Fed officials want more progress before bond tapering: minutes

A view shows the Federal Reserve building in WashingtonWASHINGTON (Reuters) – Many Federal Reserve officials earlier this month wanted to see more evidence that the economy was recovering before shifting toward a tapering of their bond purchase program, the Fed said on Wednesday. “Most observed that the outlook for the labor market had shown progress since the program was started in September,” according to minutes of the Fed's April 30-May 1 meeting. …

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Don't Call It a Campaign Book, but Paul Ryan Has a 2012 Book for 2016

Don't Call It a Campaign Book, but Paul Ryan Has a 2012 Book for 2016Paul Ryan is writing a campaign book, and though it's not officially a campaign book, it seems to be exactly the kind of campaign book that exists merely to preview a presidential candidacy. The book will be published next year, and “it'll feature a mix of autobiography, political analysis, and policy prescriptions,” The National Review's Robert Costa reports. One way you can tell it's a campaign book is that the autobiography part won't include the things that people actually want to read — the juicy stuff from Mitt Romney's 2012 campaign. …

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Garcia sorry after 'stupid' Woods fried chicken jibe

Garcia of Spain reacts as he watches his putt on the seventh green during the final round of The Players Championship in Ponte Vedra BeachBy Tony Jimenez VIRGINIA WATER, England (Reuters) – Sergio Garcia said “sorry” 11 times and used the word “apology” on five occasions as he spoke of his regret at causing a furor by making a “fried chicken” jibe at world number one Tiger Woods. Spaniard Garcia told reporters on Wednesday that his comment, made at the European Tour Player of the Year awards the night before, was “stupid and out of place” and said he regretted it the moment he made it. Fourteen-times major winner Woods, whose relationship with the Spaniard is frosty at best, was in unforgiving mood earlier in the day. …

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Indications suggest London killing was terror-related: UK PM Cameron

PARIS (Reuters) – British Prime Minister David Cameron said on Wednesday that there were “strong indications” that a killing in London was terror-related. “It is the most appalling crime,” Cameron said, before cutting short a visit to Paris. “The police are urgently seeking the full facts about this case but there are strong indications that it is a terrorist incident.” (Writing by Kate Holton; Editing by Guy Faulconbridge and Andrew Osborn)

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