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Federal Reserve Chair Janet Yellen arrives for a Board of Governors meeting at the Federal Reserve in Washington, Wednesday, Sept. 3, 2014. The meeting is to discuss a final rulemaking to implement a quantitative liquidity requirement in the United States as well as a proposed rule on margin requirements for non-cleared swaps of prudentially regulated swap entities. (AP Photo/Susan Walsh)

Fed cuts back bond-buying again as economy strengthens

- The Washington Times

The Federal Reserve moved another step toward more normal policies on interest rates Wednesday, noting a gradual improvement in the outlook for the economy and cutting back again on its bond-buying program to stimulate the economy.

Mitchell Rodgers loads packages into his delivery truck at the FedEx Express station in Nashville, Tenn., in this July 9, 2014, file photo. FedEx Corp., on Wednesday, Sept. 17, 2014, reported profit of $606 million in its fiscal first quarter. (AP Photo/Mark Humphrey)

FedEx to add 50,000 seasonal jobs

- Associated Press

Growth in online shopping is boosting profit at FedEx, and the company plans to hire more than 50,000 extra workers to handle what is shaping up as another record year for holiday-season package deliveries.

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Vice President Joe Biden walks with Sister Simone Campbell, right, before the kickoff of the Nuns on the Bus tour, Wednesday, Sept. 17, 2014, at the Statehouse in Des Moines, Iowa. (AP Photo/Charlie Neibergall)

In Iowa, Biden preaches populist theme on taxes

- Associated Press

Vice President Joe Biden accused Republicans of breaking faith with the middle class while he preached a populist theme Wednesday in Iowa, an important early-voting state in the presidential nominating calendar.

Heineman: Trade centers in China, Japan worthwhile

Associated Press

Gov. Dave Heineman says state-sponsored trade centers in China and Japan have proven their worth to Nebraska and ought to be continued to help local businesses expand into Asian markets.

Nurses, doctors and other health care workers rally outside the offices of the Greater New York Hospital Association in New York, Wednesday, Sept. 17, 2014.  The demonstrators are backing a bill in the state legislature that would set minimum staffing levels for hospital nurses. The hospital association does not support the legislation.  (AP Photo/Seth Wenig)

New York nurses press for higher staffing levels

- Associated Press

About 700 nurses and supporters rallied Wednesday outside the offices of the Greater New York Hospital Association to press for higher staffing levels at hospitals.

Malloy rebuffs Foley's criticism of UConn report

- Associated Press

Gov. Dannel P. Malloy called Republican opponent Tom Foley "a cheap-shot specialist" on Wednesday over what he called misguided criticism of a new report that highlights UConn's economic impact on the state.

Firefighters hose down a hot spot in the rubble of home Tuesday, Sept. 16, 2014, that was destroyed by a wildfire in Weed, Calif. In just a few hours Monday, wind-driven flames destroyed or damaged roughly 100 homes. (AP Photo/Rich Pedroncelli)

Crews battle California fire's explosive growth

- Associated Press

Just days after a wildfire tore through a small Northern California town and destroyed scores of homes, crews on Wednesday battled another fast-moving blaze in the region that was also threatening residences.

In an undated photo provided by Mercy for Animals, worker whips a cow with a chain at a southern New Mexico dairy in this still frame made from video recorded secretly. The New Mexico Livestock Board has launched an investigation into the dairy after an activist working with the animal welfare group recorded secret video showing workers whipping cows with chains and wire cables, kicking and punching the animals, and shocking them with electric prods. (AP Photo/Mercy for Animals)

Group levels abuse allegations against NM dairy

- Associated Press

The New Mexico Livestock Board has launched an investigation into a southern New Mexico dairy after an activist working with an animal welfare group recorded secret video showing workers whipping cows with chains and wire cables, kicking and punching the animals, and shocking them with electric prods.

