Originally published on Wed December 18, 2013 6:31 pm
(This post was last updated at 3:50 p.m. ET)
Citing an improving economy, the Federal Reserve announced Wednesday that it would begin gradually paring back an $85 billion-a-month bond-buying program aimed at stimulating growth.
The move was seen as a tentative vote of confidence and comes amid an improving jobs picture and other positive signs as the U.S. continues struggles to emerge from the worst downturn since the Great Depression.
Originally published on Wed December 18, 2013 1:34 pm
China has confirmed that one of its warships — reportedly the newly deployed aircraft carrier Liaoning — had an "encounter" with a U.S. guided missile cruiser in the South China Sea earlier this month.
If you're lucky enough to be heading down to the Caribbean this winter for snorkeling, daiquiris and a kick of vitamin D, you should probably think about packing long-sleeve shirts and bug repellent — especially if you'll be spending time on the island of St. Martin.
Originally published on Wed December 18, 2013 12:01 pm
The first of four current or former BP employees charged with crimes related to the 2010 Gulf oil spill has been found guilty of obstructing justice because he deleted text messages from his cellphone that contained information about the worst offshore spill in the nation's history.
NPR's Debbie Elliott tells our Newscast Desk that a federal jury in New Orleans convicted 52-year-old Kurt Mix on Wednesday.