News

Photo

Fed renews zero rate pledge, but hints at steeper rate hike path

WASHINGTON - The Federal Reserve on Wednesday renewed its pledge to keep interest rates near zero for a "considerable time," but also indicated it could raise borrowing costs faster than expected when it starts moving. | Video

Recent Top News

As growth stalls, G20 seeks closure on regulations

SYDNEY - G20 host Australia is leading a push to draw a line under the global financial crisis, urging the group of top economies to swiftly finalize regulations aimed at preventing a repeat of the crash and focus on measures to revive sputtering global growth.

1:36am EDT

U.S. House passes bill to avert government shutdown, extend Export-Import bank

WASHINGTON - The U.S. House of Representatives on Wednesday approved a stop-gap spending measure that averts an Oct. 1 government shutdown and extends the U.S. Export-Import Bank's ability to operate for another nine months.

Politics, U.S. 17 Sep 2014

Nuclear deal elusive as Iran, six powers resume talks in New York

UNITED NATIONS - A diplomatic breakthrough is unlikely on a nuclear deal to end sanctions against Iran when talks resume in New York this week between Tehran and six world powers deadlocked after a year of negotiations.

World, United Nations 17 Sep 2014

Islamic State campaign tests Obama's commitment to Mideast allies

WASHINGTON - After about 15 hours of flying and five hours of meetings, sleep finally caught up with U.S. Secretary of State John Kerry in Baghdad. It was 6:04 p.m. 

Politics, World 17 Sep 2014
Photo

Wildfire in California's Sierra Nevada menaces 2,000 homes

LOS ANGELES - Fire crews in California's rugged Sierra Nevada battled to gain the upper hand on Wednesday against a blaze that threatened at least 2,000 homes and has displaced hundreds of residents as flames roared for a fifth day through dry timber and brush west of Lake Tahoe. | Video

Photo

China sentences four for explosives, bid for 'jihad': report

BEIJING - China has sentenced four people to up to 20 years in jail for "plotting terror attacks", state media said, the latest in a wave of rulings as the government accelerates a crackdown on what it says is violence fueled by Islamist militants.