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That was a soft back-pedal from December when they said risks were “balanced”, and some economists said it makes an interest-rate hike at the next FOMC meeting in March less likely, while not precluding it. The FOMC left the target for their benchmark rate unchanged...

That’s right, this isn’t even the first time Richardson has taken this route with his employees, though the Panthers lost Super Bowl XXXVIII to the New England Patriots, 32-29.

The Fed’s statement recognized a slowing of USA economic growth that encompasses inventory spending and exports.

Diageo’s first-half organic sales rose 1.8 per cent, compared with analysts’ estimates for growth of 1.6 per cent. That was an improvement from the first-quarter’s 1.5 per cent decline.

It also cut its 2016 WTI crude price outlook to $37.75 per barrel from $56.44, and for 2017 to $54.25 from $63.31 per barrel. The country exported 99.7 million barrels of oil in December at an average price of $US29.288 a barrel, according to data released by the Ministry of Oil...

Prices for Fed funds futures on Wednesday showed traders had pushed back bets for the next rate hike to July from June and modestly trimmed bets on a March hike.

ASIA’S DAY: The Shanghai Composite dropped 6.4 percent to finish at 2,749.78, the lowest since December 2014, when the index was beginning a rally that peaked last June.

Students at Amy Beverland Elementary School are picked up after an accident that saw a bus waiting outside the Indianapolis elementary school suddenly lurched forward and strike them.

Emphasizing the need for sustainable urban development, minister for urban development M. Venkaiah Naidu on Wednesday said in Delhi: “Cities should be water-positive through water harvesting, recycling and reuse of water, energy-positive with each household resorting to...

Meanwhile, No. 2 Apple saw 74.8 million phones shipped in the fourth quarter, a new high, IDC noted, but only 300,000 units more than it shipped in the fourth quarter of 2014. For Lenovo, the Q4 shipments totaled 20.2 million, which was a market share of 5.1-percent and a...

While the figures met expectations, Vicky Redwood, chief United Kingdom economist for research firm Capital Economics, warned the 0.5 per cent was “still a bit below the economy’s probable trend rate, meaning that growth still isn’t strong enough to meet one of...

At least part of the benefit of the Johnson/Tyco deal was that it enabled Johnson to legally flee from U.S. corporation tax since, although it’s the bigger partner in the merger, the combined entity will be based in Ireland (Tyco’s home country).

Five brokers accused of helping rig the Libor interest rate have been found not guilty by a jury at Southwark crown court. The judge directed the jurors that they could now return a verdict on which the majority were agreed. The jury couldn’t reach a unanimous verdict on...

City officials in Washington said they are bringing a machine which can melt 60 tons of snow per hour. “It’s unclear how much of the total pot will go to New York City at the end of the day”.

Secretary of State John Kerry said on Wednesday that he agreed with Chinese Foreign Minister Wang Yi about the need to reach a consensus on a “strong” resolution against North Korea from the United Nations Security Council.