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Fed holds on interest rates, dissent grows

Fed officials also cut their median growth projection for 2016 to 1.8 percent from 2 percent, mirroring the drop in the longer-run forecast, based on median estimates. The Nasdaq composite climbed 44 points, or 0.8 percent, to 5,339. USA crude prices settled down 4 percent on signs Saudi Arabia and arch rival Iran were making little progress toward a preliminary agreement ahead of talks by major crude exporters next week aimed at freezing production.

Business

Tennessee Factory Worker Fatally Shoots His Two Supervisors, Self

Two supervisors killed in a workplace shooting Thursday afternoon at a factory in Athens were both longtime employees and loving grandparents, according to their family members. "This is one of those tragedies that we see on TV all the time, it happens everywhere else, it never supposed to happen in Athens ". "She was glad to be back and helping but was also really ready to truly retire so they could spend the time on what they planned on doing", Kristy said.

Business

Mets rally in 11th, get dramatic win over Phillies

The Phillies took a 7-6 lead in the top of the 11th inning on a two-out bloop single by A.J. Ellis, who helped beat the Mets with a two-run double in his first game with Philadelphia back in August. Reyes on the win: "I can't even explain it, man". Hellickson's leadership could come in especially handy on Friday after the Phillies blew three leads in Thursday's loss.

Business

Asian markets waver on uncertainty over US Fed policy

The BOJ policy board is expected to conclude in the review that the economic benefits of the negative rate announced in January outweigh the side effects. Hong Kong shifted in and out of negative territory through the day and was up 0.1 percent in the afternoon while Sydney added 0.4 percent. The Dow Jones industrial average was up 13.25 points, or 0.07 per cent, to 18,080, the S&P 500 had gained 3.19 points, or 0.15 per cent, to 2,130.21 and the Nasdaq Composite had added 24.08 points, or ...

Business

Standing Rock Sioux Testifies About DAPL Before United Nations in Geneva

He says Morton County has also spent an additional $400,000, but the county may be allowed to apply for reimbursement. More than 150 attended the protest. Most articles explaining what has been happening in North Dakota date back to August, such as The New York Times' article, "Occupying the Prairie: Tensions Rise as Tribes Move to Block a Pipeline", by Jackson Healy, which has a timestamp of Aug.

Business

Wall Street Rally Continues After Fed Rate Decision

It raised rates past year for the first time in almost a decade. Most analysts have said they think the Fed will next raise rates in December. However, a December Fed Funds Rate hike seems a real possibility. Earlier on Wednesday, the BOJ set a new goal of keeping the 10-year Japanese bond yield at around its current level near zero percent, a move to aid banks squeezed by negative-interest rates, while preventing bond yields from rising high enough to reduce private-sector borrowing.

Business

USA government approves passenger jet sales to Iran

Planes made by European-based Airbus typically have more than 40 percent of their parts manufactured in the United States. The Airbus planes from the manufacturer based in France will be a combination of A320 and A330 aircraft, another Airbus spokesman, Justin Dubon, said.

Business

North Korea raises nuclear stakes

They also stressed that the implementation of UN Security Council Resolution 2270, which was imposed after the North's fourth nuclear test PLUS forming a new stronger one is crucial. "The core of the issue is the conflict between the [North Korea] and the USA", she said. South Korea is home to around 28,500 United States troops and numerous bases.

Business

TSX closes 25 points higher; dollar down slightly

In New York, the Dow Jones industrial average climbed 98.76 points at 18,392.46, while the broader S&P 500 index added 14.06 points at 2,177.18. TORONTO, Sept 23 Canada's main stock index fell on Friday as investors pulled back after a strong rally this week following the U.S.

Business

Wells Fargo CEO steps down from Federal Reserve Advisory Council

As Wells Fargo's tremendous downward slide, triggered by its phony account scandal and spurred on by its poor handling of the fallout, deepens, its single largest shareholder has remained mum about the company's woes. Among other stipulations, the FLSA mandates that non-exempt employees receive overtime pay equal to 1.5 times his or her regular rate, if the employee works more than 40 hours per week.

Business

Clinton leads, but is vulnerable as debate with Trump looms

At 9 p.m. ET on the night of Monday, Sept. 26, Hillary Clinton and Donald Trump will step on a stage together and give their thoughts, opinions, and ideas on the pressing issues that the next president will have come their way. But he's gotten close enough so it can make you nervous. Sanders drew a great deal of support from the youngest group of American voters, and Trump , who needs to win over more women and young people before the November 8 election, took up a similar theme in ...

