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By Alister Bull and Pedro da Costa WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy is expanding strongly enough for the central bank to begin slowing the pace of its bond-buying stimulus later this year. Bernanke's confirmation that the Fed is getting closer to pulling back on its $85 billion in monthly asset purchases confirmed investor fears, sending stocks and bonds sharply lower, and pushing benchmark Treasury yields to a 15-month high. ...
OAKLAND TOWNSHIP, Mich. (AP) — Beneath a swimming pool, under a horse farm and now a weed-grown field north of Detroit: For at least the third time in a decade, FBI agents grabbed shovels and combed through dirt and mud in the search for Jimmy Hoffa's remains or clues to the disappearance of the former Teamsters boss.