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[100] [101] In an interview with CNN, Senator King warned against ignoring the problem, saying it was a bipartisan issue. [102] Amid worries about fake news and disinformation being spread by Russia, representatives in the U.S. Congress called for more action to track and counter alleged propaganda emanating from overseas. [103]
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Over 100 people are killed by nearly three weeks of persistent heavy rainfall and flooding across Yemen, with its national weather agency declaring a severe weather alert for future "very heavy thunderstorms". Tropical Storm Ernesto. Beaches in New York City, United States are closed in anticipation of Tropical Storm Ernesto.
The Federal Open Market Committee action known as Operation Twist (named for the twist dance craze of the time [ 1]) began in 1961. The intent was to flatten the yield curve in order to promote capital inflows and strengthen the dollar. The Fed utilized open market operations to shorten the maturity of public debt in the open market.
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The Dow Jones Industrial Average closed up about 0.5%, or more than 150 points — its third-highest close ever. The S&P 500 ( ^GSPC ) also finished the day up around 0.5%, notching its best close ...
news Proposed amendment in Iraq could allow girls as young as 9 to marry After a brain procedure, Georgia hospital staff lost a piece of man's skull, lawsuit says
Federal funds rate vs unemployment rate. In the United States, the federal funds rate is the interest rate at which depository institutions (banks and credit unions) lend reserve balances to other depository institutions overnight on an uncollateralized basis. Reserve balances are amounts held at the Federal Reserve.