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Decision On Defense Furloughs To Come Today

WASHINGTON (AP) — A decision could be announced as early as today that the Defense Department is...

Russia, USA, and Iran On The Same Olympic Page

UNDATED (AP) — Russia, Iran and the United States unified? They are, at least where wrestling as an...

Four Year Old Survives Shooting

OTHELLO, Wash. (AP) — Authorities say a bullet fragment got lodged in a 4-year-old child's head...

Oregon Legislature To Extend Tax On Hospitals & Nursing Homes

SALEM, Ore. (AP) — The Legislature is nearing a vote on extending a tax on hospitals and nursing...

New Drones For Oregon National Guard

PENDLETON, Ore. (AP) — The Oregon National Guard will be showing off four new drones that are based...

Bangladesh Garment Factor Search Is Over

DHAKA, Bangladesh (AP) — The search for bodies in the rubble of a collapsed garment factory...

Castro Brothers Shocked Over Other Brother's Alleged Actions

CLEVELAND (AP) — There's no love for their sibling from two brothers of the Cleveland man accused...

OJ Has New Legal Team

LAS VEGAS (AP) — Former football star O.J. Simpson will have a new offensive line when he heads...

New WA Legislative Session

OLYMPIA, Wash. (AP) — Washington lawmakers return to the Capitol today for a special legislative...

Boston Marathon - Vigil

Hundreds gather for vigil on Boston Common

Obama - Marathon

Obama to attend interfaith service in Boston on Thursday

Boston Marathon - Saudi Arabia

Saudi king condemns Boston Marathon bombings

Boston Marathon - Egypt

Egypt's Muslim Brotherhood condemns Boston blasts

Obit - George Beverly Shea

George Beverly Shea, who sang at Billy Graham crusades for decades, dies at 104

Young Evangelicals - Gay Marriage

Young Christians face hostile peers on marriage issue

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< Japan and Russian Join Nuclear Resolution Against Iran
Sep 12, 2012 05:21
Category: General News

Fed Starts Two Day Meeting; Speculation Ensues

WASHINGTON (AP) — The Federal Reserve begins a two-day meeting today amid anticipation by investors that action is coming to spur the economy. It could take the form of a third round of bond purchases meant to ease long-term interest rates and spur borrowing and spending. It's called "quantitative easing" or QE.

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