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July, 29, 2016

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Fed keeps rates steady but increase may be coming
The Federal Reserve left key interest rates untouched Wednesday but acknowledged improved economic performance, suggesting a rate increase may still be on the horizon in 2016.
 
Fed's more upbeat tone suggests rate hike sometime this year
The Federal Reserve said Wednesday that near-term risks to the U.S. economy have diminished, reviving the prospect that it will resume raising interest rates as soon as September.
 
Hundreds of cafeteria workers who help feed senators and others in the Capitol and nearby office buildings will get back pay totaling more than US$1 million because their private employers illegally underpaid them, the U.S. Labor Department said Tuesday.
 
Aiming to develop new export markets for a fuel source hit by declining domestic demand, Wyoming Governor Matt Mead on Monday signed an agreement calling for cooperation between the state and a consortium of Japanese companies in researching clean-coal technology.
 
Pricey drugs overwhelm Medicare safeguard
A safeguard for Medicare beneficiaries has become a way for drugmakers to get paid billions of dollars for pricey medications at taxpayer expense, government numbers show.
 
March for pensions
Thousands of workers march against the Pension Fund Administrators, demanding an end to the system due to low pensions, in Santiago, Chile, Sunday, July 24.
 
In 1890, the psychologist William James wrote that there was "no more miserable human being than one in whom nothing is habitual but indecision."
 
The U.S. government is suing to stop two major health insurance mergers, a move regulators say is needed to protect Americans from potential cost hikes and lower quality care.
 
Scandal-hit Ailes resigns as head of Fox News
Roger Ailes, who built Fox News into a politically powerful cable network, resigned Thursday under the cloud of a sexual harassment lawsuit.
 
UPS helps businesses deliver urgent shipments
UPS (NYSE:UPS) announced the expansion of its UPS Worldwide Express package service to reach 117 countries and territories, including Taiwan, providing an earlier delivery option to more locations. UPS delivers more packages internationally than any other carrier in the world, according to a press release from the company.
 
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