United States
US Fed Chair Janet Yellen hints at rate hike in 2015
Giving much wider scope of speculation on possible interest rate hike in next October meeting, the US Federal Reserve Chair Janet Yellen has indicated that there would be interest rate hike this year. Yellen further opined that it's necessary to increase short-term rates in a gradual manner as the improvement in labor market further continues and inflation rate reaches to the government target of two percent. The US Central Bank has been sending feelers about the possible rate hike this year for some time. The job market growth is the major factor that puts the US Fed in a comfortable position to take a decision on interest rate hike.
Pope urges US to act on climate change now
Wading into one of the most polarizing issues in American politics, Pope Francis has called upon the United States to join other nations in fighting climate change. He stressed the time to act is now. "Climate change is a problem which can no longer be left to a future generation. When it comes to the care of our common home, we are living at a critical moment of history," the pope said in a speech Wednesday on the South Lawn of the White House.
Apple just released iOS 9.0.1 to fix the "Slide to Upgrade" bug
Apple just released iOS 9.0.1 to fix their major "Slide to Upgrade" bug issue that over half of its users are experiencing after its iOS 9 update. Affected users can get the update by connecting their iPhone, iPad, and iPod to the iTunes on their computer and perform a force restart of their device.
Smartest ways to budget baby spending for new parents
Raising a baby is expensive. First-time parents could easily get lost navigating across tedious budgeting task for their baby. Huffington Post reported that the US Department of Agriculture found out that the middle-income family spends an average of $13,000 during the first year of a baby.