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WASHINGTON (AP) — Nearly 1,600 IRS workers were found to have willfully evaded taxes over a 10-year period, including some who were responsible for enforcing the nation's tax laws, a government watchdog said Wednesday.
By Richard Valdmanis BOSTON (Reuters) - Lawyers seeking to spare convicted Boston bomber Dzhokhar Tsarnaev from the death penalty called witnesses on Wednesday who described his volunteer work with disabled children, his respect for his older brother, and his father's mental illness in the years before the attack. The brother, 26-year-old boxer Tamerlan Tsarnaev, was killed after a gunfight with police days after the bombing.
By Richard Leong and Jamie McGeever NEW YORK (Reuters) - Stocks on major world markets fell on Wednesday, as European borrowing costs reached their highest level this year, while the U.S. dollar slumped against major currencies after weak American economic data. Improving European economic data is easing the fear of deflation, pushing up bond yields in the euro zone, while persistently weak U.S. economic data in the first four months of the year, along with poor corporate earnings, is calling the valuation of equities into question. "Markets can handle slowly, gradually-rising interest rates as an economy continues to improve. The uncertainty is that these are pretty significant moves,” said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.