Fed awaiting evidence global chill not knocking US off track: Minutes
The US Federal Reserve thought the economy was close to warranting an interest rate hike in September but policymakers decided it was prudent to wait for evidence a global economic slowdown was not knocking America off course.
The minutes from the Sept 16 to 17 meeting released on Thursday showed the Fed’s policymaking committee was unsettled by signs of turmoil abroad but didn’t think this had “materially altered” the outlook for the economy.
“Nevertheless, in part because of the risks to the outlook for economic activity and inflation, the committee decided that it was prudent to wait for additional information,” the Fed said in the minutes.
French train attack hero stabbed in California
One of three Americans who helped thwart a terror attack on a Paris-bound train was stabbed in his home state of California – apparently after coming to a woman’s rescue, authorities said on Thursday.
Airman Spencer Stone, 23, was stabbed in Sacramento after he got into a fight with a group of men as he was leaving a bar with friends, Ken Bernard, the city’s deputy chief of police told reporters.
He said police received a call at 12.46am from a passerby who witnessed the incident.
Media magnate Rupert Murdoch says sorry for 'real black president' tweet
Powerful media magnate Rupert Murdoch apologised on Thursday after suggesting that Barack Obama was not “a real black president,” triggering outrage.
In a message posted to his @rupertmurdoch Twitter account late Wednesday, the 84-year-old owner of News Corporation had seemed to question Obama’s racial identity while comparing him unfavourably to Republican presidential candidate Ben Carson, an African American retired neurosurgeon.
“Ben and Candy Carson terrific. What about a real black President who can properly address the racial divide? And much else,” Murdoch tweeted.
Football: Klopp to be unveiled as Liverpool manager
Jurgen Klopp jetted into Liverpool on Thursday after the German agreed to become the struggling Premier League club’s new manager.
Former Borussia Dortmund boss Klopp was the first choice of Liverpool owners Fenway Sports Group to succeed Brendan Rodgers, who was sacked on Sunday with the Reds languishing in 10th place in the English top-flight.
Although Liverpool did not confirm the widespread media reports of Klopp’s appointment, they have called a press conference for “a major club announcement” at 10am local time (8pm Singapore time) on Friday when the German is expected to be officially unveiled.
Selena Gomez reveals secret chemotherapy for lupus
Teen television star turned singer Selena Gomez has revealed that she has lupus and secretly underwent chemotherapy to treat the disease.
The now 23-year-old pop star cancelled a tour of Asia and Australia in December 2013, saying she needed to spend time alone and check into a rehabilitation centre in the desert state of Arizona.
The move sparked a tabloid frenzy amid rumors she was battling addiction or was heartbroken over her breakup with Justin Bieber.