Weak inflation stalls hopes of Federal Reserve interest rate rise
US central bank acknowledges that low inflation could mean slower progress in raising rates
US central bank acknowledges that low inflation could mean slower progress in raising rates
So many soldiers have left that army is 3,400 men short of even its reduced target strength
"Queen of Versailles” stars Jackie and David Siegel have broken their silence for the first time since their daughter’s tragic death.
Former lathe operator who became a Met Opera mainstay
The dollar strengthened against its main rivals Wednesday after an updated monetary policy statement from the Fed didn't rule out an interest-rate hike in September. The euro fell to $1.1010 shortly after the statement's release, from $1.1060 beforehand. The dollar rose to 123.90 yen, from 123. 75. The pound was little-changed at $1.5620.
Читать дальше...Jon Hilsenrath has analysis of the Federal Reserve's move to keep rates near zero. The Fed cited continued improvement in the U.S. job market as an indication a September rate increase is likely. Photo: Getty
Johnny Velez-Garriga was convicted by a jury last month for shooting Shawn White in the hallway of his Coney Island apartment building.
Shake Shack Inc.'s stock rocketed 20% in active, afternoon trade Wednesday, putting it on track to post the biggest one-day price and percentage gain in its 6-month history. Volume of over 930,000 shares was nearly double the full-day average. The burger chain didn't release any news, and a company spokesperson was not immediately available for comment. Shake Shack went public 180 days ago, meaning the lock-up agreements for the underwriters, which restricted them from selling any of the shares, have now expired. Читать дальше...
JPW discusses the chances that Norwich City, Bournemouth, and Watford have of staying up next season.
State minor water resources minister Manoj Kumar Singh on Wednesday said the government has allocated Rs 60 crore for Bihar centenary tubewell scheme and exhorted farmers to take maximum benefit of it in the coming months.
LA CROSSE, Wis. – Daniel James Hensel, former school teacher at Christ Lutheran School, Burr Oak, Wis., for 32 years, and salesman at Sears, Roebuck & Company in La Crosse and Onalaska, Wi…
Tomas Monzon
LOS ANGELES, July 29 (UPI) -- Justin Bieber took to the airwaves Wednesday to announce his new single, "What Do You Mean?" on Ryan Seacrest's radio show.
The Federal Reserve offered a slightly more upbeat assessment of the economy but provided little insight into when it will raise its benchmark interest rate for the first time in nearly a decade.Fed officials voted unanimously to keep the target rate at zero for now, after wrapping up their regular two-day policy-setting meeting in Washington on Wednesday afternoon. In a carefully worded statement, the central bank noted that the economy has expanded “moderately.” It pointed to solid job gains and... Читать дальше...
Richard Waters gets hands on with new Microsoft OS and finds it has gone back to basics
Fed policy makers do not rule out interest-rate hike in September
Gold futures settled lower Wednesday then climbed in electronic trading after the Federal Reserve voted to keep a key U.S. interest rate unchanged and implied that a September rate hike hasn't been ruled out. Nymex oil futures pared some of its gains following the statement. August gold traded at $1,096.60 an ounce in electronic trading on Globex, after settling at $1,092.60 on Comex, down $3.60, or 0.3%, before the Fed news. September oil added 83 cents, or 1.7%, to $48.88 a barrel ahead of the Nymex close... Читать дальше...
DETROIT - Groups involved in creating a new place for watching birds along the Detroit River said Wednesday that they hope it will help reconnect people with the waterway and inspire a new generation of conservationists.
CHARLESTON, South Carolina - The South Carolina Supreme Court has refused to hear a challenge to a permit for a contentious $35 million cruise passenger terminal in Charleston.
U.S. stocks shot higher immediately after the Fed released a statement leaving interest rates unchanged, but pared those gains within 10 minutes of trade. The decision to leave rates unchanged was unanimous. The S&P 500 was up 8 points, or 0.4%, to 2,101. The Nasdaq Composite was flat at 5,088. The Dow Jones Industrial Average traded 74 points, or 0.4%, higher at 17,707.
Читать дальше...The Bachelorette star Kaitlyn Bristowe and her new fiance Shawn Booth look totally in love as they pose together while waiting for a taxi on Tuesday evening (July 28) in New York City. The couple recently revealed what exactly went down when a Snapchat photo of themselves in bed went public in the middle of [...]
Google Wednesday paid a special homage to "missile man" A P J Abdul Kalam by displaying a black ribbon on its homepage.
It may not be the most outwardly dynamic of professions (I write this in a more or less supine position on the sofa from which I can't remember having stirred all day), but writing is not only one of the more mythologised pastimes —it's also a vital part of the filmmaking process. As a result, there are perhaps an inordinate number of films that place writers at the center of their narratives, as though screenwriters, casting around for a subject and being advised to "write what you know," can most readily identify with other writers. Читать дальше...