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The U.S. Federal Reserve will likely consider further reductions in the pace of bond purchases at coming meetings given the improvement in the labor market conditions, a top Fed official said on Friday. Richmond Federal Reserve President Jeffrey Lacker said although a recent pick-up in U.S. economic growth was encouraging, he expected the pace of... Read more... Read more...
By Daniel Lovering BOSTON (Reuters) - Convicted gangster James "Whitey" Bulger and his girlfriend, Catherine Greig, exchanged love letters on a legal pad provided by a defense attorney who visited them in prison before the mobster went on trial last year, local media reported on Friday. Defense attorney J.W. Carney told a meeting of Massachusetts defense lawyers this week that he offered the pad to Bulger at a correctional facility in... Read more... Read more... Read more...
US premium cable TV provider HBO announced that the next season of award-winning prohibition-era show "Boardwalk Empire" will be its last. "The final call for drinks on the Boardwalk comes this fall," program makers announced on the Twitter feed of the show, starring Steve Buscemi as a politician-gangster in charge of Atlantic City. The series has won a string of awards, including two Golden Globes and over a dozen Emmys,... Read more...