London Is Dealing With the Aftermath of Massive, Tragic Fire

50 people injured and deaths reported in a London high-rise apartment fire overnight.
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50 people injured and deaths reported in a London High-rise apartment fire overnight. More than 200 firefighters from all over London were struggling to contain the smoke and search for survivors. The building had reportedly been criticized for safety violations in the past.

It is Federal Reserve day. Chairwoman Janet Yellen will give a public statement at 2:30 Eastern Time this afternoon, where she is expected to announce a quarter point interest rate hike. The Central Bank may also issue a policy change and a statement about the current state of the economy.

Uber board member David Bonderman has resigned due to a sexist comment. He stepped down after making the comment at a meeting that was meant to deal with the company's culture on sexual harassment. Uber CEO Travis Kalanick is also taking a leave of absence to deal with professional and personal issues.