Fed aims for a 6.5% jobless rate

Six and a half percent unemployment in America would mean almost 2.1 million more people working than today. At the rate the country has been creating new jobs each month, it would take more than a year to find work for that many people.Keep 6.5 percent in mind this week when the Federal Reserve meets Tuesday and Wednesday to talk about its efforts to push interest rates...

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Appeals court again upholds power of Miami’s Civilian Investigative Panel

An appeals court has struck down a police officer’s challenge to the validity of Miami’s Civilian Investigative Panel — the second time the panel has withstood a legal challenge from police officers in the past five years. Police Lt. Freddy D’Agastino and the Fraternal Order of Police filed a lawsuit arguing that the civilian panel, which reviews citizen complaints against...

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BlackRock to buy $80 million Twitter stake: source

SAN FRANCISCO (Reuters) – BlackRock, the world’s largest asset management company, has taken an $ 80 million stake in Twitter Inc, a person with knowledge of the deal said Friday.The six-year old social media company will not raise new capital as part of the private deal that values the firm at more than $ 9 billion. BlackRock will buy shares directly from early Twitter employees seeking to liquidate...

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Matt Damon Takeover of Jimmy Kimmel Live Took Nine Years To Happen

Last night's epic takeover of Jimmy Kimmel Live! by jilted guest Matt Damon was so  chock-full of celebrity guests that it should come as no surprise the star-studded skit took nearly a decade to come to fruition.Fresh from receiving his star on the Hollywood Walk of Fame Friday morning, the host with the most gave ET's Brooke Anderson the inside scoop into Damon's invasion.Pics: 'Movie 43' and...

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Caught: Suspect who escaped during bathroom break nabbed in Bronx

They finally flushed out this fugitive!A murder suspect who escaped from a Brooklyn police precinct yesterday by asking a cop for a bathroom break was captured today by cops hiding out in a friend’s Bronx apartment, the NYPD said.Brandon Santana, 24, was apprehended at 3:15 p.m. at 3930 Third Avenue by NYPD officers and the Regional Fugitive Task Force,...

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Economist: Euro crisis could erupt again this year

DAVOS, Switzerland -- Is the euro crisis over? A leading U.S. economist says not by a long shot. Even as the head of the European Central Bank talked Friday of “positive contagion” in the markets and predicted an economic recovery for the recession-hit eurozone later this year, economist Barry Eichengreen warned that the debt crisis that has shaken Europe to its core could...

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Miami Dolphins assemble familiar faces for lobbying team, many with ties to Mayor Carlos Gimenez

The Miami Dolphins’ lobbying team looks like a reunion of Miami-Dade Mayor Carlos Gimenez’s campaign brain trust.To push for a $400-million stadium renovation funded in part with tax dollars, the Dolphins have enlisted three key figures from Gimenez’s recent election races: Marcelo Llorente, Brian Goldmeier and Jesse Manzano-Plaza. Llorente, who became a frequent presence...

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Beyond Google Fiber: Google looks to create its own experimental wireless network

Look out, wireless carriers: Google (GOOG) may have its eye on shaking up your business as well. The Wall Street Journal reports that Google “is trying to create an experimental wireless network covering its Mountain View, Calif., headquarters” that “could portend the creation of dense and superfast Google wireless networks in other locations that would allow people to connect to the Web using their...

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Next ET: Beyonce Flashback Friday

From talented toddler to Queen Bey, ET is looking back at Beyonce's rise to fame!Pics: Beyonce's Candid & Personal Photo Album Also on Friday, we preview the new reality show exposing the ugly side of Beverly Hills shrinks. Plus, our Rocsi Diaz looks back at the best red carpet looks of the week.Check your local listin...

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Bronx detectives snare 14 in gun sales investigation

These Bronx detectives don’t have supernatural powers — but two operations, including one called Ghostbusters, took down fourteen people in a gun sales investigation today, authorities said.Ringleader Reinaldo Romero, 27, who gave the operation its name because of his alias ‘Caspa,’ and other crooks affiliated with him allegedly sold 55 guns to undercovers—including...

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