Lebanese justice ministry accuses former central bank chief of financial crimes

September 6th, 20240 Lebanon's justice ministry formally accused former central bank governor Riad Salameh of financial crimes on Thursday, the state news agency and judicial sources said, echoing charges brought against him by state prosecutors when he was arrested this week. Salameh, 73, was arrested on Tuesday over alleged financial crimes, including...

Federal reserve keeps interest rate unchanged at .75 to 1 percent

May 5th, 20170 WASHINGTON, D.C. — The Federal Reserve kept interest rates unchanged on Wednesday, but downplayed weak first-quarter economic growth and emphasized the strength of the labor market, in a sign it could tighten monetary policy as early as June. In a bullish statement following the end of a two-day policy meeting, the central bank also...