Fed lifts rate modestly as a cautious signal
Washington says the Federal Reserve raised its key rate by a quarter point. The move will raise short term borrowing costs for banks and could nudges rates on credit cards and home equity loans higher, while longer term rates are expected to stay largely unchanged. Fed Chair Janet Yellen noted loans tied to longer-term rates are unlikely to move much and emphasized the small nature of the hike.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
Janet Yellen
Russian airstrikes restore Syrian military balance of power
Beir ut AP weeks of Russian airstrikes in Syria appear to have shifted momentum toward the Assad side. Kerry signaled Assad’s future depends on the Syrian people, implying he may stay for now and be part of a transition. Analysts note Moscow’s intervention complicates calls for Assad’s removal.
MENTIONED IN THIS ARTICLE
Beirut
Syria
Bashar Assad
Islamic State Group
Assad
Yezid Sayigh
Carnegie Middle East Center
GOP debate exposes split over foreign policy direction
Republicans argue over how far to engage abroad and prevent terror at home after Paris and San Bernardino. The debate shows fault lines since Bush's Iraq War, with candidates wary of isolationism but avoiding Bush era interventionism. Voters' security concerns shape early contests and opposition to Clinton.
MENTIONED IN THIS ARTICLE
Washington
U.S
Middle East
George W. Bush
Bush
Paris
San Bernardino
California
Obama
Richard Fontaine
John McCain
R-Ariz
Center For New American Security
GOP
Hillary Clinton
Year end budget deal passes with broad spending and tax cuts
The White House and lawmakers from both parties back a vast government funding and tax package worth over a trillion dollars in year end spending and hundreds of billions in tax cuts. It funds agencies through Sept 30 next year and avoids a shutdown, with Obama set to sign despite vetoed provisions.
MENTIONED IN THIS ARTICLE
Washington
White House
Congress
Obama
House
Paul Ryan
U.S
Mistrial in first officer's trial in Freddie Gray case
Baltimore jurors deadlocked after about 16 hours of deliberation over four charges including manslaughter and reckless endangerment in Gray's death. Porter's mistrial prompts retrial discussion as officials urge calm amid protests and renewed policing debate. The driver Caesar Goodson faces trial next January.
MENTIONED IN THIS ARTICLE
Freddie Gray
Baltimore
North
Pennsylvania
William Porter
Baltimore City
Marilyn Mosby
Gray
Porter
Stephanie Rawlings Blake
Baltimore Police Department
Kevin Davis
Mosby
Billy Murphy
Barry Williams
Baltimore Naacp
Kwame Rose
Race
Caesar Goodson
Charles Mason
Seattle student among Carnegie Heroes honored for stop of campus shooting
A Seattle Pacific University student building monitor Jon Meis is one of 24 named by the Carnegie Heroes Fund Commission for risking his life to stop a gunman on June 5, 2014. He pepper sprayed and tackled the shooter until police arrived.
MENTIONED IN THIS ARTICLE
Philadelphia
Washington State
Carnegie Heroes Fund Commission
Jon Meis
Seattle Pacific University
Psn
Police Law University
Meis
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Hi Lo
National World News IN
THE
Associated Press
Erika Alston
West Baltimore
Kids Safe Zone
Duane “Shorty” Davis
Joseph Murtha
Murtha
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Seattle
Carnegie
Peter Radke
Medina, Ohio
Lake Erie
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Pittsburgh
Andrew Carnegie
Dennis Hunke
Plainfield
Illinois
Medina
Ohio
Wayne Hoffman
Spring Green
Wisconsin
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Minnesota
Boyce Coleman
Yonkers
New York
Hudson River
Jennifer Fanelli
Maquoketa
Iowa
Matthew Tranel
Cory Simonson
Harvey Untiedt
Untiedt
Tranel
Simonson
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