SEJONG, South Korea, Sept 18- South Korea's government will boost budget spending more than previously planned at least for the next three years to help the local economy better cope with a tepid global recovery and a continued slump in domestic demand.» Read More
WASHINGTON— Figures on government spending and debt.
Bonds sold off as traders read the Fed's new rate forecasts as slightly more aggressive, but dovish comments from Yellen and the Fed statement drove stocks up.
The Fed remained on its easy-money course, allaying market fears that it might start raising interest rates sooner than expected.
WASHINGTON— Below is the statement the Fed released Wednesday after its policy meeting ended:. Information received since the Federal Open Market Committee met in July suggests that economic activity is expanding at a moderate pace.
This is a comparison of today's FOMC statement with the one issued after the Fed's previous policy-making meeting on July 30.
After years of nearly complete clarity regarding policy, the Federal Reserve has had investors and economists scrambling of late.
NEW YORK— What do small business owners need to pay attention to this fall?
Beaudet Aviation said its new facility is adjacent to the Bill and Hillary Clinton National Airport and that it will supply Dassault Falcon Jet with completion work for its Falcon models. Beaudet Aviation is a subsidiary of JCB Aero.
Germany auctioned 3.34 billion euros Wednesday in two-year notes at an average yield of minus 0.07 percent. Expectation the European Central Bank will buy bonds has also driven down yields, which move opposite to prices. The European Central Bank has slashed its interest rate benchmarks in an attempt to spur growth and lift inflation.
Alibaba founder Jack Ma has touted the e-commerce giant as a path for U.S. companies to access the consumer market in China. Small business owners share their experiences.
TRENTON, N.J.— New Jersey officials are giving a break to people who have unpaid tax liabilities as the state struggles to meet revenue projections. Chris Christie has previously said he opposes using an amnesty program to get a shot of revenue.
WASHINGTON— The House passed three bills designed to highlight complaints that the IRS mistreated conservative political groups when they applied for tax-exempt status. One bill makes it illegal for IRS workers to use personal email accounts to conduct official business.
NEW YORK, Sept 17- U.S. stocks rose on Wednesday, ahead of a key statement by the Federal Reserve which is expected to provide clues on the next monetary policy move by the U.S. central bank.
BISMARCK, N.D.— North Dakota Republicans on Wednesday unveiled an $800 million one-time spending plan to address immediate problems tied to the oil boom in the western part of the state.
NEW YORK, Sept 17- U.S. stocks opened flat on Wednesday, ahead of a key statement by the Federal Reserve, which is expected to provide clues on the next monetary policy move by the U.S. central bank.
The latest government poverty report doesn't tell the whole story about what it means to be poor in America. Here's why.
NEW YORK, Sept 17- U.S. stocks were set to open little changed on Wednesday ahead of a key statement by the Federal Reserve which is expected to provide clues on the next monetary policy move by the U.S. central bank.
NEW YORK, Sept 17- U.S. stock index futures were little changed on Wednesday ahead of a key statement by the Federal Reserve which is expected to provide clues on the next monetary policy move by the U.S. central bank.
KIEV, Sept 17- Ukraine's economy should pick up next year and grow 1.0 percent, the central bank said on Wednesday, after a sharp contraction this year due mainly to the impact of the crisis in eastern Ukraine. Ukraine has already received two disbursements under a $17 billion International Monetary Fund bailout this year.
TOKYO, Sept 17- The Bank of Japan has begun paying banks for the privilege of lending them cash in a sign the central bank is reaching the limits of its power to reflate the economy, although it may soon be forced to pump yet more money into the financial system.
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