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  • Club for Growth now won't score government funding measure

    In a memo sent this morning to congressional offices and marked "urgent," the group told lawmakers it is withdrawing it's decision to score the bill because it includes language to authorize arming and training Syrian rebels against the Islamic State of Iraq and Syria.

  • Yellen: Fed balance sheet to take years to shrink

    WASHINGTON (AP) — Federal Reserve Chair Janet Yellen says "it could take until the end of the decade" to shrink the Fed's record investment portfolio to more normal levels. The Fed's response to the 2008 financial crisis has swollen its balance sheet to more than $4.4 trillion from less than $1...

  • Liberia president praises US for Ebola help pledge

    MONROVIA, Liberia (AP) — People critically ill with Ebola languishing in an ambulance for hours as paramedics seek a place for them. Treatment centers filling up as soon as they are opened. The situation is so dire in Liberia that its president welcomed a U.S. pledge to send troops and treatment...

  • Fed increases estimate for key rate at end of 2015

    WASHINGTON (AP) — Federal Reserve policymakers have slightly increased their estimate of what the Fed's benchmark interest rate should be at the end of 2015 compared with their estimate three months ago. The Fed has kept its benchmark rate at a record-low level near zero since 2008 to try to...

  • Fed signals it plans to keep key interest rate at record low for considerable period

    WASHINGTON (AP) — Fed signals it plans to keep key interest rate at record low for considerable period.

  • FedEx to add 50,000 seasonal jobs

    DALLAS (AP) — Growth in online shopping is boosting profit at FedEx, and the company plans to hire more than 50,000 extra workers to handle what is shaping up as another record year for holiday-season package deliveries. That's up from about 40,000 temporary holiday workers hired last year....

  • Suicide bombers kill 15 at north Nigerian college

    KANO, Nigeria (AP) — Two suicide bombers killed at least 15 students Wednesday at a government college in Nigeria's northern city of Kano, police and emergency officials said. Four men in a tricycle taxi drove up to the Federal College of Education Kano and opened fire when security guards...

  • Nike suspends deal with Adrian Peterson

    BEAVERTON, Ore. (AP) — Nike has suspended its sponsorship deal with Minnesota Vikings running back Adrian Peterson following child abuse allegations. The Beaverton-based shoemaker issued a statement Wednesday morning that said Nike "in no way condones child abuse or domestic violence of any...

  • US stocks rise at midday ahead of Fed statement

    NEW YORK (AP) — U.S. stocks are rising in midday trading ahead of a Federal Reserve announcement that might signal when the central bank will raise interest rates. The Fed releases its statement at 2 p.m. Eastern time Wednesday. The Standard & Poor's 500 index rose one point to 2,000 as 12:08...

  • US homebuilder confidence soars in September

    U.S. homebuilders' confidence in the market for new, single-family homes surged this month to the highest level in nearly nine years. The brighter outlook reflects growing optimism that sales will increase over the next six months. That could potentially spur growth in home construction, a key...

  • US stocks rise slightly in opening trade

    NEW YORK (AP) — U.S. stocks are rising slightly in early trading, ahead of a Federal Reserve announcement this afternoon that might signal when the central bank will raise interest rates. The Dow Jones industrial average rose 15 points, or 0.1 percent, to 17,146. The Standard & Poor's 500 index...

  • Liberian president says she hopes promised US anti-Ebola aid spurs world into further action

    MONROVIA, Liberia (AP) — Liberian president says she hopes promised US anti-Ebola aid spurs world into further action.

  • US current account deficit dips to $98.5 billion

    WASHINGTON (AP) — The U.S. current account trade deficit narrowed slightly in the April-June quarter, reflecting gains in exports of oil and civilian aircraft and a bigger surplus in Americans' overseas investment earnings. The deficit in the current account shrank to $98.5 billion in the...

  • Bangladesh court reduces sentence of Islamist

    DHAKA, Bangladesh (AP) — Bangladesh's Supreme Court commuted on Wednesday the death sentence of an Islamist political leader whose conviction last year for war crimes during the nation's 1971 war for independence sparked deadly protests. Delwar Hossain Sayedee, one of the top leaders of...

  • US consumer prices fall 0.2 percent in August

    WASHINGTON (AP) — U.S. consumer prices edged down in August, the first monthly drop since the spring of 2013, as gasoline, airline tickets and clothing prices all fell. It was the latest evidence that inflation remains under control. Consumer prices edged down 0.2 percent last month following a...



From the Weekly Standard