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US Fed officials pledge low rates

Federal Reserve officials again reiterated their commitment to low interest rates for "an extended period" on Thursday, given the fragile nature of the economic recovery, and suggested a reduction in the size of the central bank's balance…

Gold prices fall

Gold slipped on Thursday after rising to its highest in nearly three months the previous day as a strong dollar ignited selling in the physical sector, while platinum group metals struggled to hold gains after a rally. Volume was light,…

Asian stocks fall after strong gains

Asian stocks fell on Thursday after racking up strong gains in recent weeks, while the euro slipped further as Greece's borrowing costs reached a new high. Tokyo's Nikkei index .N225 slipped 0.8 percent to 11,204 points as a stronger yen…

Two US airlines to merge

United Airlines and US Airways  are in merger talks that, if successful, would create the nation’s second-biggest airline. It is the third time in a decade that they have tried to make a deal. The negotiations represent the latest efforts…