Fed cuts key rate by a quarter-point - Newsday

Fed cuts key rate by a quarter-point - Newsday
WASHINGTON - The Federal Reserve cut a key interest rate by a quarter-point Wednesday, a smaller move than the aggressive easing it undertook earlier this year. There were signs the Fed may believe it has done enough to prevent a deep recession. The Fed action, after a two-day meeting, pushed the

Texas officials looking at possible abuse among FLDS boys - Newsday
AUSTIN, Texas - Texas officials told legislators Wednesday that they're investigating the possible sexual abuse of some young boys taken from a polygamist sect's ranch, as well as broken bones among other children. The disclosures are the first suggestions that anyone other than teenage girls may

Stocks dip with investors flummoxed over Fed - Newsday
NEW YORK - Wall Street gave up sharp gains and closed lower Wednesday after the Federal Reserve cut interest rates by a quarter point but left investors guessing about the central bank's next move. The Dow Jones industrial average, momentarily soaring above 13,000 for the first time since early

Rangers forward Sean Avery hospitalized - International Herald Tribune
NEW YORK : New York Rangers forward Sean Avery has been hospitalized after lacerating his spleen during a playoff loss to the Pittsburgh Penguins. In a statement Wednesday, the team said the noted agitator was taken to St. Vincent's Medical Center after New York's 5-3 loss Tuesday night and was

US drug agency warns Merck to clean up violations at plant that makes vaccines for children - International Herald Tribune
TRENTON, New Jersey : The Food and Drug Administration has ordered Merck & Co. to correct numerous manufacturing deficiencies at its main vaccine plant, the latest in a string of setbacks for the drugmaker. The agency on Wednesday released a warning letter sent to Merck's chief executive, Richard T