Business

Clinton leads Trump by 9 points

Trump continue to get out-raised by Mrs. Clinton. That said, Trump's chances have never been higher. "A lot of white people with disabilities". King noted that Trump's "political incorrectness" isn't an issue. Well, they say she's practicing for the debate . As he traversed Pennsylvania on Thursday, Donald Trump offered, as he has several times this week, an assessment on the whereabouts of Hillary Clinton .

Business

Galaxy Note 7 replacements hit 100000 cases in Korea

Consumer Product Safety Commission, have been already exchanged. According to a report from ZDNet , Samsung has received 26 false reports of Galaxy Note 7 units catching fire since the recall started. About 400,000 Note 7s were said to have been sold in South Korea. Kaye said customers will now be offered full refunds, not just replacement devices, if they choose.

Business

Archambault highlights pipeline issue for United Nations commission

The U.S. Army Corps of Engineers issued a special use permit Friday to the Standing Rock Sioux Tribe to use Corps land south of the Cannonball River near Lake Oahe to protest the Dakota Access Pipeline . A pair of unidentified Dakota Access Pipeline project protesters join the large crowd gathered with the sign language gesture of "love" in front of the Mandan City Hall on Tuesday, Sept.

Business

Wenger will not read Mourinho biography

Conte, in stark contrast with his predecessor-but-one Jose Mourinho, heaped praise on Arsene Wenger ahead of their first meeting as managers, saying that he has a "great reputation" in Italy. Asked if he felt let down by Beasley putting the quote in the public domain, Mourinho, whose United side face Leicester, live on Sky Sports 1 HD on Saturday, said: "You can see how close he was [to me]".

Business

Oil prices drop ahead of producer's meeting

CT (11:28 GMT), down 50 cents day on day and a near three-week low. Market analysts' expected a crude-stock increase of 3.35 million barrels, while the American Petroleum Institute late Tuesday reported a supply draw of a whopping 7.5 million barrels.

Business

Bayer inks $66B deal to acquire Monsanto

Both acquisitions are now being reviewed by antitrust regulators. "Whenever we think about merger review it's always about the future". That deal cleared a major regulatory hurdle in the USA last month, but it still has a series of antitrust reviews around the world to get through.

Business

Wife of New York Bomb Suspect Ahmad Rahami Returns to US

Investigators are attempting to identify two men who were spotted on a surveillance video purportedly taking a suitcase that held one of the bombs on New York's 27th Street. David Patton, the head of the federal public defenders office in NY, asked on Wednesday to be appointed as Rahami's attorney and to be allowed to meet with him, saying the suspect has not had the advice of a lawyer thus far.

Business

Asian stocks shoot higher after Fed decision

Fed doing nothing to upset the apple cart, the markets got what they wanted". However, Yellen made it clear that a rate hike would happen before the end of the year. Higher interest rates make currencies more attractive to investors. "There are only so many times you can lay out the case to act and then do nothing and still expect to maintain your credibility", said Richard Moody, chief economist at Regions Financial Corp.in Birmingham, Alabama.

Business

Ford CEO: Ride-hailing apps forced us to rethink business model

The No. 2 US vehicle maker also said profit will shrink in 2017 due to investments, then rebound in 2018 amid an expansion of its auto and truck lineup and $3 billion in annual cost cuts achieved during a three-year span beginning this year.

Business

Divided Federal Reserve opts for hold on interest rates

The FTSE 100 is up around 10 percent so far in 2016, after a Bank of England rate cut helped the FTSE to recover from June's vote to quit the European Union. What are the key takeaways from the Fed's decision, especially for India? PULLED A RABBIT: Open source software company Red Hat rose $2.70, or 3.5 percent, to $79.74 after the company reported better than expected results in its second quarter.

Business

What Consumers Need to Know About the Yahoo Security Breach

Although the stolen data can be used in financial crimes, such as identity theft, experts said a foreign intelligence agency can combine the Yahoo files with information from other sources to build extensive dossiers on USA government or corporate officials in sensitive positions.

Business

TSX, loonie see gains as oil, gold prices push up

The Standard & Poor's 500 index rose 13 points, or 0.6 percent, to 2,175 and the Nasdaq composite rose 37 points, or 0.7 percent, to 5,332. After hesitating or worrying that the Federal Reserve will raise interest rates, investors piled into high-dividend stocks following yet another Fed decision to stand pat on interest rates.

