09 Sep
Romney says he won’t cut taxes on wealthy
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Breaking News- Fed suggests it's closer to slowing bond purchasesWASHINGTON (AP) — The Federal Reserve signaled Wednesday that it's moving closer to slowing its bond-buying program, which is intended to keep long-term interest rates at record lows.
- Top UK court overturns sanctions on Iranian bankLONDON (AP) — Britain's Supreme Court quashed sanctions against an Iranian bank penalized over its alleged links to Iran's nuclear weapons program, saying Wednesday that Bank Mellat had been arbitrarily singled out.
- Fed foresees lower US unemployment rateWASHINGTON (AP) — The Federal Reserve expects the U.S. unemployment rate to fall faster this year and next than it did in March.
- Stock market falls as traders fear stimulus cutsNEW YORK (AP) — Stocks are falling after the Federal Reserve gave a slightly more optimistic outlook for the U.S. economy, which investors took as a hint that the bank was nearer to a decision to reduce its economic stimulus program.
- Men's Wearhouse ousts founder, pitchman ZimmerNEW YORK (AP) — Apparently, Men's Wearhouse Inc. doesn't like the way its founder looks anymore.
- FedEx 4Q profit drops as priority services lagDALLAS (AP) — FedEx Corp.'s fourth-quarter profit fell 45 percent as international customers traded down to less-expensive delivery options and the company spent heavily on restructuring.
- Diverted United 787 passengers resume Tokyo tripSEATTLE (AP) — Passengers from a United Airlines Denver-to-Tokyo flight that diverted to Seattle when the Boeing 787 had an oil filter issue resumed their trip Wednesday, a spokeswoman said.
- Pruitt: DOJ broke rules in phone records seizureWASHINGTON (AP) — The Justice Department violated its own rules when it secretly seized records for thousands of phone calls to and from journalists for The Associated Press as part of a leak investigation, the head of the company said Wednesday.
- Unmanned aircraft struggle to shed 'drone' imageLE BOURGET, France (AP) — Unmanned aircraft have helped rescue stranded hikers, worked to contain wildfires and gathered data at nuclear accidents. One helped a Russian tanker find its way through Arctic ice to bring oil to a stranded Alaskan community.
- Study: Wiser medication use could cut health costsTRENTON, N.J. (AP) — If doctors and patients used prescription drugs more wisely, they could save the U.S. health care system at least $213 billion a year, by reducing medication overuse, underuse and other flaws in care that cause complications and longer, more-expensive treatments, researchers conclude.
- Fed suggests it's closer to slowing bond purchases
