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Boeing 737 MAX jet successfully completes first flight

January 29, 2016 by · Leave a Comment 

The plane is the fourth version of the original 737, which made its first flight in 1967 and has become one of Boeing's most profitable aircraft. The 737 MAX features new engines from CFM International, a joint venture of General Electric and Safran SA of France , and other refinements that improve fuel efficiency by 14 percent compared with…

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Boeing 737 MAX jet successfully completes first flight

official-said

Fed is clearly on a path of returning rates to normal: Williams

January 29, 2016 by · Leave a Comment 

The Federal Reserve is clearly on a path of returning interest rates to a normal level of 3 percent to 3.5 percent over the next few years, a top Federal Reserve official said on Friday. Raising rates in December was the right thing to do, given the improvement in the labor market, San Francisco Federal Reserve Bank President

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Fed is clearly on a path of returning rates to normal: Williams

official-said

Fed begins two-day meeting to decide on interest rate hike

December 15, 2015 by · Leave a Comment 

WASHINGTON (Reuters) – Top officials at the Federal Reserve on Tuesday began a two-day policy meeting that is expected to end with the first U.S. interest rate increase since 2006. The meeting began at 1 p.m. EST, a

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Fed begins two-day meeting to decide on interest rate hike