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Fed may raise interest rate by next spring

The U.S. Federal Reserve will probably end its massive bond-buying program this fall, and could start raising interest rates around six months later, Fed Chair Janet Yellen said on Wednesday, in a comment which sent stocks and bonds tumbling.

U.S. banks' relief to borrowers exceed terms of 2012 deal

Top U.S. banks including Bank of America Corp and Citigroup provided more than the $19 billion in help to struggling borrowers they were required to offer under a landmark 2012 deal with the U.S. government, a watchdog said on Tuesday.

Harsh winter and rising prices may hurt U.S. home sales in spring

Emily Hanson would like to buy a house, but she worries that she and her husband may have to move across the country to achieve their goal.