By Victoria Cavaliere SEATTLE (Reuters) - A Washington state bridge collapse that sent two cars tumbling into a frigid river below after a commercial truck accidentally struck an overhead truss was the result of failed safety precautions and inadequate permitting for oversize loads, federal investigators said on Tuesday. The truck made it across the Skagit River Bridge along Interstate 5 in May 2013 carrying an oversize load even after striking the truss. Seconds later, a section of the span about 55 miles (89 km) north of Seattle buckled. The National Transportation Safety Board, which has led the investigation into the collapse, said in presenting its findings on Tuesday in a public hearing that many state and national policies for permitting and ensuring safe passage of oversize loads were obsolete.
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen said Tuesday that the economic recovery is not yet complete and for that reason the Fed intends to keep providing significant support to boost growth and improve labor market conditions.
By Howard Schneider and Michael Flaherty WASHINGTON (Reuters) - The U.S. economic recovery remains incomplete, with a still-ailing job market and stagnant wages justifying loose monetary policy for the foreseeable future, Federal Reserve Chair Janet Yellen told a Senate committee on Tuesday. In a strong defense of the central bank's current stance, Yellen said early signs of a pickup in inflation aren't enough for the Fed to accelerate its plans for raising interest rates, a move currently expected in the middle of next year.