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| [$$] GDP Doesn't Freeze Fed With Fear Wednesday, Apr 30, 2014 09:10 PM PDT Stalled economic growth in the first quarter reflected winter weather but still isn't a healthy sign. The Fed isn't likely to shift tack, however. Full Story | Top |
| Hundreds rescued from floodwaters in Fla., Ala. Wednesday, Apr 30, 2014 06:01 PM PDT PENSACOLA BEACH, Fla. (AP) — People were plucked off rooftops or climbed into their attics to get away from fast-rising waters when nearly 2 feet of rain fell on the Florida Panhandle and Alabama coast in the span of about 24 hours, the latest bout of severe weather that began with tornadoes in the Midwest. Full Story | Top |
| Thursday Weather Forecast: Bring on the heat Wednesday, Apr 30, 2014 04:18 PM PDT Full Story | Top |
| Southern California wildfire forces evacuations Wednesday, Apr 30, 2014 03:28 PM PDT | Top |
| U.S. Gulf Coast hit by flooding after 24 hours non-stop rain Wednesday, Apr 30, 2014 03:25 PM PDT | Top |
| 21-Year-Old Student-Athlete Sacrifices Self To Save Girlfriend In Alabama Tornado Wednesday, Apr 30, 2014 03:02 PM PDT | Top |
| Long Beach Sets Heat Record Today Wednesday, Apr 30, 2014 02:56 PM PDT | Top |
| Shrugging off Q1 stall, Fed keeps tapering stimulus Wednesday, Apr 30, 2014 01:43 PM PDT The US economy nearly froze in the glacial first quarter but emerging signs of vigor kept the Federal Reserve on its stimulus taper track Wednesday. The Fed shrugged off the shockingly weak 0.1 percent annual growth rate of the past quarter reported earlier in the day by the Commerce Department. The Federal Open Market Committee, led by Fed Chair Janet Yellen, concluded after a two-day meeting that the economy remains in fairly good shape, able to handle the ongoing cutback in its bond-buying stimulus program, but still in need of a near-zero interest rate. Economic activity "has picked up recently after having slowed sharply during the winter in part because of adverse weather conditions," the FOMC said in its policy statement. Full Story | Top |
| Flood Warning Issued for Schuylkill in Norristown Wednesday, Apr 30, 2014 01:43 PM PDT | Top |
| Dow closes at all-time high after US Fed decision Wednesday, Apr 30, 2014 01:32 PM PDT The Dow Jones Industrial Average Wednesday closed at a new record after the Federal Reserve said the US economy was picking up following a winter slowdown. The Dow advanced 45.47 points (0.27 percent) to 16,580.84 to notch its first all-time high of 2014. The S&P 500 rose 5.62 (0.30 percent) to 1,883.95, while the tech-rich Nasdaq Composite Index added 11.01 (0.27 percent) at 4,114.56. The Fed, concluding a two-day policy meeting, said economic activity "has picked up recently after having slowed sharply during the winter in part because of adverse weather conditions." Full Story | Top |
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