RefBan

Referral Banners

Yashi

Wednesday, September 17, 2014

Source: Joan Rivers' Doc Took Selfie During Surgery (Newser Happy Hour 6-pack)

Newser Alert
The day's six most popular stories, in time to unwind.


Source: Joan Rivers' Doc Took Selfie During Surgery

Source: Joan Rivers' Doc Took Selfie During Surgery

(Newser) - Joan Rivers' personal doctor not only performed an unplanned biopsy during a routine procedure—the ear, nose, and throat specialist snapped a "selfie" with the star while she was unconscious, a source close to the investigation tells CNN . The cardiac arrest that led to her death happened during the... More  »

 
Divers Find Ghost Ships Near San Francisco

Divers Find Ghost Ships Near San Francisco

(Newser) - Researchers with the National Oceanic and Atmospheric Administration just spent five days uncovering three historic shipwrecks dating back to the decades following the Gold Rush. More than 300 ships are thought to have wrecked in the Gulf of the Farallones National Marine Sanctuary, which spans 1,300 square miles off... More  »

 
Man Ordered to Pay $5K for Taking Woman's Virginity

Man Ordered to Pay $5K for Taking Woman's Virginity

(Newser) - A Chinese woman's virginity is worth $5,000, at least in this instance. A woman referred to only by her surname Chen was awarded that amount yesterday by a Chinese court after she sued a man she was dating (and later learned was married) for "violating her right... More  »

 
Bones Reveal Brutal Truth of Richard III's Death

Bones Reveal Brutal Truth of Richard III's Death

(Newser) - He wasn't a hunchback , he had a bad case of roundworms , and his final moments were brutal ones: The life and, more specifically, death of England's King Richard III has come into sharper focus following the most recent research on his skeletal remains. A forensic imaging team used... More  »

 
Guy Re-enacts Tombstone Stunt, Kills Sister

Guy Re-enacts Tombstone Stunt, Kills Sister

(Newser) - Some things are best left to the experts—or Hollywood stuntmen. A Florida man learned this the hard way when he attempted to re-enact an elaborate gunplay scene from the 1993 movie Tombstone and dropped his gun; it fired, the stray bullet struck his sister Renee Chaires in the neck,... More  »

 
39 Years After Sisters Vanish, Property Searched

39 Years After Sisters Vanish, Property Searched

(Newser) - Sheila Lyon, 12, and her 10-year-old sister, Katherine, disappeared almost 40 years ago while walking to a shopping mall near their Maryland home. The case went cold until earlier this year, when a former carnival worker, Lloyd Lee Welch, was named a person of interest in their 1975 disappearance—and... More  »

 

Become a fan of Newser on FacebookFollow Newser on TwitterStumble Newser on StumbleUpon

Unsubscribe or change your alert settings.

Newser, LLC
222 N. Columbus Dr.
Unit D
Chicago, IL 60601

Suggestions and feedback are welcome at feedback@newser.com

DOLLAR RALLIES AFTER THE FED: Here's What You Need To Know

   MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE
 
 
Closing Bell
 

September 17, 2014

Advertisement

The US dollar rallied and stocks finished little changed on Wednesday after the Federal Reserve made its latest monetary policy announcement. The Fed took another $10 billion off its QE program and kept interest rates pegged near 0, while also saying it still sees there being "considerable time" between the end of QE and the first interest rate hike.

First, the scoreboard:

  • Dow: 17,156.85, +24.9, (+0.1%)
  • S&P 500: 2,001.57, +2.6, (+0.1%)
  • Nasdaq: 4,562.19, +9.4, (+0.2%)

And now, the top stories on Wednesday:

1. The biggest story on Wednesday was the Federal Reserve's latest monetary policy announcement. The Fed took another $10 billion off its QE program and kept interest rates pegged at 0%-0.25%. The Fed also kept two key pieces of language in its policy statement. The Fed said that, "The Committee continues to anticipate, based on its assessment of these factors, that it likely will be appropriate to maintain the current target range for the federal funds rate for a considerable time after the asset purchase program ends." The Fed also said it still sees "significant underutilization" of labor market resources.

2. In her press conference following the policy announcement, Yellen was pressed numerous times on what, exactly, "considerable time," means. Yellen was reluctant to answer this, stressing that the Fed's first move on interest rates will remain data dependent and is not on a preset or calendar-based course. Yellen also said that she expects the labor force participation rate to continue to fall, but emphasized that this was her personal view. 

3. The Fed also released its latest Summary of Economic Projections, which included the FOMC's updated GDP, inflation, and interest rates. This included the Fed's latest dot plot, which shows FOMC expectations for interest rates. Following this release, Peter Tchir at Brean Capital said that the dots showed interest rate expectations for the end of next year increased slightly from the June projections. Real GDP expectations were also modestly lower than in June's release. 

4. During Yellen's press conference, both the Dow and S&P 500 hit new all-time highs, but came off these levels into the close. The dollar also strengthened after the FOMC statement and Yellen's press conference, with the dollar making a new high against the Japanese yen, trading at higher than the ¥108 level. The dollar was volatile after the Fed's announcement and during Yellen's press conference, but strengthened against all major currencies into the close of US trade. 

5. Earlier on Wednesday, inflation data from the consumer price index showed prices fell 0.2% in August. Expectations were for prices to remain flat, and this report marks the first decline in prices since April 2013. In its release, the BLS said, "While the shelter index increased and the indexes for new vehicles and for alcoholic beverages also rose, these advances were offset by declines in several indexes, including airline fares, recreation, household furnishings and operations, apparel, and used cars and trucks." On a year-over-year basis, CPI grew 1.7%, less than the 1.9% that was expected. 

