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Madoff-related fraud to cost JPMorgan $2.5 billion

NEW YORK (AP) — For more than 15 years, there were signs something was amiss with what federal prosecutors in Manhattan call the "703 account" at JPMorgan Chase & Co.

Last Updated on Wednesday, 08 January 2014

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Showdown set on unemployment bill in Senate

WASHINGTON (AP) — The new year looks a lot like the old one in the Senate, with Democrats scratching for votes to pass an agenda they share with President Barack Obama, and Republicans decidedly unenthusiastic about supporting legislation without changes.

Last Updated on Tuesday, 07 January 2014

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South, East brace for polar temps, wind chills

INDIANAPOLIS (AP) — Frigid air that snapped decades-old records will make venturing outside dangerous for a second straight day Tuesday, this time spreading to southern and eastern parts of the U.S. and keeping many schools and businesses shuttered. Residents driven from their homes by power outages in the Midwest longed to return to their own beds.

Last Updated on Tuesday, 07 January 2014

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Yellen faces challenges as Fed trims bond buys

WASHINGTON (AP) — Janet Yellen will take the helm of a Federal Reserve facing a significantly different economic landscape from the one that dominated Ben Bernanke's tenure as chairman, confronting her with different decisions as well.

Last Updated on Tuesday, 07 January 2014

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Indian political brawling shows rape a voter issue

NEW DELHI (AP) — The 16-year-old reported that she had been gang raped, only to be raped again by the same men the next day and later threatened for going to the police in eastern India. By the time charges were filed more than two months later, she had been set on fire and died from her injuries.

Last Updated on Tuesday, 07 January 2014

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JPMorgan settles Madoff fraud claims for $1.7B

NEW YORK (AP) — JPMorgan Chase & Co., already beset by other costly legal woes, has agreed to pay $1.7 billion to settle criminal charges accusing the bank of ignoring obvious warning signs of Bernard Madoff's massive Ponzi scheme, federal authorities said Tuesday.

Last Updated on Tuesday, 07 January 2014

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Gay couples' rush to marry in Utah grinds to halt

SALT LAKE CITY (AP) — More than 1,000 gay and lesbian couples in Utah have exchanged wedding vows over the past two weeks in jubilant celebrations — but the rush on same-sex marriage licenses has come to an end.

Last Updated on Tuesday, 07 January 2014

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'Polar vortex' pushes subzero temps into Midwest

CHICAGO (AP) — A whirlpool of frigid, dense air known as a "polar vortex" descended Monday into much of the U.S., pummeling parts of the country with a dangerous cold that could break decades-old records with wind chill warnings stretching from Montana to Alabama.

Last Updated on Monday, 06 January 2014

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