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A new report shows the cost of living in August was up 3.4% from a year ago. Investors think stubborn inflation makes it more likely that the Federal Reserve will raise interest rates next week.

The Federal Reserve raised its benchmark interest rate Wednesday to combat stubborn inflation. That will make it more expensive to borrow money to buy a car or carry a balance on a credit card.

A Saudi royal court says the Saudi Binladin Group, which has operated in the kingdom since the 1930s, can't pursue new projects until an inquiry is closed.

President Obama's nominee cleared a major hurdle to succeed Eric Holder. The Senate Judiciary Committee voted 12-8 to send the nomination to the full chamber, where it is expected to pass.

Acting Assistant Attorney General Mary McCord told staff this week she is leaving to pursue other opportunities. McCord has led the probe into Russian election meddling.

George Orwell's warning against regimes that create their own realities, published in 1948, is enjoying resurgent interest, hitting number one on the Amazon bestseller list.

For the first time on record, bicycles outsold cars in Spain. More bikes than cars were sold in Italy for the first time since World War II. Indeed, bicycle sales have outpaced new-car sales across the Continent. Is it a long-term trend or just a reflection of the recession in much of Europe?

Which countries has President Obama visited the most during his presidency? France and Mexico. His current visit to France is his fifth as president.

The Tomatina Festival, the famous free-for-all in which partiers pelt one another with ripe tomatoes, was held in Bunol, Spain, Wednesday. The big party was a bit smaller this year — for the first time, the town sold tickets for 10 euros (about $13.25) to be part of the huge food fight.