News Briefs

Fed's Policy Normalization Principles and Plans: Summary

During its recent meetings, the Federal Open Market Committee discussed ways to normalize the stance of monetary policy and the Federal Reserve's securities holdings.


Fed Signals It Will Keep Key Rate at Record Low

The Fed said it planned to keep its benchmark rate near zero as long as inflation remains under control, until it sees consistent gains in wage growth, long-term unemployment and other gauges of the job market.


FOMC Statement for September Meeting: Moderate Expansion

Information received since the Federal Open Market Committee met in July suggests that economic activity is expanding at a moderate pace.


Delwar Hossain Sayeedi Gets Life for Crimes Against Humanity

Bangladesh's highest court has commuted the death sentence of top Islamist leader Delwar Hossain Sayeedi, triggering protests by his supporters and opponents alike.


Early Morning Quake Jolts Puget Sound

A 4.0 earthquake shook Puget Sound early Wednesday, rousing sleepers at around 3 a.m.


Southwest Braces for Severe Floods

As Hurricane Odile weakens to a tropical storm, there are growing concerns about the risk of flooding across the desert regions of the southwestern U.S.


U.S. Homebuilder Confidence Surges in September

U.S. homebuilders' confidence in the market for new, single-family homes soared this month to the highest level in nearly nine years, reflecting optimism that sales will increase over the next six months.


Scottish Inventions: From the Flush Toilet to 'Grand Theft Auto'

Scotland, the place that gave the world haggis and tartan, has produced so much more, from golf and television to Dolly the Sheep and "Grand Theft Auto."


What Has Scotland Ever Done?

he people of Scotland will decide on Thursday whether to end a partnership with the rest of the United Kingdom that has lasted more than 300 years. Here is a guide to Scotland as the historic vote nears.


Consumer Prices Drifted Downward in August

U.S. consumer prices edged down in August, the first monthly drop since the spring of 2013, as gasoline, airline tickets and clothing prices all fell.


Kohl's Hiring 67,000 for the Holidays

Kohl's Corp. says it will hire more than 67,000 seasonal workers nationwide for the holiday shopping season, about a third more than last year's 50,000.


Jobs Program Targets Veterans

Soldiers being discharged from the military will get the lowdown on the jobs available and benefits of staying in the area from a program started up Tuesday by business groups in Kentucky and southern Indiana.


Two-thirds of Hispanics Doubt Media Accuracy

A new study says a large majority of Hispanic and African-American news consumers don't fully trust the media to portray their communities accurately, according to the Media Insight Project.


How the Fed's Guidance on Rates Has Evolved

The language the Fed has used has steadily evolved since it cut its benchmark short-term rate to a record low in 2008.


Former CalPERS Board Member Chuck Valdes Dies

Charles P. "Chuck" Valdes was one of the most powerful figures at America's largest public pension fund, but he led a troubled private life.


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