Today's Top Stories - September 16, 2014 

 

BEWARE THE BELL! U.S. stock index futures pointed to a lower start to trade on Today, as investors awaited the start of the U.S. Federal Reserve meeting later in the day More

EUROPE: European shares were slightly lower in morning trade on Tuesday with investors looking ahead to a key Federal Reserve policy meeting this week as well as a referendum on Scottish independence More

ASIA: Asian equity markets ended mostly lower on Tuesday as investors awaited the start of a U.S. Federal Reserve meeting later in the day More

OIL: Brent crude was little changed at just below $98 a barrel on Tuesday, holding gains after recovering from its lowest price in more than two years but capped by a soft global economic outlook More

Why US needs to repeal oil export ban: Hess CEO The Russia-Ukraine crisis and the turmoil in the Mideast highlight the need to repeal immediately the American ban on crude oil exports, the CEO of Hess told CNBC on Monday. It would "go a long way" to reducing energy prices and increasing jobs in the U.S., he added More

GOLD: Gold added to small overnight gains on Tuesday as investors adjusted positions ahead of a key Federal Reserve policy meeting but they refrained from placing any big bets, awaiting clues on when the U.S. central bank could raise interest rates More

As Fed looms, is gold’s $1,200 support vulnerable? Gold may drop to $1,200 an ounce, possibly breaching the key support level, thanks to a resurgent U.S. dollar and higher Treasury yields on expectations that the U.S. Federal Reserve could signal tighter policy this week More

Market reaction hinges on these two words The U.S. Federal Reserve could change the calculus for markets with just two words. More

The Fed and Alibaba Effect - The Fed meeting and Alibaba's upcoming initial public offering (IPO) are hanging over the market this week and both could influence stocks again Tuesday: Traders are awaiting Wednesday's statement, which some Fed watchers believe could signal a more hawkish tone … The Alibaba IPO, meanwhile, got even bigger Monday when underwriters raised the price range after signs of strong demand More

Why Obama, Dems are in deep trouble on economy In some alternate reality right now, Democrats are banking on a strengthening economy that is the envy of the world as a bulwark against big losses in the midterm elections in November: The fact is the economy is a major drag on Obama and the Democrats heading in the midterms More

Why the Middle Class Isn’t Buying Talk About Economic Good Times; Despite 5 years of expanding economy public opinion polling shows most Americans still think the economy is pretty miserable…What might account for the paradox? New data from a research firm offers a simple, frustrating answer: Middle-class American families’ income is lower now, when adjusted for inflation, than when the recovery began half a decade ago More

New iPhone 6 Plus pre-order shipments to be delayed by a month Many customers will have to wait three to four weeks to get their hands on Apple Inc's larger screen iPhone 6 Plus after pre-orders for Sept. 19 delivery were booked out within hours More

NFL says 3 in 10 ex-players face Alzheimer's, dementia - debilitating brain conditions, and that they will be stricken earlier and twice as often as the general population;The disclosure comes in data the league prepared for its proposed $765 million settlement of thousands of concussion lawsuits More

Tesla Motors stock dropped Monday after Morgan Stanley suggested that its shares had risen for the wrong reasons Shares in the electric car maker fell more than 9 percent by Monday afternoon, after Morgan Stanley researchers posited that they "do not expect the stock to appreciate so consistently and one-directionally from here." More

The death of the classroom as we know it Our educational system is not broken; it's fundamentally obsolete, More

America Ranks 32nd in Tax Competitiveness … Could be Worse? More

OBAMASCARE: Obama Bunch Threatens to Cut Off ObamaCare Subsidies to 360,000: Enrollees must offer proof of their income eligibility to keep their subsidies - Supposedly this was all ready on track to happen, but Obama will leave no stone unturned when it comes to giving away taxpayer money More

OBAMASCARE II: Cost of Obamacare Subsidy Will Increase 8-Fold in 10 Years, states Congressional Budget Office: At the same time, Medicaid spending will double in the first ten years of full implementation of Obamacare More


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