Stories for July 10th 2014

Thursday, July 10th 2014 - 21:48 UTC
Fed will end asset purchases in October, but no decision yet on interest rates

The Federal Reserve has begun detailing how it plans to ease the US economy out of an era of loose monetary policy, indicating it will end its asset purchases in October and appearing near agreement on a plan to manage interest rates in the future, according to minutes of the last Fed policy meeting.
Thursday, July 10th 2014 - 21:43 UTC
FIFA suspends Nigeria from international competition following Lagos meddling with football affairs

FIFA has suspended Nigeria from international competition after soccer leaders were fired by the government following the team’s World Cup exit amid a dispute over player bonuses. The suspension took effect immediately Wednesday, with Nigerian teams and officials barred from international matches and meetings.
Thursday, July 10th 2014 - 21:36 UTC
FIFA rejects Suarez appeal presented by the Uruguayan Football Association

Uruguay forward Luis Suarez, banned from all soccer activity for four months and nine competitive internationals for biting Italy defender Giorgio Chiellini during a World Cup match, has lost his appeal, FIFA said.

Fed will end asset purchases in October, but no decision yet on interest rates