Business

What the Federal Reserve rate cut means for you

What the Federal Reserve rate cut means for you

NEW YORK (AP) — The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the third time since September, bringing its key rate to about 3.6%, the lowest in nearly three...

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Federal Reserve likely to cut rates, may signal just one more reduction next year

Federal Reserve likely to cut rates, may signal just one more reduction next year

WASHINGTON (AP) — The Federal Reserve will almost certainly reduce its key interest rate Wednesday, but the bigger question for financial markets and the economy is what signals Chair Jerome Powel...

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Asian benchmarks mostly decline as investors anticipate US rate cut

Asian benchmarks mostly decline as investors anticipate US rate cut

TOKYO (AP) — Asian shares were mostly lower, trading in a narrow range ahead of a Federal Reserve meeting later Wednesday that’s expected to result in the third cut to interest rates this year. J...

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Fed likely to lower borrowing costs this week, but follow-up rate cuts face longer odds

Fed likely to lower borrowing costs this week, but follow-up rate cuts face longer odds

WASHINGTON (AP) — The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell’s ability to corral the necessary support from fellow policymakers for a t...

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Why Trump is giving a speech in Pennsylvania on affordability

Why Trump is giving a speech in Pennsylvania on affordability

WASHINGTON (AP) — President Donald Trump will road-test his claims that he’s tackling Americans’ affordability woes at a Tuesday rally in Mount Pocono, Pennsylvania — shifting an argument made in ...

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Paramount goes hostile in bid for Warner Bros.

Paramount goes hostile in bid for Warner Bros.

NEW YORK (AP) — Paramount on Monday launched a hostile takeover offer for Warner Bros. Discovery, initiating a potentially bruising battle with rival bidder Netflix to buy the company behind HBO, ...

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