IMF says Fed 'can hold off' on interest rate rise

The US Federal Reserve building in WashingtonThe International Monetary Fund said Thursday that the Federal Reserve has the room to hold off from raising interest rates for the moment amid a "pretty bumpy" global economic situation. "Our general view is that they have flexibility to hold off," said IMF spokesman William Murray, adding that the Fed "should proceed gradually" with its planned series of rate hikes. "The situation globally is pretty bumpy," he said, and the IMF view is that the Fed "should proceed gradually" with its plan to begin raising rates for the first time since 2006.



Broadway season features Jennifer Hudson and Bruce Willis

FILE - In this April 11, 2015 file photo, Jennifer Hudson performs at the TV Land Awards in Beverly Hills, Calif. Hudson and Broadway is a match made in musical heaven and the two finally will be together in the revival of "The Color Purple." (Photo by Chris Pizzello/Invision/AP, File)NEW YORK (AP) — The new Broadway season hasn't yet started in earnest and already there's a front-runner for the Tony Awards next summer — "Hamilton." But there are plenty of challengers hoping to steal its thunder over the next few months. Here's a look at some highlights of the 2015-16 fall season:



European Central Bank ready to give eurozone more stimulus

President of European Central Bank Mario Draghi speaks during a news conference in Frankfurt, Germany, Thursday, Sept.3, 2015, following a meeting of the ECB governing council. (AP Photo/Michael Probst)FRANKFURT, Germany (AP) — The European Central Bank is ready to give the eurozone economy a bigger dose of stimulus if turmoil in China and weaker global growth hurt its modest recovery, President Mario Draghi said Thursday.



1 Marine killed, 11 hurt in helicopter hard landing

CAMP LEJEUNE, N.C. (AP) — A heavy-lift military helicopter landed harder and faster than normal during a nighttime training exercise in North Carolina, killing one U.S. Marine and injuring 11 others, the military said.
Father of drowned Syrian boys: Overloaded boat flipped

ADDS IDENTIFICATION OF CHILD A paramilitary police officer carries the lifeless body of Aylan Kurdi, 3, after a number of migrants died and a smaller number were reported missing after boats carrying them to the Greek island of Kos capsized, near the Turkish resort of Bodrum early Wednesday, Sept. 2, 2015. The family — Abdullah, his wife Rehan and their two boys, 3-year-old Aylan and 5-year-old Galip — embarked on the perilous boat journey only after their bid to move to Canada was rejected. The tides also washed up the bodies of Rehan and Galip on Turkey's Bodrum peninsula Wednesday, Abdullah survived the tragedy. (AP Photo/DHA) TURKEY OUTANKARA, Turkey (AP) — The father of a 3-year-old boy photographed lying dead on a Turkish beach has described how their overloaded boat flipped over in the sea and he quickly realized his sons and his wife had drowned.





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