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European Union

Fed holds rates steady as jobs slump, ‘Brexit’ looms

WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it foresees an exceedingly slow pace of interest rate hikes — and is in no hurry to resume them. In explaining its decision to keep interest rates unchanged, the Fed expressed concern about a recent slump in U.S. job growth and about

Barack Obama

Significant premium hikes expected under Obamacare

WASHINGTON (AP) — Expect insurers to seek significant premium increases under President Barack Obama's health care law, in a wave of state-level requests rippling across the country ahead of the political conventions this summer. Insurers say the law's coverage has been a financial drain for many of

money

Government says students can apply earlier for college aid

Written by Josh Lederman WASHINGTON (AP) — Aspiring college students will be able to apply for federal financial aid three months earlier than now and submit a previous year's tax return, changes aimed at helping more people pay for school, the White House said Sunday.