Economy

Asian shares slip as Fed, China hikes dampen sentiment

Dec 14, 2017

Asian stocks mixed after Fed rate hike; China follows with increase in short, medium-term lending rates

Bank of England set to hold rates after first hike in decade

Dec 14, 2017

The Bank of England is set to keep its main interest rate unchanged at 0.50 percent on Thursday, a month after increasing borrowing costs for the first time in a decade to contain a rise inflation stoked by last year's Brexit vote

China reacts to Fed rate hike by nudging up key policy rate

Dec 14, 2017

China's central bank has reacted to the U.S. Federal Reserve's interest rate increase by nudging up its own rate for lending to commercial banks but left rates for borrowing by companies and the public unchanged

Asian shares mixed as Fed hike gives investors few surprises

Dec 14, 2017

Asian stocks mixed after Fed rate hike, China follows with increase in short, medium-term lending rates

The Latest: China raises key policy rate after Fed's hike

Dec 14, 2017

China's central bank responds to Fed's rate hike by nudging up key policy rate on lending to commercial banks

GOP says it's got a deal on taxes; cuts coming for next year

Dec 14, 2017

GOP leaders forged agreement tax overhaul, paving the way to slash taxes for businesses and give most people tax cuts starting next year

Celebrations planned to honor San Francisco Mayor Ed Lee

Dec 14, 2017

People will be able to pay their respects to San Francisco Mayor Ed Lee on Friday as his body lies in repose at City Hall

WTO summit ends without substantial deals after US criticism

Dec 14, 2017

A World Trade Organization conference dampened from the start by criticism from the United States has ended without any substantial agreements

EPA chief jets to Morocco to help promote fossil fuel use

Dec 13, 2017

EPA Administrator Scott Pruitt flew to Morocco to help encourage the North African kingdom to import liquefied natural gas from the United States

Fed rate increase is 3rd this year; foresees 3 more in 2018

Dec 13, 2017

Fed boosts key interest rate for third time this year to range of 1.25 percent to 1.5 percent

Weather, 20 December
Houston Weather
+7

High: +11° Low: -2°

Humidity: 83%

Wind: NNE - 7 KPH

Canberra Weather
+27

High: +27° Low: +17°

Humidity: 87%

Wind: W - 20 KPH

Roissy-en-France Weather
+6

High: +6° Low: -5°

Humidity: 87%

Wind: ENE - 7 KPH

Florence Weather
+9

High: +9° Low: +6°

Humidity: 97%

Wind: ENE - 17 KPH

Parga Weather
+7

High: +16° Low: +4°

Humidity: 100%

Wind: SE - 25 KPH