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G20 to meet in Washington 0:51 Report

World leaders from major industrial and developing countries convene in Washington to discuss global economy.

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Fed keeps rates near zero, but voices some optimism

WASHINGTON (Reuters) - The Federal Reserve on Wednesday voiced guarded optimism the battered U.S. job market was improving, but it repeated a vow to keep interest rates extraordinarily low for "an extended period."

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A long-range, improved Sejil 2 missile is test-fired in the desert at an unknown location in Iran in this Iranian military handout distributed by Fars news agency on December 16, 2009.

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