Finance

WASHINGTON — The Federal Reserve cut interest rates Wednesday for the third time this year while signaling that it may pause to weigh incoming data before adjusting borrowing costs again. The decision to lower rates to a range of 1.5 to 1.75 percent came as a global manufacturing slowdown and uncertainty stemming from President Trump’s […]

The fallout from GrubHub’s slowdown continues, this time impacting one of the country’s largest restaurant chains. Taco Bell owner Yum Brands Inc. said Wednesday it recorded a $60 million pretax write-down on the value of its GrubHub investment in the third quarter. Yum invested $200 million in the food delivery service last year. That lowered

Denmark said Wednesday it is giving permission for a joint German-Russian underwater gas pipeline to be laid to through its territory, in a blow to the United States, which had fiercely opposed the project. The decision by the Danish Energy Agency to approve the Nord Stream 2 pipeline’s route is a victory for the governments

Grady Cope, founder and president of Reata Engineering, a design, tooling and production firm in Englewood, Colo., offered a guarded outlook. “As business owners, we’re all a little bit scared of tariffs,” said Mr. Cope, whose company has a long list of multinational customers. “China is a huge part of the global economy and the

A respected British think tank slammed Prime Minister Boris Johnson’s Brexit deal on Wednesday, concluding that the economy would be 3.5% smaller compared with staying in the European Union. The study by the National Institute of Economic and Social Research says the agreement would deliver a 70 billion-pound ($90 billion) blow to the U.K. Researchers

Other parts of the economy have demonstrated a reassuring sturdiness. Although the number of jobs created each month has drifted down, for instance, the jobless rate is still at its lowest point in decades. And the stock market continues with regular bursts of enthusiasm like the record high the S&P 500 reached Monday. The trade

Volkswagen says its profits jumped 44% in the third quarter thanks to a more profitable mix of vehicles but warned that global markets are slowing more than expected and lowered its forecast for annual sales. After-tax profit rose to 3.98 billion euros ($4.42 billion) as revenue rose 11% to 61.42 billion. The sales margin of

WASHINGTON — The Federal Reserve is widely expected to lower interest rates on Wednesday for a third, and potentially final, time this year. What comes next is less clear. Fed officials lowered borrowing costs in July and September in an effort to guard against mounting risks, including President Trump’s uncertainty-inspiring trade war and a global

British Prime Minister Boris Johnson and opposition leader Jeremy Corbyn were set to trade barbs over Brexit and public spending Wednesday when they face off in Parliament for the last time before a Dec. 12 general election. The House of Commons on Tuesday approved an early election in hopes of breaking the deadlock over Britain’s

YEN THANH, Vietnam — Across the village, the altar tables have already been set up. In Buddhist and Catholic households alike, families have not waited for the final word on whether their daughters, sons, brothers and sisters are among the 39 people found dead last week in a refrigerated truck container in an industrial park