Exclusive: Fed's Fisher, outspoken hawk, sees no QE reduction this month 11:10am EDT

NEW YORK - One of the Federal Reserve's biggest critics of asset purchases has essentially given up hope for a policy change at a meeting later this month, given the fiscal standoff in Washington.

Burberry CEO Angela Ahrendts arrives for the Burberry 2010 Autumn/Winter collection during London Fashion Week, February 23, 2010.  REUTERS/Luke MacGregor

Burberry boss takes a bite of Apple

LONDON - Burberry Group's veteran CEO Angela Ahrendts is leaving the company to head Apple's retail business. She is being replaced by Christopher Bailey, the British fashion house's chief creative officer.  Full Article 

Michael L. Corbat, president of the Citigroup, arrives at the Planalto Palace before a meeting with Brazil's President Dilma Rousseff in Brasilia April 9, 2013. REUTERS/Ueslei Marcelino

Citigroup results hit by bond trading slowdown

Citigroup posted disappointing earnings, hit by a drop in bond trading revenue after the Federal Reserve refrained from changing its bond buying program.  Full Article 

A woman carries her daughter outside a damaged house after an earthquake struck Cebu city, in central Philippines October 15, 2013.    REUTERS/Erik De Castro

Strong quake kills at least 74 in Philippines

MANILA - A magnitude-7.2 earthquake struck islands popular with tourists in the Philippines killing at least 74 people, some as they prayed in a centuries-old church.  Full Article | Slideshow 

Cars line up on a traffic jam on the western Austrian A12 highway as the road is blocked near Vomp September 28, 2012.  REUTERS/Dominic Ebenbichler

Wood fires, diesel cars pose pollution threat

BRUSSELS - Air pollution is dangerously high across many parts of Europe, resulting in premature deaths, ill health and huge economic losses linked to reduced crop yields, Europe's environmental watchdog said.  Full Article 

Myunghee Bae, the mother of Kenneth Bae, is pictured during an interview with Reuters in Lynnwood, Washington August 7, 2013. REUTERS/David Ryder

Mother of jailed missionary pleads for help

SEOUL - The mother of a missionary jailed in North Korea for state subversion pleaded for the U.S. government to help secure her ailing son's release as she ended a trip to see him.  Full Article 

Steven Brill

How Boehner can save his speakership

Why haven’t the Democrats offered to protect Boehner if he runs into trouble by allowing the full House to vote to reopen the government and extend the debt ceiling?  Commentary 

Iran’s President Hassan Rouhani takes questions from journalists during a news conference in New York, September 27, 2013. REUTERS/Adrees Latif

Looking to diplomacy with Iran

President Barack Obama has chosen to test Iran's "charm offensive." The closest historical analogy to this decision is President Richard M. Nixon’s opening to China in 1971, William H. Luers and Thomas R. Pickering say.  Commentary 

Lawrence Summers

Beyond the budget impasse

Current and future budget deficits are now a second order problem relative to other more pressing issues facing the American economy.   Commentary 

Ian Bremmer

End the foreign policy shutdown

Obama made the right decision to cancel his trip to Asia. But he could have done more to ensure he wasn't leaving a void at a major conference of world leaders. He could have sent Bill Clinton.  Commentary 

Nicholas Wapshott

The GOP's age of unreason

Hard-right Republicans’ rejection of basic economics is just the latest example of how they have abandoned rational thought and refuse to accept established scientific facts.  Commentary 

Jack Shafer

Will anyone defend the Washington Redskins name?

With Obama opposing him and the commissioner of his own league backing down, it's officially Dan Snyder against the world.  Commentary