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Reuters: Business News
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Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
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GDP seen slowing, tying Fed hands on rates
NEW YORK (Reuters) - After a growth spurt at the end of 2009, the U.S. economy will slow in the months ahead, keeping the Federal Reserve from raising borrowing costs until the final three months of the year, a Reuters poll showed.


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Markets edge higher after M&A activity
NEW YORK (Reuters) - U.S. stocks drifted higher on Wednesday following several merger and acquisition deals, overshadowing an unexpected drop in January wholesale inventories.


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Wholesale inventories fall, sales surge
WASHINGTON (Reuters) - U.S. wholesale inventories fell modestly in January, while sales rose to their highest level since October 2008, suggesting that inventories would continue to support economic growth in the first quarter.


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BA, American, Iberia offer EU antitrust concessions
BRUSSELS (Reuters) - British Airways, American Airlines and Spain's Iberia have offered to cede a number of lucrative transatlantic slots in a bid to gain EU antitrust immunity for their alliance.


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Home loan demand nudges higher in latest week
NEW YORK (Reuters) - U.S. mortgage applications nudged higher last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday.


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