An Economy Solution? - WMDT 47 News - Delmarva's Choice

An Economy Solution?

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WMDT 47 News - Is the federal reserve about to prescribe some new medicine for the US economy? Analysts are awaiting the outcome of today's central bank meeting and think it could announce a third round of bond purchases.

Others predict a more measured response saying it might just extend the timetable for any rise in record-low short-term rates. The Fed is facing pressure to act now because the U.S. economy is still growing too slowly to reduce high unemployment.

  • Local NewsLocal News

  • Sunday, May 19 2013 12:11 AM EDT2013-05-19 04:11:16 GMT
    EASTON, Md. - Three people were injured today in an accident on Route 50 in Easton, leaving one in stable condition.Officers responded to the scene near the Maryland State Police Barrack.  Preliminary
    EASTON, Md. - Three people were injured today in an accident on Route 50 in Easton, leaving one in stable condition.

  • Saturday, May 18 2013 11:46 PM EDT2013-05-19 03:46:14 GMT
    MINEOLA, N.Y. (AP) - Authorities say a police officer's bullet killed a New York college student during the response to a home invasion at an off-campus home.    Nassau County homicide squad Lt. John Azzata
    MINEOLA, N.Y. (AP) - Authorities say a police officer's bullet killed a New York college student during the response to a home invasion at an off-campus home.
      

  • Saturday, May 18 2013 10:53 PM EDT2013-05-19 02:53:12 GMT
    RICHMOND, Va. (AP) - Virginia Republicans have chosen firebrand conservative minister E.W. Jackson's for lieutenant governor, the first black candidate the party has nominated for statewide office since
    RICHMOND, Va. (AP) - Virginia Republicans have chosen firebrand conservative minister E.W. Jackson's for lieutenant governor, the first black candidate the party has nominated for statewide office since 1988.
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  • Sunday, May 19 2013 12:11 AM EDT2013-05-19 04:11:16 GMT
    EASTON, Md. - Three people were injured today in an accident on Route 50 in Easton, leaving one in stable condition.Officers responded to the scene near the Maryland State Police Barrack.  Preliminary
    EASTON, Md. - Three people were injured today in an accident on Route 50 in Easton, leaving one in stable condition.

  • Friday, May 17 2013 10:44 PM EDT2013-05-18 02:44:42 GMT
    SALISBURY, Md. - At approximately 4:30 p.m. today, an accident on northbound Rt. 13, just south of Delmar, shut down the road for about a half hour. Delmar police tell us two motorcycles and three cars
    SALISBURY, Md. - At approximately 4:30 p.m. today, an accident on northbound Rt. 13, just south of Delmar, shut down the road for about a half hour.

  • Friday, May 17 2013 6:45 PM EDT2013-05-17 22:45:10 GMT
    OCEAN CITY, Md. - New details emerge on two Ocean City brothers, Basel and Samir Ramadan arrested for their alleged involvement in a multi-million dollar cigarette smuggling ring.Authorities believe they
    OCEAN CITY, Md. - New details emerge on two Ocean City brothers, Basel and Samir Ramadan arrested for their alleged involvement in a multi-million dollar cigarette smuggling ring.
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  • Contests

  • This week's Friday Freebie is a spa package, from Made Ya Look Salon and Day Spa in Rehoboth Beach. Valued at $150.
    This week's Friday Freebie is a spa package, from Made Ya Look Salon and Day Spa in Rehoboth Beach. Valued at $150.

  • Feeling the pain at the pump? We can help! Watch WMDT 47 News at 6 for our Spring Gas Giveaway. WMDT and Gordy Tiger Mart want to give away 30 $100 Exxon Mobil gas cards starting April 25, 2013. Register
    Register to win a $100 gas card!

  • The WMDT/Mountaire Better Delmarva Award is a monthly honor designed to highlight local individuals, businesses, civic organizations or classrooms who are going above and beyond in their effort to assist others in the community or to improve and protect the local environment.  Each month a winner is chosen by a Mountaire selection committee from submitted nominations.
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