HAVANA (AP) — Bells tolled in celebration and teachers halted lessons midday as President Raul Castro told his country Wednesday that Cuba was restoring relations with the United States after more than a half-century of hostility.
The Dow jumped nearly 300 points Wednesday after the US Federal Reserve made no changes to its monetary policy, saying it can remain "patient" before moving to raise interest rates. The Dow Jones Industrial Average gained 288.00 points (1.69 percent) at 17,356.87. The broad-based S&P 500 soared 40.15 (2.04 percent) to 2,012.89, while the tech-rich Nasdaq Composite Index advanced 96.48 (2.12 percent) to 4,644.31. In the statement, the Federal Open Market Committee, the Fed's policy arm, left in place expectations that the central bank may raise interest rates only in the middle of 2015, downplaying speculation that a hike might come earlier than that because of the strength of the US economy.
PHILADELPHIA (AP) — Former Marines who served with a Pennsylvania man who killed his ex-wife and five of her relatives before he was found dead said he fought constantly with his wife during the time they knew him.