Business


Fed raises interest rates

Members of the policymaking Federal Open Market Committee chose to raise the target for the federal funds rate by a quarter point, despite recent inflation numbers sitting below the Fed's two percent target. YUKI NOGUCHI, BYLINE: Today marked the fourth time the Fed has raised interest rates since December of 2015 when it deemed the economy finally healthy enough to withstand an interest rate higher than near-zero.


Mexico beats Honduras 3-0, closes in on World Cup berth

Mexico beats Honduras 3-0, closes in on World Cup berth

The top three advance to next year's World Cup in Russian Federation, and the fourth-place team faces Asia's No. 5 nation in a playoff. El Tri leads the North and Central American and Caribbean region with four wins and a draw at the halfway point and with a victory could pretty much make certain a seventh straight World Cup berth.



Independent Advisor Alliance Increases Position in VEREIT Inc. (VER)

Independent Advisor Alliance's holdings in VEREIT were worth $216,000 as of its most recent filing with the SEC. Vereit Inc (NYSE:VER) has a current consensus EPS estimate for the quarter of $0.18 based on Street analyst predictions. During the same quarter a year ago, the business posted $0.21 EPS. On average, equities research analysts forecast that Vereit will post ($0.02) EPS for the current year.


Box Drive Lets Users Access Cloud Files From Their Desktop

Box Drive Lets Users Access Cloud Files From Their Desktop

Box says that you can save millions by replacing your network file shares. "With Box Drive, enterprises can accelerate their move to the cloud, enhance security , and significantly reduce IT costs". It further highlights the enterprise-grade features of its service. Box Drive supports HIPAA, FINRA, and FedRAMP compliance, while also offering data retention rules and other security tools as well, the post said.


London tower block search 'could take weeks'

London tower block search 'could take weeks'

British Prime Minister Theresa May said she was "deeply saddened" by the loss of life in the fire. The fire was so sprawling that a heavy deployment 40 fire engines and 200 firefighters had to be made at the spot. The organization has spent 10 million pounds ($12.8 million) refurbishing the building over the past two years. "We need to deal with this; we need people to be safe living in high rise buildings", Corbyn said.