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Business News / Business

As Bernanke clarifies Fed's moves, markets stumble

WASHINGTON -- The Federal Reserve might begin tapering off its economic life support late this year and finish a controversial program of bond purchases by the middle of the next year, Chairman Ben Bernanke said Wednesday in remarks that triggered...

Sprint shares dip after Dish fails to make bid

Wall Street took a step back from Sprint Nextel Corp. on Wednesday after potential acquirer Dish Network Corp. backed off.

Sprint shares fell 4.4 percent, a drop of 32 cents, to $7, and one analyst downgraded the stock.

Dish failed to meet a ...