The Federal Reserve, on Wednesday following a two-day meeting, and with two members dissenting, left interest rates unchanged but anticipated the FOMC “judges that the case for an increase in the federal funds rate has continued to strengthen, but decided, for the time being, to wait for some further evidence of continued progress toward its objectives”.
The Republican candidate now has a one-point lead in election that is too close to call, according to major survey.Donald Trump has overtaken Hillary Clinton to take a single percentage point lead in a poll by ABC, the first time he has done so since May. Though the result remains within ABC’s margin of error, the broadcaster said the leaders changing places was a noteworthy moment with just a week to go until election day.
The norovirus which has caused havoc to the cruise industry had emerged in Massachusetts waters forcing the closure of shell fishing within Wellfleet Harbor. The ban imposed by the Massachusetts Division of Marine Fisheries (DMF) has been set since October 28, but does not include bay and sea scallop adductor muscles and carnivorous snails, including conchs and whelks.
The US economy grew at the fastest pace in two years in the third quarter, initial figures have indicated. The world's largest economy grew at an annual rate of 2.9% in the three months to September, the Commerce Department said. Analysts had predicted growth of just 2.5%.
Chinese Conglomerate HNA said it paid US$6.5bn for the stake previously owned by Hilton's biggest shareholder Blackstone. Chinese companies have increasingly been investing in tourism-related businesses overseas as more Chinese citizens travel abroad.
The United States is currently in the midst of an epic cheese glut — with 1.2 billion pounds of cheese sitting in cold storage. This in practical terms means every man, woman, and child would have to grab an extra three pounds chair. That’s over and above the 36 pounds of cheese per year the average American already eats.
After New York Gov. Andrew Cuomo signed legislation on Friday imposing costly fines onto people who advertise illegal rentals online, the housing site Airbnb sued, contending that the law violates freedom of speech and is unconstitutional.
The telecom-media giant that would be formed if United States federal regulators approve AT&T Inc’s US$85.4 billion purchase of Time Warner Inc raises antitrust issues, Democratic vice presidential candidate Tim Kaine and several U.S. lawmakers said on Sunday.
Four decades ago, U.S. ex president James Carter tried to do in secret what Barack Obama finally achieved publicly and in a less adverse context: to start a process to normalize relations between the United States and Cuba. In a long article, the Cuban newspaper Granma reveals that Carter (1976/1980) had been the only US president who set in writing his intention to promote dialogue between Washington and Havana.
Major websites were inaccessible to people across wide swaths of the United States on Friday after a company that manages crucial parts of the internet’s infrastructure said it was under attack. Users reported sporadic problems reaching several websites, including Twitter, Netfix, Spotify, Airbnb, Reddit, Etsy, SoundCloud and The New York Times.