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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Oct 31, 2013
Page
9
The Federal Reserve holds its $85 billion monthly bond purchases to keep long term rates low while noting modest growth. It signals potential tapering next year despite a recent government shutdown and mixed data.
Precedo Capital Group Inc and Continental Advisors claim Twitter used a U.S. Europe and Asia roadshow to boost IPO valuation and shares price while later blocking sales. They seek 124 million dollars in damages amid allegations of misrepresentations. Twitter says the suit is meritless. Separately Amazon launches smile.amazon.com donating a portion of purchases to charity while offering the same products and prices as its main site.
The COLA increases Social Security benefits by 1.5 percent in January, boosting average payments about $19 a month for millions of retirees and disabled workers. Advocates note small rise. some families with high medical costs worry about keeping up.
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