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Federal Reserve Chair Janet Yellen warned Wednesday that the US economy faced risks from tightening domestic financial conditions as well as global economic turmoil. Expressing more pronounced concerns than when she last spoke publicly in December, Yellen told a congressional hearing that the outlook for the US economy had become more cloudy. "Financial conditions in the United States have recently become less supportive of growth, with declines in broad measures of equity prices, higher borrowing rates for riskier borrowers, and a further appreciation of the dollar," she told the House Financial Services Committee.
By Michelle Nichols, Tom Perry and Humeyra Pamuk UNITED NATIONS/DAMASCUS/ONCUPINAR, Turkey (Reuters) - World powers pressed Russia on Wednesday to stop bombing around Aleppo in support of a Syrian government offensive to recapture the city and a Western official said Moscow had presented a proposal envisaging a truce in three weeks' time. Secretary of State John Kerry is pushing for a ceasefire and more aid access to Aleppo, where rebel-held areas are being cut off and the United Nations has warned a new humanitarian disaster could be on the way. Aid workers said on Wednesday the water supply to Aleppo, still home to two million people, was no longer functioning.
COLUMBUS, Ohio (AP) — Ohio Gov. John Kasich is expected to sign a bill stripping government money from Planned Parenthood, a move that might help him with conservatives who dominate the upcoming Republican presidential primary in South Carolina.