Tag: Washington news
Text of the policy statement the Federal Reserve released Wednesday
WASHINGTON -- Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended:Recent indicators suggest that economic activity has...
Federal Reserve is set to cut interest rates for the first time in 4 years
WASHINGTON -- Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four...
Venezuelan opposition calls on US to cancel oil company licenses to pressure Maduro
MEXICO CITY -- Venezuela’s main opposition coalition on Monday called on the U.S. to cancel the licenses that allow Chevron and other energy...
Will the Federal Reserve cut interest rates fast enough to deliver a 'soft landing'?
WASHINGTON -- American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is...
McCormick's hedge fund days are a double-edged sword in Pennsylvania's Senate race
HARRISBURG, Pa. -- Before he ran for the U.S. Senate in Pennsylvania, David McCormick was a big name on Wall Street.He was the...
China's economy softens in August as Beijing continues to grapple with lagging demand
BEIJING -- China’s economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp...