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Student lender SLM Corp , known as Sallie Mae, on Wednesday launched a $1.5 billion debt sale, testing demand in the unsecured bond market as appetite for risk grows.
U.S. stocks climbed on Wednesday, pushing the Dow to a recovery high, after a benign February inflation reading buttressed the Fed's renewed vow of low interest rates.
U.S. Federal Reserve Chairman Ben Bernanke on Wednesday fought back against a plan to strip the Fed of its oversight of smaller banks, saying the knowledge it gains from that role is vital to monetary policy.
The eastern Chinese province of Zhejiang said it had seized imported top-end clothing carrying the labels of top fashion houses including Versace and Hugo Boss after tests showed some were poor quality and others potentially dangerous.
Latvia's government faced a crisis on Wednesday when the largest coalition party quit, the second Baltic government in two days to suffer from internationally mandated austerity.
The New Jersey Casino Control Commission approved MGM Mirage's plan to sell its 50 percent stake in the Borgata Hotel Casino & Spa in Atlantic City, the casino operator said on Wednesday.