World Stocks Rise As Fed Wraps Up 2-day Meeting


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18, 2013 8:09 AM   |   A Starbucks’ corporate headquarters is seen in this Monday, Jan. 26, 2009 file photo taken, in Seattle. Starbucks says guns are no longer welcome in its cafes, though it is stopping short of an outright ban on firearms. (AP Photo/Elaine Thompson, File) Written by CANDICE CHOI, AP Food Industry Writer Filed Under Indianapolis Business ADVERTISEMENT NEW YORK Starbucks says guns are no longer welcome in its cafes, though it is stopping short of an outright ban on firearms. The fine line that the retailer is walking to address the concerns of both gun rights and gun control advocates reflects how heated the issue has become, particularly in light of recent mass shootings. Most states allow people to openly carry licensed guns in some way and many companies do not have policies banning firearms in their stores. But Starbucks has become a target for gun control advocates, in part because of its liberal-leaning corporate image. In turn, gun rights advocates have been galvanized by the company�s decision to defer to local laws.
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/ Richard Drew / AP 2007 file photo Written by Indianapolis Business ADVERTISEMENT BANGKOK — World stock markets rose modestly Wednesday as investor tensions eased before the Federal Reserve winds up a crucial policy meeting later in the day. The Fed is widely expected to announce a reduction in its massive bond-buying program, launched after the 2008 financial crisis to boost the flailing U.S. economy. Stock markets are hoping for a small reduction because the bond-buying has kept interest rates super-low, making it cheaper to borrow money. The low bond yields and flood of money led investors to plow into stock markets, fueling rallies across the globe.
This article has been curated from World stocks rise as Fed wraps up 2-day meeting

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