6. Falling prices is certainly not what central banks want to see, but Business Insider's Joe Weisenthal did offer another way to look at the decrease in prices: Americans just got a raise

7. The vote on Scotland's Independence Referendum is set for Thursday, and polls Tuesday showed "No" votes leading "Yes" votes by a margin of 52-48. Two polls released on Wednesday, however, showed this margin favoring "No" by a margin of just 51-49. We'll have full coverage of the Scottish vote on Thursday. 

Don't Miss: CNBC Anchor Calls Out Fed-Hater Bill Fleckenstein In Startling Shouting Match »

Share the latest business news with your network:

Facebook Share Twitter Share Email Share
Email sent to: dwyld.kwu.2wm8d4lq0e7c@blogger.com   |   Manage your email preferences   |   Unsubscribe

Terms of Service   |   Privacy Policy

Business Insider. 150 Fifth Avenue, 8th fl, NYC 10011
Sailthru

THE SOCIAL-COMMERCE REPORT: Social Networks Are Driving More Online Sales And Influencing Offline Purchases

  MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE
 
 
Business Insider Select
 
September 17, 2014
THE SOCIAL-COMMERCE REPORT: Social Networks Are Driving More Online Sales And Influencing Offline Purchases THE SOCIAL-COMMERCE REPORT: Social Networks Are Driving More Online Sales And Influencing Offline Purchases

Social commerce sales grew at three times the rate of e-commerce sales last year.
Read»
Share this story: Facebook Share Twitter Share Email Share
How To Create Custom Functions In Excel
How To Create Custom Functions In Excel
VIDEO: Impress all your friends.  Read»
Share this story: Facebook Share Twitter Share Email Share
The Real Story Behind Annuities
The Real Story Behind Annuities
You might want to rethink that retirement plan. [Sponsor content brought to you by Fisher Investments.]  Read»
Share this story: Facebook Share Twitter Share Email Share
THE MOBILE AND ONLINE BANKING REPORT: Mobile Is Pulling Customers Away From Branches And Online Banking
THE MOBILE AND ONLINE BANKING REPORT: Mobile Is Pulling Customers Away From Branches And Online Banking
Globally, only 14% of banking customers visit a bricks-and-mortar branch once a week or more.   Read»
Share this story: Facebook Share Twitter Share Email Share
The Microsoft Engine That Nailed The World Cup Is Predicting Every NFL Game — Here Are Its Picks For Week 3
Microsoft's Cortana — the virtual assistant that correctly predicted...  Read»
The Discovery Of Mexico's First Coca Plantation Could Upend The Cocaine Business
Last week marked a troubling first in the long and sordid history...  Read»
This Chart Shows How An Insane Number Of Americans Die From Drugs Or Alcohol-Related Causes Every Year
An interactive chart from Withdrawal.net shows just how deadly drugs and...  Read»
Advertisement
The 10 Most Important Things In The World Right Now
The 10 Most Important Things In The World Right Now
Hello! Here's what people will be chatting about on Wednesday.  1....  Read»
Share this story: Facebook Share Twitter Share Email Share
Top US General Says Half Of Iraq's Army Is Basically Useless Against ISIS
Top US General Says Half Of Iraq's Army Is Basically Useless Against ISIS
Several years and $25 billion later, Chairman of the Joint Chiefs...  Read»
Share this story: Facebook Share Twitter Share Email Share
Chinese Military Professor: Maritime Disputes Will Lead To World War III
Chinese Military Professor: Maritime Disputes Will Lead To World War III
A professor at one of China's military universities, the People's...  Read»
Share this story: Facebook Share Twitter Share Email Share
Less Than 24 Hours Before Scotland's Historic Vote, People Are Afraid, Frustrated, And Impatient
Less Than 24 Hours Before Scotland's Historic Vote, People Are Afraid, Frustrated, And Impatient
On the eve of the Scottish independence vote the mood in Edinburgh is a...  Read»
Share this story: Facebook Share Twitter Share Email Share


See Also
It's Going To Be Even Easier To Save Stories For Reading Later On The iPhone Thanks To iOS 8
It's Going To Be Even Easier To Save Stories For Reading Later On The iPhone Thanks To iOS 8
Pocket is a great app for when you see something you'd like to save for...
  Read»  
The Kiwi Goes Bananas
The Kiwi Goes Bananas
Steven Koukolous tweeted yesterday that Aussie dollars falls are never...
  Read»  
Watch Out For These Hidden Costs Of A New Job
Watch Out For These Hidden Costs Of A New Job
If you've accepted a new job, you're probably thinking about...
  Read»  
Here's How Bad Ebola Has Gotten In West Africa
Here's How Bad Ebola Has Gotten In West Africa
The US today announced that it would send 3,000 troops to help...
  Read»  


Share: Facebook Share Twitter Share Email Share


Share: Facebook Share Twitter Share Email Share


Share: Facebook Share Twitter Share Email Share


Share: Facebook Share Twitter Share Email Share


Share this:

Facebook Share Twitter Share Email Share
Email sent to: dwyld.kwu.2wm8d4lq0e7c@blogger.com   |   Manage your email preferences   |   Unsubscribe

Terms of Service   |   Privacy Policy

Business Insider. 150 Fifth Avenue, New York, NY 10011
Sailthru

Yashi

Chitika