Business

Jets' Marshall likely game-time call with ailing knee, foot

Marshall did not practice Monday, as expected, but added that he shouldn't ever be counted out from playing until Sunday. Not that coach Todd Bowles anticipates handing the ball off to Forte 30 times a game, as the Jets did Thursday night in a 37-31 victory at Buffalo.

Business

Israeli and Palestinian leaders clash at United Nations general assembly

The outgoing United Nations general secretary, Ban Ki-moon, and the USA president, Barack Obama, cited Israeli settlement-building as a threat to a two-state solution in their own speeches to the assembly earlier this week. "The true core of the conflict is the persistent Palestinian refusal to recognize the Jewish state in any boundary", Netanyahu stated. Mr Abbas, however, did not employ the inflammatory rhetoric against Israel that characterised his previous General Assembly speeches.

Business

Gas Prices Rising Along the East Coast due to Pipeline Shutdown

Our crew was out in the Triangle Tuesday afternoon and saw long lines and gas stations without any fuel. Authorities said the leak in the pipeline was discovered September 9 near Helena, Alabama, when state workers noticed a strong gasoline odor and sheen on a man-made retention pond.

Business

Stop waiting for a rate hike. It's not coming

The median FOMC member predicts rates between 0.5% and 0.75% at the end of this year, suggesting only one more hike in 2016. " Looking forward , we expect the economy to continue to be supported by low interest rates and the depreciation of the exchange rate since early 2013", Lowe told a parliamentary economics committee.

Business

Fed Keeps Rates on Hold as Members Become More Divided

The US central bank noted US economic activity had picked up and job gains were "solid" in recent months. Most analysts have said they think the Reserve will raise rates in December. In late-afternoon trading, the yield on the 10-year benchmark Treasury note was 1.630%, compared with 1.668% on Wednesday. The Fed decision follows debate by leaders of the Bank of Japan, which sets policy for the world's third largest economy.

Business

South Korea reveals it has a plan to assassinate Kim Jong Un

Ri Yong Ho's speech at the United Nations General Assembly was marked by frequent condemnations of USA policy and U.N. sanctions against North Korea, South Korean news agency Yonhap reported. The "third track" would remain silent on the issue of North Korea's nuclear weapons and ballistic missile programs. A USA military source told CNN this is the closest this type of bomber has ever flown to North Korea.

Business

United States stocks jump after Fed leaves interest rates unchanged

While the U.K.'s FTSE 100 Index jumped by 1.1 percent, the German DAX Index and the French CAC 40 Index both soared by 2.3 percent. The greenback later pared some losses and was last trading at 100.25 yen, down 0.1 percent on the day. "A rate hike is probable in December, but it has once again become clear that rates will go up only very gradually", said Philippe Gijsels, head of research at BNP Paribas Fortis.

Business

FBI 'Continuing to Gather Facts' Regarding Brad Pitt Child Abuse Allegations

The plane reportedly landed just before 8 p.m. Witnesses reportedly told TMZ Pitt was "out of control" on the tarmac, and even tried to escape in a fuel truck. " LAPD is not handling any report or allegations into child abuse against Brad Pitt ", spokeswoman Officer Jenny Houser told USA Today. The LA County Department of Children and Family Services also denied that it had confirmed allegations against Pitt to any media outlets.

Business

I'm still in this fight, says Hamilton

And now I'm going to celebrate after this. "I can't wait to get home, and the next stop is Malaysia ". The Red Bull Racing driver took huge chunks out of Rosberg's lead, which stood at 20 seconds with just 10 laps to go, to finish a tantalising 0.488 seconds behind when the chequered flag fell.

Business

Marriott Acquires Starwood to Form Largest Hotel Chain in World

Marriott International Inc. signage is displayed outside company's headquarters in this photograph taken with a tilt-shift lens in Bethesda, Maryland, U.S., on Wednesday, June 1, 2016. Before buying Starwood, Marriott operated or franchised more than 4,500 hotels. Experts had been fretting that Starwood's lauded program might be watered down.

Business

Little girl pulled out alive from rubble after air raids pound Aleppo

Almost 30 civilians were killed Friday by bombardment in Syria's northern city of Aleppo, a monitor group reported. "The regime tried to advance in several neighbourhoods in Aleppo ", he said, adding that rebels have so far repelled all attacks.

Business

Gold, silver are up after Yellen backs off hike

US shoppers retreated in August to depress retail sales after four straight monthly gains. Julien Scholnick, manager of the Western Asset Core Bond fund and Western Asset Intermediate Bond fund, said the Fed's medium-term outlook on inflation and growth could mean it backs out of a rate rise in December.


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