U.S. News
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Federal Reserve policy makers are developing options for further monetary easing even as better- than-forecast economic reports have allayed concerns that the U.S. is on the verge of a renewed recession.
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Google Inc. is considering providing financing for an acquisition of Yahoo! Inc. by another company or a group of bidders, according to a person who has been briefed on the matter.
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U.S. stocks rose this week, driving the Standard & Poor’s 500 Index to its longest winning streak since February, amid optimism Europe’s leaders will announce a plan to contain the debt crisis and after McDonald’s Corp. joined companies beating profit estimates.
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General Electric Co.’s lending arm agreed to provide about $800 million to help finance Blackstone Group LP’s $1.08 billion purchase of U.S. suburban office buildings, said two people briefed on the transaction.