US Economy Likely Rebounded to Solid Growth Rate in Spring

Thursday, 30 July 2015 02:17 Written by
After a terrible winter, the economy is improving, with a solid rebound in the spring expected to be followed by stronger growth in the second half of the year. That's the view of many economists who think a steadily improving job market will give households more income to spend and boost consumer spending, which drives about 70 percent of the economy. On Thursday, the government will issue its first of three estimates of economic
Asian Stocks Higher After Fed Leaves Rates Unchanged
Thursday, 30 July 2015 01:28 Written by
Chinese stocks gained Thursday following this week's turbulence and other Asian markets rose after the U.S. Federal Reserve left interest rates unchanged at a record low. KEEPING SCORE: The Shanghai Composite Index was up 0.7 percent at 3,816.60 and Hong Kong's Hang Seng added 0.2 percent to 24,659.75. Tokyo's Nikkei 225 gained 1.1 percent to 20,522.83 while Seoul's Kospi shed 0.9 percent to 2,019.03. Sydney's S&P/ASX 200 gained 0.8 percent to 5,670.10. Taiwan, Manila,
Planned Parenthood reports second website hack in a week
Thursday, 30 July 2015 00:41 Written by
Planned Parenthood said electronic traffic to its websites was snarled by computer hackers on Wednesday in the second cyber attack mounted against the healthcare organization this week amid a controversy over alleged sales of aborted fetal tissue. Websites operated by Planned Parenthood and its political branch, Planned Parenthood Action, were clogged by a wide-scale "distributed denial-of-service," or DDoS, attack, the organization said. In such attacks, a web server is deliberately flooded with massive amounts of…
Three days, five killings and a year of pain in Baltimore
Thursday, 30 July 2015 00:41 Written by
BALTIMORE Kajuan Guinn was just 8, and recently reunited with his family after years in foster care, when his chronically ill mother died of complications from lupus. He was devastated. "He was always taking care of his mother," his sister, Ashley Terry said of Guinn, "He would empty her pan for her." Two years after his mother died, Guinn ran away, following his father's path into a world of gangs, drugs and violence on the
Asian Stocks Mixed After Fed Leaves Rates Unchanged
Thursday, 30 July 2015 00:13 Written by
Stocks posted solid gains in late-morning trading Wednesday, as Chinese shares rebounded and traders wait to hear from the Federal Reserve. Strong results from companies like Gilead Sciences also helped push shares higher. KEEPING SCORE: The Dow Jones industrial average rose 97 points, or 0.6 percent, to 17,727 as of 11:25 a.m. Eastern. The Standard & Poor's 500 index rose nine points, or 0.4 percent, to 2,101 and the Nasdaq composite rose four points,
Takeaway From Fed Meeting: Expect a Rate Increase This Year
Wednesday, 29 July 2015 23:10 Written by
Expectations have grown that sometime this year, the Federal Reserve will raise interest rates from record lows. The only question seems to be when. A statement the Fed issued Wednesday after ending its latest policy meeting provided no timetable. The central bank signaled that it wants to see further economic gains and higher inflation before raising rates. Many analysts foresee the first hike in September, though Fed Chair Janet Yellen has stressed that any
Oregon governor OKs early sales of recreational-use marijuana
Wednesday, 29 July 2015 21:17 Written by
PORTLAND, Ore. Oregon residents will be able to buy marijuana for recreational use starting in October, about a year earlier than originally expected, under a new law backers hope will help curb the black market, state officials said on Wednesday. The law, signed Monday by Democratic Governor Kate Brown, will effectively let adults visit existing medical-use marijuana dispensaries in the state to buy certain strains just to get stoned. Possessing and growing pot became legal…
California sued for failing to protect mentally disabled defendants
Wednesday, 29 July 2015 20:15 Written by
SACRAMENTO, Calif. Families who say their mentally ill and developmentally disabled loved ones endured rape and other trauma while languishing in California jails sued the state on Wednesday, saying officials failed to move them to treatment centers as required by law. The lawsuit filed on behalf of four families by the American Civil Liberties Union details brutal experiences of defendants who were declared incompetent to stand trial yet kept incarcerated in county jails, sometimes for…
Oklahoma woman arrested for downing Jell-O shots while driving bus
Wednesday, 29 July 2015 18:56 Written by
OKLAHOMA CITY An Oklahoma woman charged with downing Jell-O shots of alcohol while driving a commercial bus has been arrested for violating state traffic laws, police said on Wednesday. Tammy Jones, 53, was arrested on Saturday on a complaint of driving while impaired as she was shuttling passengers in a bus at the Illinois River near Tahlequah, a popular summer destination and a drinking spot in Oklahoma. A lawyer for Jones was not immediately available
Virginia college graduates sue Rolling Stone over rape story
Wednesday, 29 July 2015 18:05 Written by
NEW YORK Three University of Virginia graduates on Wednesday filed a defamation lawsuit in New York against Rolling Stone magazine, its publisher Wenner Media and a journalist over a now-debunked 2014 article describing a fraternity gang rape. The three men, all 2013 graduates and members of Phi Kappa Psi, the fraternity at the center of the story, claim the magazine was negligent in publishing an article entitled "A Rape on Campus" by Sabrina Rudin Erdely.…

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