Fed signals gradual rate hike after steady stance
The Federal Reserve kept rates unchanged and signaled a later rise, aiming for further economic gains and inflation toward 2 percent. The statement noted improved job market and spending, with unemployment at 5.3 percent and hints the labor market nears full health, while a September hike remains the forecast contingent on data.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
Janet Yellen
Yellen
House votes for highways transit funding and VA fix
The House approved a bill to extend transportation spending through Oct 29 and replenish the Highway Trust Fund with 8 billion dollars, enough to support highway and transit aid through mid December. The Senate plans a Friday deadline vote amid wider fights over veterans funding, Iran policy, and a long term transportation bill.
MENTIONED IN THIS ARTICLE
Washington
Federal Highway Trust Fund
Senate
Transportation Department
Department of Veterans Affairs
House
Congress
Barack Obama
Iran
White House
Federal Aviation Administration
Tom Cole
Oklahoma
Republican
Export-Import Bank
U.S
Senate Gop
Debris from wing part tied to MH370 found in Indian Ocean
U.S officials say debris identified as a flap eron from a Boeing 777 wing matches the Malaysia Airlines plane MH370. French investigators confirm wing fragment on Reunion island as part of the search continues with no definitive wreckage found. Malaysian and Australian authorities caution that verification is needed before confirming the find, and seabed search remains the priority.
MENTIONED IN THIS ARTICLE
Washington
Indian Ocean
Malaysia Airlines
U.S
Boeing
Reunion
USS
Andaman Sea
Penang
United Nations
Liew Tiong Lai
Australian Transport Safety Bureau
Martin Dolan
Australia
Dolan
Associated Press
Kuala Lumpur
Malaysia
Beijing
China Sea
Gulf of Thailand
Carter backs Iran deal as preferable to military strike
Defense Secretary Ash Carter told lawmakers a successful implementation of the Iran nuclear agreement is preferable to a strike. General Dempsey and cabinet members supported the deal amid a 60 day congressional review with veto threats from President Obama and bipartisan push to back sanctions relief and enhanced inspections.
MENTIONED IN THIS ARTICLE
Washington
Ash Carter
U.S
Iran
Tehran
Carter
Martin Dempsey
Joint Chiefs of Staff
Barack Obama
White House
Congress
Dempsey
Obama
Sander Levin
Michigan
Israel
New York
Grace Meng
House Foreign Affairs Committee
Health care spending to speed up
Washington reports that health care spending will outpace overall economic growth over the next decade, driven by expanded insurance coverage, aging population, and rising demand. By 2019 costs rise about 6 percent annually, higher than 4 percent from 2008 to 2013, with reform efforts aimed at quality over quantity to curb inflation.
MENTIONED IN THIS ARTICLE
Washington
U.S
Barack Obama
Health and Human Services Department
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Senate Banking Committee
Capitol Hill
THE
John Boehner
Ohio
Susan Walsh
Inyurl.com
Accent
Rante
Marbi
Music City Mall Plaza
Dent
American Action Forum
America
Andrews
Odessa
Texas
Sgie
ITN Grandveew Own and Oantey Center
Oapa.com
Lowe's Marketplace
Dickey's
Barbecue Pit
Lowe's
Dickeys
Eure
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