The Federal Reserve’s plan to raise interest rates this year, forged over months of strong jobs growth and a seemingly durable expansion, now faces an economy that no longer follows the script and may push the “liftoff” far into the future.
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Takata doubling U.S. recall for defective air bags to 34 million vehicles
Japanese air bag manufacturer Takata Corp is doubling a recall of potentially deadly air bags to nearly 34 million vehicles, creating the largest automotive recall in American history, U.S. safety regulators said on Tuesday.
China-backed AIIB founding members to meet in Singapore this week
Founding members of the China-backed Asian Infrastructure Investment Bank (AIIB) will hold a three-day meeting in Singapore this week to discuss operational policies for the establishment of the institution.
Racing team success could be winning formula for Ferrari IPO
Ferrari's timely return to the front row of the Formula One grid bodes well for the luxury sportscar maker as it prepares to list shares and split from parent Fiat Chrysler Automobiles. (FCHA.MI) (FCAU.N)
Yahoo shares plunge on report IRS considering spin-off rule changes
Shares in Yahoo Inc (YHOO.O) fell 7.6 percent on Tuesday, as the stock sold off dramatically in the last 20 minutes of the trading day on worries that a potential change in U.S. tax regulations would affect Yahoo's expected spinoff of its stake in Alibaba Group Holding Ltd (BABA.N).
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U.S. stocks ended mixed on Tuesday, with the Dow rising marginally to a second straight record high, as Wall Street digested housing data that some saw as hopeful for an economy struggling to grow.
The Los Angeles City Council gave preliminary approval on Tuesday to raise the hourly minimum wage to $15 an hour by 2020 for companies with more than 25 employees, while giving smaller businesses an extra year to meet that benchmark
The components supply for the iPhone 6s and iPhone 6s Plus is said to be more than enough, implying that Apple could release the flagship devices as early as August. However, it is also said that the iOS 9 might not be ready until that month, holding back the release date.
Day one patch notes for The Witcher 3 were recently revealed by CD Projekt Red now that the game is officially released.
H1Z1 cheaters may have played the game for the last time after Daybreak Studios conducts a massive ban wave.
Pirates of The Caribbean 5 surpasses target budget by $70 million thanks in part to some issues that have reportedly plagued its leading man.
Castle season 8 is set to start filming after news that Stana Katic is coming back to the show was confirmed by ABC's president.
Game of Thrones is causing a stir yet again with its Black Wedding, but George R.R. Martin and Sophie Turner are coming to its defense.
The season one finale of The Flash could possibly open up a long storyline arc about time traveling that could become a central theme for the series.
