WASHINGTON (Reuters) - The Federal Reserve on Wednesday offered a strong signal that it was on track to raise interest rates sometime next year, altering a pledge to keep rates near zero for a "considerable time" in a show of confidence in the U.S.
SYDNEY (Reuters) - Asian share markets rallied on Thursday after U.S. stocks enjoyed their strongest session this year when the Federal Reserve sounded upbeat on the economy and promised to be patient in removing policy stimulus.
WASHINGTON (Reuters) - U.S. consumer prices recorded their biggest drop in nearly six years in November as gasoline prices tumbled, but did little to change views the Federal Reserve would start raising interest rates in mid-2015.
THOMPSON, N.Y. - Residents of a faded corner of New York's Catskills Mountains are celebrating the recommendation to license a casino here in the heart of the once-bustling �Borscht Belt� resort region.
The local sharemarket rose strongly on the back of an overnight surge in US stocks, withstanding an afternoon fade-out that erased some of the day's gains.