The central bank also said banks shouldn't take that message as a signal that a negative-interest-rate policy is imminent.

In their Medical Malpractice column, Thomas Moore and Matthew Gaier discuss both historical and modern precedent that helps answer the current issue during the COVID-19 pandemic as to whether people who infect others by engaging in negligent conduct may be held liable for the damage they cause.

In its third time since April tapping the market, Apple is taking advantage of cheap borrowing costs to return more cash to shareholders.

"The pace of the recovery in economic activity and employment has moderated in recent months, with weakness concentrated in the sectors most adversely affected by the pandemic," the FOMC said.