The Federal Reserve is set to leave its benchmark interest rate unchanged Wednesday and will likely signal that it expects rates to remain low well into next year despite a robust job market By CHRISTOPHER RUGABER AP Economics Writer December 11, 2019, 11:20 AM 4 min read The Federal Reserve is set to leave its […]
US Federal Reserve could signal no rate hike through 2020 Read More »
WASHINGTON — The Federal Reserve is expected to leave interest rates unchanged at its final meeting of the year on Wednesday, as officials wait to see how the economy fares after they cut rate three times in 2019. Fed Chair Jerome H. Powell and his colleagues made an aggressive shift this year. After slowly raising
Fed Is Likely to Leave Rates Alone, and Markets Wonder What’s Next Read More »
Chevron says it will book a charge of at least $10 billion because lower long-term prices for oil and natural gas are making some projects less valuable December 11, 2019, 12:04 AM 2 min read Chevron Corp. said Tuesday it will book a charge of at least $10 billion because lower long-term prices for oil
Chevron will write down assets by at least $10 billion Read More »
Facebook is rebuffing efforts to give authorities a way to read encrypted messages By MATT O’BRIEN AP Technology Writer December 11, 2019, 3:30 AM 4 min read Facebook is rebuffing efforts by U.S. Attorney General William Barr to give authorities a way to read encrypted messages. The heads of Facebook-owned WhatsApp and Messenger services told
Facebook rebuffs US AG over access to encrypted messages Read More »
Thousands of people have marched through French cities as unions cranked up pressure against the government’s retirement reforms. Paris deployed thousands of police to prevent violence but the main march ended peacefully By ANGELA CHARLTON and NADINE ACHOUI-LESAGE December 10, 2019, 8:15 PM 5 min read Cranking up the pressure on President Emmanuel Macron, thousands
Voting with their feet: French march against pension reforms Read More »
Tired of San Francisco streets being used as a testing ground for the latest delivery technology and transportation apps, city leaders are now requiring businesses to get permits before trying out new high-tech ideas in public. Supporters of the legislation, which the Board of Supervisors unanimously approved Tuesday, say it is the first of its
Testing tech ideas in public? San Francisco says get permit Read More »
Global concerns about climate change are not stopping General Motors from making hulking SUVs for U.S. drivers. GM on Tuesday rolled out the next generation of its big truck-based SUVs with more space and features. They’re also heavier with only a small improvement in gas mileage. The 2021 Chevrolet Tahoe and Suburban will come out
Amid climate change concern, GM rolls out big new Chevy SUVs Read More »
Boeing is reporting another month of weak orders and deliveries for its airliners By DAVID KOENIG AP Airlines Writer December 10, 2019, 10:51 PM 2 min read Boeing’s grounded 737 Max got a boost from two orders in November, but the American aircraft company continues to trail Europe’s Airbus in both orders and deliveries of
Airbus beats Boeing again in aircraft orders and deliveries Read More »
Shares of exercise bike company Peloton are under pressure from a scathing research report December 10, 2019, 9:16 PM 2 min read Shares of exercise bike company Peloton were under pressure Tuesday from a scathing research report that comes on the heels of blowback from its widely mocked ad. Andrew Left of Citron Research is
Peloton shares tumble as bearish report adds to ad woes Read More »
Stocks wobbled on Wall Street in afternoon trading Tuesday as investors considered reports that the U.S. will delay a new round of tariffs on Chinese goods as the nations continue to negotiate a trade deal By DAMIAN J. TROISE AP Business Writer December 10, 2019, 6:32 PM 3 min read Stocks wobbled on Wall Street
Stocks wobble on Wall Street ahead of tariff deadline Read More »
