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Argentines shrug off risk of default 07/31/2014 12:40am • ALMUDENA CALATRAVA Associated Press BUENOS AIRES, Argentina (AP) -- In 2001, it was ground zero for Argentina's financial earthquake. A neo-colonial architectural gem built long ago by the Bank of Boston, it became the focal point for angry mobs of protesters who stared down riot police to demand th A look at the EU's new sanctions against Russia 07/31/2014 12:14am • JUERGEN BAETZ Associated Press BRUSSELS (AP) -- The European Union's sanctions against Russia are bound to inflict pain on the country's ailing economy. While still narrowly targeted, they come as a warning shot to convince Moscow to change its Ukraine policies or face even tougher penalties.Here's Argentina heads into default as debt talks fail 07/30/2014 11:42pm • CLAUDIA TORRENS Associated Press NEW YORK (AP) -- Talks aimed at averting Argentina's second default in 13 years ended with bitter recriminations Wednesday as the South American country said it could not accept a deal with U.S. hedge fund creditors it dismisses as "vultures."Court-appointed mediator Argentina officials stage 11th-hour talks in NYC 07/30/2014 06:48pm • CLAUDIA TORRENS Associated Press NEW YORK (AP) -- Argentina's economy minister led a last-gasp effort Wednesday to strike a deal with U.S. creditors that would prevent the South American country from slipping into default.With a midnight deadline looming, Minister Axel Kicillof arrived at the New Yo Text of the Federal Reserve's statement Wednesday 07/30/2014 03:20pm • WASHINGTON (AP) -- Below is the statement the Fed released Wednesday after its policy meeting:Information received since the Federal Open Market Committee met in June indicates that growth in economic activity rebounded in the second quarter. Labor market conditions improved, with the unemployment r IMF says Cyprus will need more spending cuts 07/30/2014 03:08pm • MENELAOS HADJICOSTIS Associated Press NICOSIA, Cyprus (AP) -- Cyprus' president on Wednesday rebuffed an International Monetary Fund assessment that Cyprus will need to make additional spending cuts to meet a key target of its financial rescue program.IMF official Delia Velculescu said that more per Editorial Roundup: Excerpts from recent editorials 07/30/2014 03:00pm • The Associated Press Excerpts from recent editorials in newspapers in the United States and abroad:___July 28News and Observer, Raleigh, North Carolina, on Ebola:To be a missionary or a health care worker who tends to the poor has always required an admirable level of compassion, but now in West Af Correction: Debt Study story 07/30/2014 02:50pm • WASHINGTON (AP) -- In a story July 29 about consumer debt reported to collection agencies, The Associated Press erroneously indicated that 80 percent of Americans have no debt on file. The study released Tuesday by the Urban Institute found that 20 percent of Americans with credit records have no de Billions of GI Bill funds go to for-profit schools 07/30/2014 10:29am • KIMBERLY HEFLING AP Education Writer WASHINGTON (AP) -- Iraq and Afghanistan veterans have flocked to for-profit colleges, including a troubled chain that is closing or selling its campuses amid a series of federal and state investigations.A report to be released Wednesday from the office of Sen. To West seeks to inflict more economic pain on Russia 07/30/2014 03:54am • JULIE PACE Associated Press WASHINGTON (AP) -- Citing Russia's stalled growth rate and a flow of foreign capital out of Moscow, U.S. and European officials hope a new round of sanctions targeting energy and defense entities, as well as major banks, will deepen Russia's economic pain even further and Argentina, US bondholders meet as deadline looms 07/30/2014 02:20am • CLAUDIA TORRENS Associated Press NEW YORK (AP) -- Argentina's economy minister emerged from daylong negotiations aimed at preventing a default Tuesday to say both sides had finally spoken for the first time, a development that raised hopes that a deal might be reached to avert a financial crisis.Min US, Europe impose tough new sanctions on Russia 07/30/2014 01:38am • JOHN-THOR DAHLBURG Associated Press WASHINGTON (AP) -- Spurred to action by the downing of the Malaysian airliner, the European Union approved dramatically tougher economic sanctions Tuesday against Russia, including an arms embargo and restrictions on state-owned banks. President Barack Obama swift Argentina fights with debt holdouts; default nears 07/30/2014 12:40am • ALMUDENA CALATRAVA Associated Press BUENOS AIRES, Argentina (AP) -- Argentina risks financial default unless it reaches an agreement with a group of holdout bondholders by Wednesday. Here are the issues at stake:HOW DID ARGENTINA GET HERE?In 1998, Argentina fell into recession and faced crushing pay American Express 2Q profit rises 9 percent 07/29/2014 09:12pm • ALEX VEIGA AP Business Writer American Express Co.'s net income grew 9 percent in the second quarter, as spending by cardholders increased and the credit card issuer set aside less money to cover potential credit losses. A one-time gain related to the company's business travel division also helped b Argentina talks go long as debt deadline looms 07/29/2014 08:00pm • CLAUDIA TORRENS Associated Press NEW YORK (AP) -- Argentina's economy minister has joined negotiators who are in New York trying to prevent the South American nation's second default in 13 years.Minister Axel Kicillof arrived Tuesday evening at the Manhattan offices of a mediator appointed to try to