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The Gazette in Medina, Ohio

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

The Gazette

Location

Medina, Ohio, United States of America

Date

Sep 17, 2020

Page

5

Fed Keeps Rates Near Zero as Stocks falter after rally

Wall Street closed lower after a rally faded as the Federal Reserve signaled rates near zero through 2023. The S&P 500 fell 0.5 percent to 3,385.49, the Dow gained 0.1 percent, and the Nasdaq dropped 1.3 percent. The Fed kept policy easy and projected slower growth with unemployment easing.

Federal Reserve Wall Street S&p Fed Ryan Detrick LPL Financial Central Bank Jay Powell

Five Chinese Citizens Charged In Global Hacking Case

The Justice Department charged five Chinese citizens suspected of hacking more than 100 companies and institutions worldwide, including social media, video game firms, universities, and telecoms. Two Malaysian associates were arrested in Malaysia and face extradition. The case centers on the China based APT41 group linked to cyber espionage and profit driven intrusions.

Washington Justice Department United States Malaysia Trump China APT41 Mandiant Threat Intelligence Sherwin Ministry of State Security Jeffrey Rosen

OECD lifts 2020 world outlook amid pandemic uncertainty

The OECD says the global economy may shrink 4.5 this year, better than June’s 6.0 forecast, with a 5 percent rebound next year. The U S contracts 3.8 percent and China could grow 1.8 percent, while India Mexico and South Africa are cut. Fiscal and monetary support should stay in place to bolster confidence and jobs.

Paris United States China Organization For Economic Cooperation and Development OECD U.S India Mexico South Africa Laurence Boone

Panel report blasts Boeing and FAA over deadly crashes

A House Transportation Committee report faults Boeing and FAA for the 2018 Lion Air 610 and 2019 Ethiopia Airlines 302 crashes, citing design flaws and weak oversight. It backs reforms to the certification process and reduced delegation, while Boeing and the FAA defend current compliance. A Senate panel delayed narrow changes as lawmakers debate oversight control.

House Boeing Democrat-controlled Transportation Committee Federal Aviation Administration Senate FAA Lion Air Indonesia Ethiopian Airlines Ethiopia

Also Mentioned on This Page

Stan Choe Damian J. Troise Alex Veiga Associated Press Mike Zigmont Harvest Volatility Management Lindsey Bell Ally Invest Powell Global Hacking Conspiracy Beijing Taiwan Michael Sherwin District of Columbia Michael R. Sherwin The Peter DeFazio Oregon DeFazio the Market IN Review Dow Jones Dow Industrials Dow Transportation Dow Utilities Wilshire Russell NYSE Naspaaq Ecig QuratRet GenElec Ekodak JounceTh Apple Inc Ontrak InovioPhm 1104136 18.52 +4.89 SwitchE un ADT Inc AmAirlines Myomo BkofAm Syneosh H OcciPet Ossenian LexnFint WellsFargo GameStop LMP Auton SorrentoTh At&t Inc AMD Microsoft Amé Airlines Myomars Apple Incs Newell Br ArrowPhm NiSource EcoBrad Nikola NokiaCp BarrickGld Northropg BedBath Norw Cruis OasisPet Carnival Cedarf Cisco Oracle OwensCorn Citigroup Pg&e Cp CocaCola Comcast Delta Air Re Pelotnintra DraftKin PepsiCo Petrobras Pfizer EggTrastr Rpm ExxonMbl Facebook FedExCp Sirilusxm FirstEngy SlackTc Fordm Ee Smucker Frotmicm A GameStop SorrentoTh SwstAirs Gevo SwsinEngy HeatBio Target HomeDp Tesla Incs HuntBnesh iBio Transoen Novio Phm Twitter Ntel Uber Tch UtdAirlol Vale SA Nvacare Tauunh Vaxarth Jpmorgch VerizonCm Lel Keycorp WalMart Kohls Wendys Co Kroger MGM Rsts YumBrnds Macys Zomedica Marathno Zynga Exch Sweet Crude NYMX New York Mercantile Exchange Chicago Board of Trade CME Chicago Mercantile Exchange ICE Intercontinental Exchange Mutua AmrcnBalAm Fdmitsinvsa Grfamrca m Incamrca m Invcamrca Wamtinvsa x American NwPrspctvAm Dodge & Cox Inc Dodge & Cox Fidelity Fidelity GroCp Pimco TtlRetins Schwab Sp500idx T. Rowe Price Bcgr Vanguard Vanguard Diversav Vanguard Hcadmrl Ntrteadmrl Nsidxins Vanguard nsidxInsPlus Vanguard MdCpldxAdmrl Vanguard PrmCpAdmrl Vanguard Stinvmgrdadmrl Doe SEC
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