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Business News
Fed increases estimate for key rate at end of 2015
WASHINGTON (AP) -- Federal Reserve policymakers have slightly increased their estimate of what the Fed's benchmark interest rate will be at the end of 2015 compared with their estimate three months ago....
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Fed signals plan to keep key rate at record low
WASHINGTON (AP) -- The Federal Reserve signaled Wednesday that it plans to keep a key interest rate at a record low for a considerable period because a broad range of U.S. economic measures remain subpar....
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Stocks higher after Fed statement
NEW YORK (AP) -- U.S. stocks rose in afternoon trading Wednesday after the Federal Reserve said that it plans to keep a key interest rate at a record low for a "considerable period" after its bond buying program ends next month. Stocks of home builders jumped after a rise in confidence in the new home market....
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FedEx to add 50,000 seasonal jobs
DALLAS (AP) -- Growth in online shopping is boosting profit at FedEx, and the company plans to hire more than 50,000 extra workers to handle what is shaping up as another record year for holiday-season package deliveries....
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Investors buy German debt at negative rates
FRANKFURT, Germany (AP) -- Investors have bought billions of euros in German treasury notes that pay negative interest - meaning the purchasers agreed to pay a small fee for the privilege of lending the German government their money....
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Do you think spanking is an appropriate form of punishment for kids?
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