What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More
See how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. Source link
Business Update
Read More
The Fed may soon stop reducing its debt and mortgage bond holdings.
The Fed may soon stop reducing its debt and mortgage bond holdings. Source link
F.D.A. Moves to Speed Approvals for Cheaper Copycat Drugs
The agency announced moves to cut regulatory obstacles for the makers of biosimilar drugs, which are akin to generics and may help lower drug costs. Source link
‘Anti-Tourism’ Tours Show Visitors a Different Side of Vacation Hot Spots
With visitors increasingly interested in the social and political realities of global tourist hot spots, some local guides are adapting their offerings. Source link
As Trump Weighs Sale of Advanced A.I. Chips to China, Critics Sound Alarm
The president signaled he would discuss the sale of Nvidia’s Blackwell chips in a summit on Thursday, a move U.S. officials warned would be a “massive” national security mistake. Source link
Starbucks Reports a Modest Sales Increase in Latest Quarter
Net income fell 85 percent, however, because of charges related to store closures and corporate layoffs. Source link
Microsoft Increases Investments Amid A.I. Race
The company reported that it spent a higher-than-expected $34.9 billion in capital expenditures during its quarter. Source link
Sanctions Lifted on a Putin-Backed Autocrat After Lobbying by Trump Allies
The move benefits the Serbian politician Milorad Dodik, who had received support from Rudolph W. Giuliani, Michael T. Flynn, Laura Loomer and high-priced lobbyists. Source link
What to know about the Fed meeting.
The U.S. central bank is widely expected to cut interest rates for the second meeting in a row even though the government shutdown is obscuring officials’ view of the economy. Source link