FILE - In this Jan. 14, 2014 file photo, Ty Warner, the billionaire who created Beanie Babies, arrives at federal court where he was sentenced to community service but no prison time for hiding at least $25 million from U.S. tax authorities in Swiss bank accounts. On Wednesday, Sept. 17, 2014, a three-judge appellate panel at the U.S. 7th Circuit Court of Appeals in Chicago is scheduled to hear arguments from prosecutors who say Warner's punishment was way too lenient and from defense attorneys who say it was just right. (AP Photo/Andrew A. Nelles, File)

Beanie Babies creator's sentence debated in court

- Associated Press

Federal prosecutors seeking to put the billionaire creator of Beanie Babies in prison for hiding millions in Swiss bank accounts told appellate court judges Wednesday that the toymaker's sentence of probation threatens to erode the judicial system's ability to deter other tax evaders.

GOP's Baker unveils economic development plan

- Associated Press

Republican candidate for governor Charlie Baker unveiled an economic development plan Wednesday that he said will create jobs, strengthen local communities and build better schools.

News briefs from around Kentucky at 1:58 a.m. EDT

Associated Press

President Barack Obama is playing a starring role in Kentucky's fierce Senate race, with new ads putting him at the center of the contest for Republican Mitch McConnell's seat despite Democrat Alison Lundergan Grimes' explicit effort to distance herself from the unpopular president.

Jaeger gets more funding for measure review

- Associated Press

A state commission on Wednesday approved Secretary of State Al Jaeger's emergency funding request to help his agency cover overtime, temporary help and other costs associated with a spate of measures on the Nov. 4 ballot.

FILE - This Dec. 20, 2013, file photo shows shoppers passing through the Sweet Auburn Curb Market in Atlanta. Cuts to the nation's food stamp program enacted earlier this year are only affecting four states, far from the sweeping reform that Republicans had pushed, according to an Associated Press review. As a result, it's unclear if the law will realize the estimated $8.6 billion in savings over 10 years that the GOP had touted.  (AP Photo/David Goldman, File)

Only 4 states will see cuts to food stamps

- Associated Press

Cuts to the nation's food stamp program enacted this year are only affecting four states, far from the sweeping overhaul that Republicans had pushed, an Associated Press review has found.

FILE - This file artist's rendering released March 27, 2013 by Wynn Resorts shows a proposed resort casino on the banks of the Mystic River in Everett, Mass. The Massachusetts Gaming Commission voted 3-to-1 Tuesday, Sept. 16, 2014, to award the license to the Las Vegas casino giant complex on land at the site of a former chemical plant. The decision came after Wynn conceded to a number of significant requests the commission made, including proposing alternative designs for its 27-story glass hotel tower.(AP Photo/Wynn Resorts, File)

Wynn, state regulators sign Boston casino license

- Associated Press

Wynn Resorts and Massachusetts gambling regulators on Wednesday finalized a license for a proposed $1.6 billion resort casino across from Boston, but the casino company says it's not yet prepared to campaign against a looming threat: November's ballot question to repeal the state's casino law.

Assistant Inspector General for Healthcare Inspections John Daigh, Jr., from left, with; Department of Veterans Affairs Acting Inspector General Richard Griffin; Retired Medical Director Samuel Foote, of the Diamond Community-Based Outpatient Center, Phoenix VA Health Care System, Veterans Health Administration; and Medical Director Katherine Mitchell of the Iraq and Afghanistan Post-Deployment Center, Phoenix VA Health Care System, Veterans Health Administration, testifies during a House Committee on Veterans' Affairs hearing on "Scheduling Manipulation and Veteran Deaths in Phoenix: Examination of the OIG's Final Report" on Capitol Hill in Washington, Wednesday, Sept. 17, 2014.  (AP Photo/Manuel Balce Ceneta)

Ex-VA doctor: Phoenix report a 'whitewash'

- Associated Press

A doctor who first exposed serious problems at the troubled Phoenix Veterans Affairs hospital said Wednesday that a report on patient deaths there is a "whitewash" that minimizes life-threatening conduct by senior leaders at the hospital.