Business

With Fed Expected to Hike, Attention Turns to What It Says

With Fed Expected to Hike, Attention Turns to What It Says

But the real anticipation revolves around how the central bank plans to respond to the political tsunami that voters have delivered with the election of Donald Trump. As a result, when the Fed updates its quarterly forecasts Wednesday , it may indicate little change from its most recent projections in September.


Teen Use of Alcohol and Drugs (Except Pot) Drops

Teen Use of Alcohol and Drugs (Except Pot) Drops

The report also found that the use of illegal drugs among students is at its lowest since 19-75. A large drop in the use of tobacco cigarettes was seen in all three grades. Among the 18- to 24-year-old group, rates are rising. This is a class of drugs that can cause a serious case of addiction. The survey began to track e-cigarettes for the first time a year ago.


Temple close to make Florida's Collins head coach

Temple close to make Florida's Collins head coach

Collins, 45, succeeds Matt Rhule, who left North Philly last week to take the same position at Baylor. "It should be", UF head coach Jim McElwain said last week. Collins will lead a program that plays in the National Football League stadium Lincoln Financial Field. The $126 million plan has generated controversy since February, when Temple's board of trustees approved a feasibility study, hired architects and tore down apartments on university land near campus.


Non-OPEC oil producers to cut output 558000 barrels a day

Non-OPEC oil producers to cut output 558000 barrels a day

Brent crude, the global benchmark for oil prices, soared to $57.89 per barrel in overnight trading between Sunday and Monday, the highest level since July 2015. The minister welcomed the agreement on the oil production reduction and hailed Russia's commitment to the deal. Russian Federation had already signalled it would provide half of that production cut in the first half of 2017.



Rail strike cripples rail services in southern England

The dispute is over a proposed expansion of Southern's driver-only train network, whereby the driver operates the train doors rather than a guard. He added: "Chris Grayling, the Secretary of State for Transport, said this strike was political, a line which has been parroted by GTR".



Venezuela shuts Colombia border to fight currency smuggling

Mr. Maduro previously has said that organised crime networks at the Colombia-Venezuela border buy up Venezuelan notes to in turn buy subsidised Venezuelan goods and sell them for vast profits in Colombia. Despite heavy printing of the 100-bolivar bills - 2.3 billion this year alone out of 6.1 billion in total - they are in short supply. The Colombian and Venezuelan border was partially closed last August and later completely closed by Maduro previous year after three Venezuelan soldiers ...