UPDATE 1-Mexico races to save 12-yr-old girl as quake toll hits 237

UPDATE 1-Mexico races to save 12-yr-old girl as quake toll hits 237

Rescuers labored against the odds as dawn broke on Thursday to save a 12-year-old schoolgirl and other possible survivors trapped beneath crumpled buildings in central Mexico following the country's deadliest earthquake in 32 years. More than 50 survivors have been plucked from several disaster sites in Mexico City since Tuesday afternoon's 7.1-magnitude quake, leading to impassioned choruses of "Yes we can!" from the first responders, volunteers and spectators gathered around the ruins. At the site, Navy-led rescuers have communicated with the 12-year-old girl, but were still unable to dig her free.


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Wall St. set to open lower after Fed’s hawkish stance

The Fed, as expected, said it would begin to reduce its approximately $4.2 trillion in holdings of U.S. Treasury bonds and mortgage-backed securities - acquired in the years after the 2008 financial crisis - from October. While the central bank left rates unchanged, it cited low unemployment, growth in business investment and an economic expansion that has been moderate but durable this year to build its case for another rate hike in 2017. Interest rate futures are now pricing in about a 70 percent chance of a December hike, according to CME's FedWatch tool, up from above 50 percent prior to the Fed meeting.


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Wall St. set to open lower after Fed's hawkish stance

Wall St. set to open lower after Fed's hawkish stance

The Fed, as expected, said it would begin to reduce its approximately $4.2 trillion in holdings of U.S. Treasury bonds and mortgage-backed securities - acquired in the years after the 2008 financial crisis - from October. While the central bank left rates unchanged, it cited low unemployment, growth in business investment and an economic expansion that has been moderate but durable this year to build its case for another rate hike in 2017. Interest rate futures are now pricing in about a 70 percent chance of a December hike, according to CME's FedWatch tool, up from above 50 percent prior to the Fed meeting.


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KeepTruckin offers discount on ELDs to TQL carriers

Total Quality Logistics is partnering with KeepTruckin to provide a low-cost ELD solution for TQL-contracted carriers to help ensure compliance with the Electronic Logging Device mandate.

Through the TQL-KeepTruckin ELD promotion, drivers receive a 20% discount on the KeepTruckin ELD, which puts the starting price at $16 per month. The KeepTruckin ELD comes with no upfront hardware costs, making it affordable for carriers of all sizes, the company noted.

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