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need2know: Lower open ahead

Wednesday, 29 October 2014 14:06
Local shares are poised to open lower as the Federal Reserve confirmed its positive outlook for the US economy. What you need2know: • SPI futures down 11 pts at 5418 • AUD at 87.95 US cents, 95.70 Japanese yen, 69.58 Euro cents and 54.92 Euro cents Advertisement • In late trade, S&P 500 -0.5%, Dow -0.1%, Nasdaq -0.7% • In Europe, Euro Stoxx 50 -0.5%, FTSE +0.8%, CAC flat, DAX +0.2% • Spot gold drops…
U.S. official calls Benjamin Netanyahu "chickensh*t," outrage ensues
Wednesday, 29 October 2014 13:58
An unnamed official in President Obama's administration referred to Israeli Prime Minister Benjamin Netanyahu as a "chickensh*t" in a piece published Tuesday, and Republicans are hopping mad about it. Discussing tensions between the U.S. and Israel, a senior administration official told The Atlantic's Jeffrey Goldberg, "The thing about Bibi is, he's a chickensh*t." PlayVideoFace The Nation
Bob Woodward, Carl Bernstein remember Ben Bradlee
Wednesday, 29 October 2014 13:58
October 29, 2014, 3:03 PM|At the memorial service for the late Washington Post Executive Editor Ben Bradlee, Carl Bernstein and Bob Woodward, the two reporters who broke the Watergate story while working for Bradlee at the Post, remember their former boss.
Comparing US Fed's views on jobs, bond purchases
Wednesday, 29 October 2014 13:06
A comparison of the Federal Reserve's statements from its two-day meeting that ended Wednesday and its meeting September 16-17: BOND PURCHASES: Now: The Fed "continues to see sufficient underlying strength in the broader economy to support ongoing progress toward maximum employment in a context of price stability. Accordingly, the Committee decided to conclude its asset purchase program this month." Then: The Fed "decided to make a further measured reduction in the pace of its asset…
Fake ice bucket challenge may lead to harsher penalties
Wednesday, 29 October 2014 12:58
COLUMBUS, Ohio -- A bill that would require prison time for many felony crimes against the disabled or elderly was inspired by a fake ice bucket challenge that led to charges against five teenagers, a state lawmaker said. The boys were charged with dumping a bucket of urine, water and tobacco spit on an autistic 15-year-old boy who thought he was participating in a challenge for charity. Cleveland Democratic Rep. Bill Patmon told The Northeast…
Rand Paul hits Hillary Clinton on jobs remarks
Wednesday, 29 October 2014 12:58
Sen. Rand Paul, R-Kentucky may not be ready to announce his own presidential aspirations just yet, but he's already taking aim at a likely Democratic contender, former Secretary of State Hillary Clinton. He told the crowd at an event for Kansas Republicans, "Hillary Clinton comes up and she says, 'Businesses don't create jobs.'" "Anybody here think businesses don't create jobs?" he said, according to Buzzfeed, as he referenced one of Clinton's comments from the campaign…
Pennsylvania governor narrows gap but trails in re-election bid: poll
Wednesday, 29 October 2014 11:57
By David DeKok HARRISBURG Pa. (Reuters) - Pennsylvania Governor Tom Corbett is closing in but still trails his Democratic challenger among likely voters in next week's gubernatorial election, a poll showed on Wednesday. Democrat Tom Wolf leads 53 to 40 percent over the Republican incumbent, according to the Franklin & Marshall College poll. The latest results show the gap is narrowing. A Quinnipiac University poll had Wolf with a 17-point lead in early October.
Chris Christie on potential Ebola quarantine lawsuit: "Whatever"
Wednesday, 29 October 2014 10:56
New Jersey Gov. Chris Christie is brushing off the threat of a potential lawsuit from a nurse who was quarantined after returning from West Africa with a flippant, "Whatever." "I've been sued lots of times before. Get in line. I'm happy to take it on," Christie said Tuesday while campaigning for fellow Republicans in New England. PlayVideoPolitics and Power
Jeb Bush pans Obama's "incompetent" response to Ebola
Wednesday, 29 October 2014 09:56
Former Florida Gov. Jeb Bush said Tuesday that President Obama's "incompetent" early response to the Ebola virus created a sense of fear among the American public that "may not be justified." Bush, who's mulling a presidential bid in 2016, said the president should have been more "clear and concise" about the government's handling of the virus during an appearance at Vanderbilt University, according to the Associated Press. PlayVideoUp To The Minute
Mitt Romney boosts Thom Tillis in North Carolina Senate race
Wednesday, 29 October 2014 09:56
In the closing days of his campaign, North Carolina Republican Senate candidate Thom Tillis is benefiting from some high-profile help. An ad released Wednesday by the U.S. Chamber of Commerce, the powerful business lobby, features 2012 Republican presidential candidate Mitt Romney praising Tillis and urging voters to support his candidacy. "If you want to shake up Washington, then you candidate is Thom Tillis," Romney says in the ad. "Thom will roll up his sleeves and…

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