Sep 17 Watch 6:19 Federal Reserve cuts interest rates amid economic uncertainty By Geoff Bennett, Courtney Norris The Federal Reserve cut its benchmark interest rate for the first time this year, dropping it by a quarter point. The change could have an impact on many lending rates and the Fed suggested two more cuts by year's end. Continue watching
Sep 16 Watch 5:21 What makes this week’s Federal Reserve meeting unprecedented By Geoff Bennett, Courtney Norris The Federal Reserve is expected to cut its benchmark interest rate by a quarter of a point when it meets on Wednesday, the first cut in about a year. It has been described by those who watch the Fed as… Continue watching
Sep 16 WATCH: Powell announces first interest rate cut of the year By Christopher Rugaber, Associated Press The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation's labor market. Continue reading
Sep 16 Trump extends TikTok deadline for 4th time after reaching framework deal with China By Darlene Superville, Josh Boak, Associated Press President Donald Trump formally extended the deadline to keep the social media app TikTok available in the United States until Dec. 16. Continue reading
Sep 16 Shoppers increased retail spending by 0.6% in August, even as tariffs led to price hikes and hurt jobs By Anne D'Innocenzio, Associated Press Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school shopping, even as President Donald Trump’s tariffs are starting to hurt the job market and lead to price increases. Continue reading
Sep 15 Wall Street rises to more records as Tesla vrooms higher By Stan Choe, Associated Press Wall Street rose to more records on Monday at the start of a week that could show whether the U.S. stock market’s big recent rally has been overdone or prescient. Continue reading
Sep 15 Nvidia violated antimonopoly laws, China says By Kelvin Chan, Associated Press The State Administration for Market Regulation also said Monday it would carry out further investigation into Nvidia's acquisition of Mellanox. Continue reading
Sep 12 Wall Street finishes its best week in over a month By Stan Choe, Associated Press Stocks have rallied with expectations that the Federal Reserve will cut its main interest rate for the first time this year at its meeting next week. Such a move would give the economy a kickstart, and mortgage rates have already… Continue reading
Sep 12 Boeing workers reject latest contract offer, extending strike at three Midwest plants By Rio Yamat, Mae Anderson, Associated Press Another contract proposal has been rejected by Boeing workers who now have been on strike for nearly six weeks from three Midwest plants where military aircraft and weapons are developed. Continue reading
Sep 12 Russia cuts interest rate to 17% as wartime economy slows while deficit grows By David McHugh, Associated Press The bank’s inflation warnings in its policy statements underlined the stresses in the Kremlin’s wartime economy. Continue reading