The Federal Reserve said it would initiate in October its long-telegraphed plan to shrink the portfolio of bonds acquired after the 2008 crisis and left open the possibility of raising short-term interest rates by December.
Mayors should think twice before writing a big check to bid for Amazon.com’s second headquarters, because the playing field between cities and companies has changed, Greg Ip writes.
Beijing has set a goal of collecting and analyzing the genetic data from at least 1 million Chinese citizens to help unearth the causes of diseases from cancer to schizophrenia, and pave the way for targeted treatments.
Prosecutors requested a prison sentence of 21 to 27 months for former Democratic Rep. Anthony Weiner, arguing the conduct to which he has pleaded guilty amounts to more than “merely a ‘sexting’ case.”
Hackers roamed undetected in Equifax’s computer network for more than four months before its security team uncovered the massive data breach, a security firm said in a confidential note Equifax sent to some of its customers.