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1. Fed lifts rates, shifts language (Reuters)

Trader Jeff Liu trades in the Euro pit at the Chicago Mercantile Exchange in Chicago, Illinois December 13, 2005. (Stephen J. Carrera/Reuters)Reuters - The Federal Reserve on Tuesday lifted a key U.S. interest rate for a 13th straight time but signaled, as one economist put it, the "beginning of the end" of a 1-1/2 year credit-tightening campaign.




2. Stocks gain as Fed hints rates near peak (Reuters)
Reuters - U.S. stocks rose on Tuesday after the Federal Reserve boosted interest rates but hinted that its rate-raising campaign is nearing an end, lifting investor hopes about economic growth.

3. Investor plan aims to revive Wendy's (Reuters)

Billionaire investor Nelson Peltz told No. 3 hamburger chain Wendy's International that it should spin off all of its Tim Hortons coffee-shop chain and sell its ancillary brands, according to a regulatory filing on Tuesday. (Handout/Reuters)Reuters - Billionaire investor Nelson Peltz on Tuesday told No. 3 hamburger chain Wendy's International Inc. that it should spin off all of its Tim Hortons coffee-shop chain and sell its ancillary brands, sending the company's shares to a lifetime high.




4. Analysts question Conoco/Burlington timing, cost (Reuters)

The ConocoPhillips Britannia oil platform in the central North Sea is seen in an undated file photo. ConocoPhillips expects its deal to acquire Burlington Resources Inc. to cut earnings per share by about 2 percent in 2006 and 4 percent in 2007, Chief Executive Jim Mulva said on Tuesday. (Photo Courtesy ConocoPhillips/Reuters)Reuters - Analysts pressed ConocoPhillips on Tuesday on why it would spend more than $30 billion to acquire natural gas producer Burlington Resources Inc. at a time when gas prices are hitting record highs but are expected to fall.




5. November retail sales fall short (Reuters)

U.S. business inventories rose a smaller-than-expected 0.3 percent in October, remaining at historically lean levels, a Commerce Department report showed on Tuesday. (Handout/Reuters)Reuters - U.S. retail sales rose a smaller-than-expected 0.3 percent in November but fell when excluding a surge in auto purchases, setting the stage for what could be a disappointing holiday shopping season, government data showed on Tuesday.




6. Fed lifts rates, shifts language (Reuters)

Trader Jeff Liu trades in the Euro pit at the Chicago Mercantile Exchange in Chicago, Illinois December 13, 2005. (Stephen J. Carrera/Reuters)Reuters - The Federal Reserve on Tuesday lifted a key U.S. interest rate for a 13th straight time but signaled, as one economist put it, the "beginning of the end" of a 1-1/2 year credit-tightening campaign.




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