Latest Business News: Indebted Countries See Borrowing Costs Edge up

Wochit 0:39 mins

Europe's indebted-countries could face higher-borrowing-costs after the U.S.Federal Reserve indicated it would start phasing-out its stimulus-program. U.S. stock futures are rising, shaking off a jolt delivered to global markets by the Federal Reserve. Darden's which owns restaurant chains Olive Garden, Red Lobster and LongHorn Steakhouse saw its fourth-quarter net income fell 12% on rising costs and expenses.

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