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Fed sticks with monetary policy as is
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WASHINGTON, Jan. 26 (UPI) -- The U.S. Federal Reserve said Wednesday it would stay the course on its interest rate policy and its program to purchase government securities.

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U.S. home sales rose in December
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WASHINGTON, Jan. 26 (UPI) -- Sales of new single-family homes rose for the second consecutive month in December, the U.S. Commerce Department said Wednesday.

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20 dead in Colombia mine explosion
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CUCUTA, Colombia, Jan. 26 (UPI) -- An explosion at a coal mine in northern Colombia Wednesday left at least 20 miners dead, the mine's manager said.

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Some bankers argue against more rules
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DAVOS, Switzerland, Jan. 26 (UPI) -- British and U.S. bankers, who requested anonymity at a conference in Switzerland Wednesday, said new banking regulations are counter-productive or unneeded.

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Biden visits advanced battery manufacturer
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GREENFIELD, Ind., Jan. 26 (UPI) -- Plans are in the works to put 1 million advanced-technology vehicles on U.S. highways in five years, Vice President Joe Biden said Wednesday.

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Man gets five years for fake death scam
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PENSACOLA, Fla., Jan. 26 (UPI) -- A Florida restaurant owner is getting five years in prison for fabricating his own death with his wife's help.

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Missouri dog welfare law under fire
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JEFFERSON CITY, Mo., Jan. 26 (UPI) -- Missouri legislators are moving to block a voter-approved crackdown on so-called puppy-mill dog-breeding.

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Retail sales tip lower in week
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WASHINGTON, Jan. 26 (UPI) -- Cold weather and road-blocking snowstorms slowed traffic at U.S. retail stores in the week ending Jan. 22, a trade group in Washington said.

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EU questions Hungary's media laws
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BUDAPEST, Hungary, Jan. 26 (UPI) -- The European Union commissioner handling media issues said he has "serious doubts" about Hungary's new media law, saying Budapest has two weeks to explain.

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Report: Outdated baby formula sold
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OTTAWA, Jan. 26 (UPI) -- Toys 'R' Us has sold baby formula that has passed its sell-by date at several Canadian outlets, the Canadian Broadcasting Corp. reported.

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Photo of Ga. governor as Nazi riles some
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ATLANTA, Jan. 26 (UPI) -- El Nuevo Georgia, a Spanish-language newspaper, has drawn some heat for an altered photo of Gov. Nathan Deal sporting a Nazi uniform and Hitler mustache.

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Obama calls for clean-energy investments
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WASHINGTON, Jan. 25 (UPI) -- To compete now and in the future, America must invest in biomedical research, information technology and clean-energy technology, President Obama said Tuesday.

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Private, public failures blamed for crisis
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WASHINGTON, Jan. 25 (UPI) -- A U.S. commission has concluded failures by private industry and "public stewards" were the main causes of the 2008 financial crisis, The New York Times says.

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Gold prices slide Tuesday
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NEW YORK, Jan. 25 (UPI) -- Gold prices dropped modestly Monday, as the dollar index was flat, falling 0.14 percent.

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Grain futures drop Tuesday, except wheat
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CHICAGO, Jan. 25 (UPI) -- Wheat futures held steady on the Chicago Board of Trade Tuesday, but corn, oats and soybeans lost ground despite the dollar index dropping 0.14 percent.

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