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Fed leaves key rate unchanged but hints at upcoming hike

The Federal Reserve is leaving interest rates unchanged just days before Americans choose a new president, but hints again that it will likely raise rates at an upcoming meeting.

 

Cosby team asks judge to toss damaging testimony from trial

Bill Cosby returned to court Wednesday for a hearing to decide whether a judge will allow damaging decade-old testimony from an accuser's lawsuit to be used at his June sexual assault trial.

 

Orbcomm shares fall after Rochelle Park company swings to loss in quarter

Shares of Orbcomm Inc. plunged Wednesday after the Rochelle Park-based the satellite communications company reported a loss in the third quarter, most of which the company attributed to a mishap in the launch of a satellite during the period.

 

US average fuel economy at record high of 24.8 mpg

Fuel economy is at a record high as new technology helps vehicles lose weight and drive more efficiently.

 

Obama says Army Corps examining Dakota oil pipeline route

President Barack Obama says the U.S. Army Corps of Engineers is examining whether the four-state Dakota Access oil pipeline can be rerouted in southern North Dakota to alleviate the concerns of American Indians.

 

Officials: $722K in federal funds earmarked for Paterson sports center in jeopardy

The city is in danger of losing more than $700,000 in federal funds that the mayor wants to use to buy a pre-fabricated community center for Buckley Park, according to Paterson officials.

 

Police: Man robbed at gunpoint in Ramsey

A man was assaulted and robbed at gunpoint Tuesday night by an unknown assailant whose description matches that of a suspect in previous robberies, Chief Bryan Gurney reported.

 

Englewood pair charged in Teaneck car burglaries

Township police arrested two Englewood residents who allegedly participated in a string of car burglaries in October, police said Wednesday.

 

Fed is widely expected to leave key interest rate unchanged

With voters set to choose a new president and Congress in six days, the Federal Reserve will likely keep a low profile when it ends a meeting Wednesday to try to ensure it doesn't become part of the debate at the close of a tumultuous political campaign.

 

Paterson crafts plan for civilian police board following shooting by city cop

Mayor Jose “Joey” Torres said last weekend’s shooting of a civilian by a Paterson police officer has prompted his administration to try to expedite the creation of a new community board to review the conduct of city law enforcement members.

 

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