starts rewrite of No Child Left Behind

    06/19/13 03:02 PM

    WASHINGTON (AP) — Members of the Republican-led House education panel are sending their rewrite of No Child Left Behind to the full House for a vote. The House Education and the Workforce Committee on Wednesday finished work on a rewrite of the sweeping education law. In the revised version,...

  • Fed sticks with bond purchases but offers slightly brighter outlook for the economy...

    06/19/13 03:02 PM

    WASHINGTON (AP) — Fed sticks with bond purchases but offers slightly brighter outlook for the economy...

  • Fed foresees lower US unemployment rate

    06/19/13 03:02 PM

    WASHINGTON (AP) — The Federal Reserve expects the U.S. unemployment rate to fall faster this year and next than it did in March. The Fed now predicts unemployment will fall to 7.2 percent or 7.3 percent at the end of 2013 from 7.6 percent now. It thinks the rate will be between 6.5 percent...

  • Text of the Federal Reserve's statement Wednesday

    06/19/13 03:02 PM

    WASHINGTON (AP) — Here is the statement the Federal Reserve released Wednesday after its two-day policy meeting: Information received since the Federal Open Market Committee met in May suggests that economic activity has been expanding at a moderate pace. Labor market conditions have shown...

  • GOP targets high-speed rail, transportation grants

    06/19/13 03:02 PM

    WASHINGTON (AP) — House Republicans are pushing to eliminate money for high-speed rail and a popular grant program for transportation projects. The belt-tightening comes as the GOP-led House works on $44 billion measure covering transportation and housing programs. The legislation reflects...

  • Comparing US Fed's views on economy, spending

    06/19/13 03:02 PM

    WASHINGTON (AP) — A comparison of the Federal Reserve's statements from its two-day meeting that ended Wednesday and its meeting on April 30-May 1: ECONOMY: May: The Fed "continues to see downside risks to the economic outlook." June: Now, Fed policymakers see "the downside risks to the...

  • Obama relying on untested oversight board on NSA

    06/19/13 03:01 PM

    WASHINGTON (AP) — The obscure Privacy and Civil Liberties Oversight Board that President Barack Obama said will meet with him to discuss the National Security Agency's secret surveillance program was itself meeting Wednesday behind closed doors. The public and media were not allowed to attend...

  • Gehry refines design for Eisenhower Memorial in DC

    06/19/13 02:48 PM

    WASHINGTON (AP) — Additional stone or bronze carvings depicting Dwight D. Eisenhower's accomplishments as Army general and president mark the latest creative changes architect Frank Gehry has made to his design for a planned memorial park honoring Ike near the National Mall. Gehry's design...


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