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Historic Win for U.S. Gymnast Douglas; U.K. Gets First Gold

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PBS News Hour

Fed Pledges Help But Waits to Act on Economic Vulnerability

Chairman Ben Bernanke pledged again that should the economy slow further, the Federal Reserve would act, but announced no immediate action. That news, as well as a trading glitch, brought down markets on Wednesday. Jeffrey Brown talks to The Wall Street Journal's Jon Hilsenrath about the motivation behind the Fed's announcement.
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