August 20, 2014
Mohenjo
Human Interest
$139.8 billion annually, aging of the rural population, amazon, America, American, American life, business, Business News, Disappearing Volunteer Firefighter, Federal, Firefighter, Hotels, human-rights, local governments, local officials, medicine, mental-health, National Fire Protection Association, ranks of volunteers are dwindling, research, rural population, Science, Science News, state, technology, Technology News, travel, Urbanization, vacation, volunteer, Volunteer Firefighter, volunteers
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IN most places in America, when a fire breaks out, a volunteer shows up to put it out.
But the ranks of volunteers are dwindling. What was once an iconic part of American life is losing its allure, in part because the work — some would say the calling — is a lot less fun than it used to be.
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Kelly Hertz/Yankton Press & Dakotan via Associated Press
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September 21, 2013
Mohenjo
Political
amazon, asset purchases, bond markets, bonds, business, Business News, buying bonds, central bank's economic stimulus, daily finance, economic stimulus, economy, Federal, Federal Reserve, financial markets, fiscal policy, Hotels, real-estate, research, Reserve, s central, Science, Science News, technology, Technology News, travel, U.S., U.S. central bank, U.S. economy, U.S. Federal Reserve, U.S. Politics, vacation
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The U.S. Federal Reserve said Wednesday that it would continue buying bonds at an $85 billion monthly pace for now, expressing concerns that a sharp rise in borrowing costs in recent months could weigh on the economy.
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The decision surprised financial markets that were braced for a reduction in the central bank’s economic stimulus.
Citing strains in the economy from tight fiscal policy and higher mortgage rates, the Fed decided against a tapering of asset purchases that investors had all but priced into stock and bond markets.
“The tightening of financial conditions observed in recent months, if sustained, could slow the pace of improvement in the economy and labor market,” the U.S. central bank said in a statement explaining its decision.
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