After 219 years as the citadel of American capitalism, the New York Stock Exchange was near an agreement to be acquired by Deutsche Börse in a deal that would create the world's largest financial exchange.
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Some of the nation's largest investment firms have been overcharged by banks for currency trades, bank insiders and others claim.
As Internet valuations climb and bankers circle Silicon Valley in an increasingly frothy tech market, many eyes are on one particularly desirable target: Twitter. Discussions with some potential suitors have produced an estimated valuation of $8 billion to $10 billion.
The fanny pack is making a comeback—although don't even think about using those words around one of the designers hawking them during New York's fashion week. After all, these "belt bags" or "hands-free bags" can cost upwards of $4,000.
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Bernanke sought to reassure wary Republicans that the Fed won't allow inflation to take root, though he gave no indication that he is ready to reverse the central bank's easy-money policies.
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Some of the nation's largest investment firms have been overcharged by banks for currency trades, bank insiders and others claim.
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The Dow industrials staged a late-day rally, gaining 6.74 points, or 0.1%, to close at 12239.89, a 30-month high.
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The lofty valuation put on Twitter by some potential suitors points to the increasing froth in the tech sector.
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Egypt's opposition movement extended its protests. Demonstrators blocked the street outside parliament and called on labor unions to join them ahead of a mass protest planned for Friday. The regime reiterated that Mubarak won't step down. Human-rights groups said the army's takeover of policing duties hasn't stopped alleged abuses.
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Israel's defense minister voiced apprehension about the unrest in Egypt at a White House meeting.
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House Republicans proposed deep spending cuts, including to the EPA and high-speed rail, but some in the GOP said they didn't go far enough.
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Three car bombs in the northern Iraqi city of Kirkuk killed seven and added to tensions in the Kurdish region.
Prenatal surgery for spina bifida, one of the most common disabling birth defects, had significantly more benefit than surgery conducted after birth, and allowed some children to walk who otherwise likely couldn't, according to a major study.
As record numbers of high-school students are taking and passing Advanced Placement exams, a rising percentage are scoring at the lowest level possible.
When Barack Obama's budget arrives on Monday, look for responses to two issues: The budget is on an unsustainable course, and the economy isn't growing fast enough to bring down unemployment and raise incomes.
House Republicans took aim at White House spending priorities Wednesday, proposing a $1.5 billion reduction in the EPA's 2011 budget and other cuts.
The proliferation of radicalized followers of al Qaeda within the U.S. has put the nation at a heightened risk of terrorist attacks, though on a smaller scale than the Sept. 11, 2001, strikes.
The Fed chief told the House budget panel the prospect of high unemployment and low inflation continued to justify the central bank's controversial purchases of government bonds.
Doctors hope that new research recommending less invasive surgery for a certain type of breast cancer could also help them reduce the growing number of women opting for mastectomies.
Today's U.S. Watch
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Democratic Sen. Jim Webb of Virginia said Wednesday he wouldn't seek re-election next year, another setback for his party's efforts to retain control of the Senate in 2012.
Rep. Gabrielle Giffords, gravely injured after being shot in the head last month, has begun to speak and recently asked for toast with her meal, her office said.
Luis Lopez's case reflects the federal government's complex—and seemingly inconsistent—relationship with illegal immigrants in the armed forces.
The New York Stock Exchange's decline as a symbol of American financial clout was punctuated by Wednesday's announcement that parent company NYSE Euronext is nearing agreement to be bought by Deutsche Börse of Germany.
A combination of Deutsche Börse and NYSE Euronext to create the world's largest securities exchange promises to attract intense scrutiny from politicians and regulators on both sides of the Atlantic.
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German Bundesbank President Axel Weber is no longer seeking the presidency of the European Central Bank, euro-zone officials said, throwing the race for Europe's top monetary position into disarray.
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Taiwan arrested a military general on suspicion of spying for China in the most high-profile cross-Strait espionage case in decades.
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Bundesbank chief Axel Weber's apparent decision to withdraw from the running for the European Central Bank's top post has thrown the race for one of Europe's most important institutions—once thought to be almost certainly his—wide open again, putting Bank of Italy Gov. Mario Draghi in the spotlight.
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A local council's effort to evict a mosque from an abandoned industrial site in east London demonstrates Britain's shifting appetite for multiculturalism, which U.K. Prime Minister David Cameron has proclaimed "dead."
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Thailand's prime minister plans to call national elections by the middle of this year, even as a border conflict with Cambodia threatens to complicate his party's bid to remain in power.
The emotional meeting of a man and a boy believed to be his missing son has drawn fresh attention to China's child abductions and to new efforts to use the Internet to find lost children.
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Brazil announced plans to cut 50 billion reais, or about $30 billion, from 2011 spending, an admission by the month-old government of President Dilma Rousseff that years of rising government outlays have helped inflame a worrisome rise in inflation.
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Italian prosecutors requested that Italian Prime Minister Silvio Berlusconi stand trial on charges of patronizing an underage prostitute and abusing his powers in an attempt to cover up the relationship.
Demonstrators demanding the resignation of Egyptian President Hosni Mubarak took over new ground, expanding their protests to the parliament building a few blocks from their encampment at Tahrir Square.
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The Egyptian military's takeover of many policing duties from the notorious internal security forces hasn't stopped a series of abuses, including allegations of torture, beatings, arbitrary arrests and disappearances.
Israelis are preparing for a more adversarial regime in Egypt, one they expect could lead their country to expand its army, fortify the two countries' desert frontier and possibly re-invade the Palestinian-ruled Gaza Strip.
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Jordan's influential Islamist party said it is prepared to wait up to a year for the government to craft a new election law, in a sign that King Abdullah II has bought himself time to introduce political reforms.
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An effortless study in Gallic cool, Vincent Cassel has played characters both rakish and romantic, elegant leads mixed with a healthy share of the magnetically perverse. The leading man of modern French cinema is now poised for international success with this season's "Black Swan"... In the December issue of WSJ.