The Latest: Stocks ending lower after Fed rate hike

WASHINGTON (AP)(STL.News) — The Latest on the Federal Reserve’s monetary policy meeting (all times local): ___ 4:00 p.m. Stocks are ending lower after the Federal Reserve raised a key interest rate as expected. But it also increased its forecast for how many rate hikes it expected to make in 2017, which wasn’t widely anticipated. The … Continue reading The Latest: Stocks ending lower after Fed rate hike

The Latest: Dems say GSA says Trump must divest from hotel

Trump must divest from hotel according to GSA WASHINGTON (AP)(STL.News) — The Latest on Donald Trump’s transition to the presidency. (All times EST): 8:10 a.m. Democrats on the House oversight committee say a government administrator told them that Donald Trump must divest himself of all financial interests in his Washington hotel or be in breach … Continue reading The Latest: Dems say GSA says Trump must divest from hotel

The Latest: Fed forecasts set to be the market focus

WASHINGTON (AP)(STL.News) — The Latest on the Federal Reserve’s monetary policy meeting (all times local): 7:35 a.m. U.S. shares are set to open flat as traders await the outcome of the Federal Reserve’s final policy meeting of the year. With financial markets pricing in a quarter-point rate hike as a near-certainty, more interest will focus … Continue reading The Latest: Fed forecasts set to be the market focus

Uber self-driving cars hit the streets of San Francisco

Uber self-driving cars hit the streets of San Francisco SAN FRANCISCO (AP)(STL.News) — Uber is bringing a small number of self-driving cars to its ride-hailing service in San Francisco — a move likely to excite the city’s tech-savvy population and certain to antagonize California regulators. The Wednesday launch in Uber’s hometown expands a public pilot … Continue reading Uber self-driving cars hit the streets of San Francisco

Fed expected to raise rates for first time in a year

Rate increase is expected by the Fed WASHINGTON (AP)(STL.News) The Federal Reserve is expected to raise its key interest rate for the first time in a year when its policy meeting ends Wednesday. The move would lift the rate by a quarter point to a range between 0.5 percent and 0.75 percent, likely nudging up … Continue reading Fed expected to raise rates for first time in a year

Perry would bring oil industry ties to Energy Department

WASHINGTON (AP)(STL.News) — Former Gov. Rick Perry has close ties to the Texas oil industry. President-elect Donald Trump’s pick for Energy secretary also has roles in two companies pushing for the proposed 1,200-mile crude oil pipeline that has stoked mass protests in North Dakota. Perry is currently board director at Energy Transfer Partners LP and … Continue reading Perry would bring oil industry ties to Energy Department

St. Louis Splendor: an adult coloring book

St. Louis, MO/December 14, 2016 (STL.News) With age comes wisdom – right?  But, if there’s one lesson we’re learning from the kiddos, it’s that coloring is fun! Artist, Jo Ann Kargus, has tapped into this recent trend with her book, “St. Louis Splendor: An Adult Coloring Book”.  Her hand drawn images in black and white … Continue reading St. Louis Splendor: an adult coloring book

Asian stocks mostly higher ahead of Fed’s rate decision

SEOUL, South Korea (AP)(STL.News) — Asian stock markets were mostly higher on Wednesday ahead of the Federal Reserve’s decision on interest rates. The Fed was widely expected to announce later in the day an increase in the key policy rate for the first time in a year. KEEPING SCORE: Japan’s Nikkei 225 finished nearly unchanged … Continue reading Asian stocks mostly higher ahead of Fed’s rate decision