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Daily Scan: Americans remember 9/11; stocks rise before rate decision
Updated throughout the day
Friday marks the 14th anniversary of the 9/11 attacks on the U.S., in which more than 3,000 people were killed when terrorists commandeered three commercial airliners and crashed them. President Obama marked the tragedy with a town hall meeting in Fort Mead, Md. Other ceremonies took place in Washington, D.C., New York, and Pennsylvania. Years after the event, the death toll continues to mount as survivors succumb to injuries related to the attack.
Stocks rose Friday, after starting the morning with small losses. The Dow ended up 0.63%, making a weekly gain of more than 2% for the first time since March. The S&P 500 gained 0.45%, and the Nasdaq rose 0.5%. Oil fell, ending below $45/barrel.
Here's what else you need to know:
Rick Perry drops out of presidential race. Former Texas governor Perry is the first of the Republicans to drop out of their party's very crowded presidential race. Perry, who also ran in 2012, has struggled all summer against more dominant candidates. Politico
Crane kills 65 people at Mecca. A crane collapsed on the Grand Mosque in the Muslim holy city of Mecca, killing at least 65 people and injuring more than 150 more. Mecca is preparing for the annual Hajj pilgrimage when hundreds of thousands visit the Saudi city. The site has been undergoing construction to accommodate more worshipers. BBC
Serena shut down. Serena Williams was denied another Grand Slam title by Italian Roberta Vinci. Vinci, ranked 43rd, wasn't even seeded at the U.S. Open. Had Williams won, she would have been the first person since Steffi Graf in 1988 to win all Grand Slam titles in one year. CNN
D.C.'s Union Station closed after shooting. A station security guard shot a man that stabbed his girlfriend. Both are alive. The incident was unrelated to September 11. Quartz
18 fintech companies raised $210 million this past week. FundBox, CommonBond, Orchard Platform, and Chain all raised more than $30 million. Year to date fintech companies have raised $12.4 billion. Finovate
CNN debate lineup announced. Of the now 15 Republican presidential candidates, the following will participate in the California debate scheduled for next week: Donald Trump, Ben Carson, Jeb Bush, Ted Cruz, Scott Walker, Marco Rubio, Carly Fiorina, Mike Huckabee, Rand Paul, and John Kasich. The other five candidates are invited to participate in a debate earlier in the evening. CNN
Cuba to release 3,522 prisoners. The Council of State for the island nation announced that it will release the prisoners ahead of Pope Francis' visit to the country next week. This is the third time Cuba has release prisoners before a papal visit. The released prisoners will be a mix of women, those younger than 20, the ill, and those with sentences ending next year.