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FERGUSON, Mo. (AP) — The latest on efforts by Ferguson to reach a consent agreement with the U.S. Department of Justice to improve police and court practices in the St. Louis suburb (all times local):
Federal Reserve Chair Janet Yellen warned Wednesday that the US economy faced risks from tightening domestic financial conditions as well as global economic turmoil. Showing more pronounced concern over the economy than when she last spoke publicly, in December, Yellen's comments lessened the possibility of another interest rate increase in its next policy meeting in March. "Financial conditions in the United States have recently become less supportive of growth, with declines in broad measures of equity prices, higher borrowing rates for riskier borrowers, and a further appreciation of the dollar," she told the House Financial Services Committee.
SPRINGFIELD, Ill. (AP) — President Barack Obama came here nine years ago to declare it was "time to turn the page" on cynical, special- interest politics. He returned Wednesday lamenting that the story hasn't changed.