The Federal Reserve is signaling that it plans to keep a key interest rate at a record low for a considerable period because a broad range of U.S. economic measures remain subpar.
The Fed says it plans to keep its benchmark rate near zero as long as inflation remains under control, until it sees consistent gains in wage growth, long-term unemployment and other gauges of the job market.
Additionally, the Federal Reserve announced that it will stop buying bonds to prop up the US economy.
Israel Horovitz has written over 70 plays. He’s had some 50 of them produced in France, which bestowed on him its Commander of the Order of Arts and Letters.
Now he’s directed his first feature film, “My Old Lady” based on his 2002 play. “My Old Lady” tells the story of Mathias, played by Kevin Kline, a down on his luck New Yorker who inherits an apartment in Paris from his father.
The images of combat vehicles rolling in to confront demonstrators in Ferguson, Missouri, after the shooting of unarmed black teenager Michael Brown, provoked national debate over police departments receiving military equipment.
Since 2006, the Pentagon’s Excess Property Program has supplied police departments with almost 80,000 assault rifles, more than 600 armored vehicles, and hundreds of millions of dollars-worth of other equipment.
It seemed like just a normal, busy shopping day on September 21, 2013 at the West Gate Mall in Nairobi, Kenya.
Everything suddenly changed when four men from the terrorist group Al Shabab attacked the mall with high-powered weapons. The attack went on for hours and more than 60 people were killed. Nearly all of the carnage was captured on security cameras.
Residents and tourists hunkered down in shelters and hotel conference rooms overnight as a powerful and sprawling Hurricane Odile made landfall on the southern Baja California peninsula.
The area is home to gleaming megaresorts, tiny fishing communities and low-lying neighborhoods of flimsy homes. Forecasters predicted a dangerous storm surge with large waves as well as drenching rains capable of causing landslides and flash floods.