The Associated Press

Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Recent Articles By The Author

World shares mixed as markets mull latest Fed statement

World stocks shares mixed as investors digest latest statements from Fed and Bank of Japan

Asian shares weaken, dollar up after Fed's latest statement

Asian shares mostly lower, dollar up after Fed says it start trimming bond holdings, plans one more interest rate increase this year

Nevada quake lab tests new bridge design after Mexico quake

Scientists at a Nevada earthquake lab have tested new bridge designs with innovative connectors to better withstand violent temblors and speed reconstruction following major quake damage

New fight in California water wars: How to update old system

California must decide what's next for upgrading its outdated water supply system after a key player rejected Gov. Jerry Brown's $16 billion plan to build two giant tunnels

Fed announces a start to modestly reducing its bond holdings

Fed announces start of trimming of bond holdings with $10 billion reduction in October