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The world's second-largest food and beverage company says it will reduce the saturated fat, sodium, and sugar in its products to make them more nutritious.
Barack Obama has convinced Democrats in the US Congress to pass his historic health care reform bill, handing the president a victory that will give nearly every American the right to health coverage and could define his time in office.
United States Labour Department reported that the consumer price index was flat in February, though prices were 2.1% higher than a year ago. Core inflation - which strips away food and energy costs - saw a 0.1% rise.
The United States Federal Reserve left its key interest rate near 0% once again Tuesday and said rates should stay this low for the foreseeable future. In its release the Federal Open Market Committee, FOMC, policymakers repeated their prediction that economic conditions are likely to result in exceptionally low levels of the federal funds rate for an extended period.
Former bosses at Lehman Brothers have been accused of using an accounting gimmick to hide billions in losses which helped bring about its collapse. The technique, called Repo 105, was used to temporarily remove 50 billion US dollars of assets from the US investment bank's balance sheet in 2008, according to a one-year investigation.
The United States should not make a political issue out of the Yuan, a Chinese central banker said as the long running friction between the world’s two leading economies approaches a critical deadline.
The US government recorded a budget deficit of 221 billion US dollars in February - the largest monthly deficit in its history. The total deficit since the beginning of the fiscal year in October now stands at 651.6 billon according to US Treasury figures.
Visiting US Commerce Secretary Gary Locke said Tuesday that Washington was seeking talks with Brazil before it imposes retaliatory trade tariffs for US cotton subsidies the WTO ruled as discriminatory.
United States advertisers are spending more this year on digital media than on print according to the latest study by Outsell. Long predicted, the Madison Avenue milestone has finally arrived thanks to a 9.6% boom in digital advertising in 2010.
Brazil announced Monday it would levy a total of 591 million US dollars in retaliatory tariffs on US goods under a ruling against US cotton subsidies granted by a World Trade Organization last year. However Brazil also sent a conciliatory message.