Federal Reserve signals plan to keep rate at record low
The Federal Reserve signaled it will keep its key rate near zero as long as inflation remains controlled and wage growth and job market gains improve. It plans to end bond purchases after the next meeting in October and to raise short-term rates before stopping reinvestments, with forecasts showing slower growth and a 2.1 percent expansion this year.
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Federal Reserve
Washington
U.S
Fed
Central Bank
Mike Arone
State Street Global Advisors
Treasury
Financial World
Consumer prices dip 0.2 percent in August
The Labor Department reports August as the first monthly price decline since spring 2013, led by reductions in gasoline, airline tickets, and clothing. Core prices were flat, while overall inflation sits at 1.7 percent over 12 months.
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Uss
Labor Department
Federal Reserve
Ian Shepherdson
Pantheon Macroeconomics
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AAA
California
Drugstores expand vaccines boosting access nationwide
Walgreens provided flu shots to a population about twice the size of Los Angeles while CVS distributed over 5 million doses and Walmart offered vaccines at more than 4,200 stores. Retailers push into immunizations, signaling a shift from doctor offices, with nearly half of adult flu vaccines now in non medical settings.
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Los Angeles
CVS
Wal- Mart
U.S
Robert Wergin
Milford
Neb
American Academy of Family Physicians
Danit Marquardt
Wal-Mart
Carolyn Bridges
Centers For Disease Control and Prevention
United States
Kohl's holiday hiring to rise 15 percent
Kohl's Corp plans to hire more than 67,000 seasonal workers for the holiday season, a 15 percent increase from last year. The retailer, based in Menomonee Falls Wisconsin, operates 1,163 stores in 49 states and expects about 50 associates per store, up 25 percent. It also plans 9,300 distribution center hires and 670 credit operations seasonal roles.
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New York
Kohl's Corp
Kohl's
Menomonee Falls
Wis
National Retail Federation
FedEx Corp
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The
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Eric Keuffel
Temple University
Lynn Bruggemann
Wyckoff
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Columbia
S.C
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