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I dropped in on my friend Burbage the other day and noticed that his hand was in a splint. “What’s up?” I inquired. “BlackBerry thumb,” he said. “Gee,” I thought. “I wonder what our health plan is going to say about that.” I had some idea, of course. Last month our carrier disallowed my pal Brewster’s midnight visit to his local emergency room on the grounds that it wasn’t an emergency.
Oil prices rose Wednesday after a Federal Reserve left interest rates unchanged, and a government report said supplies of gasoline fell unexpectedly.
Treasurys edged lower Wednesday after the Federal Reserve held its key lending rate near zero and said that the rate of contraction of the economy has slowed since March.
The dollar remained weak against the euro and the pound Wednesday after the Federal Reserve said the economy is still hurting but that the pace of the decline appears to be slowing.