Fed keeps rate unchanged
The Federal Reserve on Wednesday kept its key interest rate near zero as expected and said it would end its purchase of $300 million in Treasury securities in October, one month later than previously announced. The Fed is expected to maintain the current rate of between 0 and 0.25 percent.
JetBlue offers unlimited monthly fly pass for $599
JetBlue Airways Corp. in a bid to fill up empty planes has launched a $599 fly pass promotion allowing passengers unlimited airplane rides for a month valid between September 8 and October 8.
Read complete article here.
Home prices slump a record 15.6 percent
The National Association of Realtors said on Wednesday that home prices continue to drop in more than 80 percent of urban areas in a recent survey reported lower home prices than a year ago. The median price of an existing single-family home dropped to $174,100 or 15.6 percent, the most in records dating to 1979, the Association said.