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Official figures show Britain's inflation rate fell to 3.6 percent in the year to January from 4.2 percent a month ago — but remains above the Bank of England's target.

Japan's prime minister, attempting to build support for painful fiscal reforms, said Saturday that the country should be alarmed by ratings cuts in Europe and must tackle its massive public debts to avoid becoming the next target.

A bill that establishes for DoJ to take down copyright-infringing sites; Makes unauthorized web streaming of copyrighted content a felony; and Gives DoJ power to commence a legal action against target sites, demand search engine social networking sites and domain name services block access to the site, and impose enalty up to 5 years in prison.

Read 'Rumor: Apple partnering with Target to open 25 mini-stores' on Digital Trends. Apple is rumored to be planning to latch on to Target by opening up 25...

McDonald's and Target drop egg producer after probe into conditions at farms.

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The discounter drummed up so much hype around its exclusive, limited-time line by upscale Italian designer Missoni that its website crashed and was down most of the day Sept.

Ben Bernanke has become a favorite target of criticism, but many of the missives about him are without substance.

Gainers

• United States Oil (NYSE: USO) up 1.24 percent to $34.25. Crude higher today despite data showing a surprise 4.23 million barrel rise in inventories, as retail earnings from giants Target (NYSE: TGT) and Staples (Nasdaq: SPLS), which both posted better-than-expected results.
  
  The numbers indicate U.S. consumers may be more comfortable making purchases, and stagnant economic growth in the U.S. may be on the sidelines, if at least temporarily.

U.S. stocks resumed their rally Wednesday after a series of earnings reports came in better than expected.

Target, Staples and Dell all reported earnings for last quarter that were above analysts' forecasts.