image SYDNEY/WELLINGTON: The Australian and New Zealand dollars regained some ground on Wednesday on speculation the US Federal Reserve would maintain a pledge on low rates when a two-day policy meeting ends later in the session.
Sears Holdings Co. stock fell by 9.4 percent on Tuesday following news that its chairman and CEO will be providing the company with a $400 million loan.
WASHINGTON (Reuters) - The U.S. Federal Reserve on Wednesday could offer fresh clues on when it plans to begin lifting interest rates and how quickly it will move, as it prepares for a momentous policy turn after years of aggressive monetary stimulus.
The nation's poverty rate dropped for the first time in seven years, an announcement that comes as new poverty data for the Erie region will be released later this week.
Most older Americans begin taking Social Security benefits before they reach what the Social Security Administration defines as full retirement age.