Washington

One killed, five injured in shooting in US: police

1:49 pm September 20, 2019

Washington: At least one person was killed and five others were injured in a shooting on streets close to the White House, police said. The shooting took place at Columbia Heights, about three km from the White House, in Northwest Washington at around 10:06 pm on Thursday, police was quoted as saying by the NBC […]

Heavy rains wreak havoc in Houston ahead of “Howdy Modi” mega event

1:30 pm September 20, 2019

Houston: The stage is all set for the mega “Howdy Modi” event where US President Donald Trump will join Prime Minister Narendra Modi who will address over 50,000 Indian-Americans, but the torrential rains triggered by a tropical storm have wreaked havoc in Houston, prompting the governor to declare an emergency in several parts of the […]

Trump hints at some announcement at ‘Howdy Modi’ event in Houston

9:31 pm September 19, 2019

Washington: US President Donald Trump has hinted that there “could be” some announcement by him at the mega “Howdy Modi!” event in Houston on Sunday, where he would join Prime Minister Narendra Modi in addressing the 50,000-strong Indian diaspora. The White House on Monday announced that Trump would join Modi at the mega Houston rally […]

Here’s how Fed’s rate cut may play out for you

1:59 am September 19, 2019

WASHINGTON: The Federal Reserve has cut its benchmark interest rate again, big news for the U.S. economy but something that will likely have a muted impact on Americans’ personal finances, experts say. That’s because the reduction doesn’t offset the increases of recent years. And as the key rate creeps closer to zero, financial institutions are […]

Sharply divided Fed reduces rates but may not cut again this year

1:52 am September 19, 2019

WASHINGTON: A sharply divided Federal Reserve cut its benchmark interest rate Wednesday for a second time this year but declined to signal that further rate cuts are likely this year. The Fed’s move reduced its key short-term rate — which influences many consumer and business loans — by an additional quarter-point to a range of […]