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By Ann Saphir ROCHESTER, Minnesota (Reuters) - The Federal Reserve should do more to boost both inflation and jobs, a top Fed official said on Tuesday, including possibly pushing its main interest rate even lower or cutting the rate it pays banks on excess reserves kept at the U.S. central bank. "The key is for us to be able to demonstrate in... Read more... Read more... Read more...
NEW YORK (AP) — With Jimmy Fallon doing so well as "Tonight" show host, NBC's boss expressed no fear Monday about who will replace David Letterman upon the late-night comic's planned retirement from CBS sometime next year.... Read more... Read more...
SAN FRANCISCO (AP) — Suspended state Sen. Leland Yee pleaded not guilty on Tuesday to bribery and gun charges two weeks after he was arrested as part of an FBI sting targeting political corruption and an alleged organized crime syndicate based in San Francisco's Chinatown.... Read more...