Finance

SAN DIEGO — In 2020, the Federal Reserve is hoping to give patience another try. The Fed had an active 2019, as officials shifted away from a steady set of interest rate increases to pause before cutting rates three times in the face of trade tensions and global weakness. But at their final meeting last […]

WASHINGTON — The Federal Reserve’s policymaking committee saw much less risk of recession at its meeting last month, when it kept interest rates steady after three straight cuts and signaled that it expected to keep low rates unchanged through this year. Minutes of the December meeting, released Friday, showed that Fed officials favored keeping rates

Stocks are lower on Wall Street in afternoon trading Friday and oil prices are climbing after U.S. forces in Iraq killed a top Iranian general By ALEX VEIGA AP Business Writer January 3, 2020, 6:20 PM 3 min read NEW YORK — Stocks fell on Wall Street in afternoon trading Friday and oil prices surged

U By JOSH BOAK AP Economics Writer January 3, 2020, 3:49 PM 2 min read WASHINGTON — U.S. manufacturing activity fell to the lowest level in more than a decade, as the sector was hurt by weakening demand and last year’s global economic slowdown. The Institute for Supply Management, an association of purchasing managers, said

Often, Ms. Meyer said, people plan well for recurring monthly expenses but stumble when setting aside cash for known but “irregular” expenses, like holiday spending and vacations. She suggested adding up all of those anticipated costs and setting aside a fixed amount for them each pay period to reduce the need to carry a balance

Tesla says its global deliveries rose more than 50% last year, meaning the company surpassed the low end of its sales goals for 2019 January 3, 2020, 2:04 PM 2 min read DETROIT — Tesla’s global deliveries rose more than 50% last year, meaning the company surpassed the low end of its sales goals for

The price of oil has surged on the news of the United States’ military strike that killed Iran’s top general By CARLO PIOVANO Associated Press January 3, 2020, 11:57 AM 3 min read LONDON — The price of oil surged Friday on concerns that Iran might respond to the killing of its top general by

These days, wages in the United States are doing something extraordinary: They’re growing faster at the bottom than at the top. In fact, recent growth for workers with low wages has outpaced that for high-wage workers by the widest margin in at least 20 years. The main story here is the long economic recovery, now

A Turkish airline company says its jets were used to fly former Nissan chairman Carlos Ghosn from Japan to Lebanon By SUZAN FRASER and YURI KAGEYAMA Associated Press January 3, 2020, 10:02 AM 4 min read ANKARA, Turkey — A Turkish airline company whose jets were used to fly former Nissan Chairman Carlos Ghosn from

DETROIT — Three crashes involving Teslas that killed three people have increased scrutiny of the company’s Autopilot driving system just months before CEO Elon Musk has planned to put fully self-driving cars on the streets. On Sunday, a Tesla Model S sedan left a freeway in Gardena, California, at a high speed, ran a red