Pennsylvania to Sue Over NCAA Fine, Governor Says

Jan. 2 (Bloomberg) -- Pennsylvania Governor Tom Corbett speaks about his decision to sue the National Collegiate Athletic Association over the $60 million fine levied against Pennsylvania State University for its role in the Jerry Sandusky sex-abuse scandal. Corbett speaks at a press conference near the university in State College, Pennsylvania. (Source: Bloomberg)

No Surprise: Fed Leaves Rates Unchanged
18:56 - The Federal Reserve left interest rates unchanged while saying risks to the U.S. economy have subsided and the labor market is getting tighter, suggesting conditions are getting more favorable for an increase in borrowing costs. Bloomberg's Mike McKee reports on "Bloomberg Markets." (Source: Bloomberg)
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