us Business

Corn estimates were off by 4.5 million acres last year. A lack of survey responses, not job cuts, led to the miss, the Agriculture Department said. Source link

Gross domestic product expanded at a 2 percent annual rate in the first three months of the year, a period including first weeks of conflict in the Middle East. Source link

Jerome H. Powell will remain a governor at the Federal Reserve after his term as chair ends, in a bid to guard against a further incursion by the Trump administration on the central bank’s independence. Source link

Traders now think the Federal Reserve will keep steady interest rates, or perhaps even increase them, amid succession intrigue at the central bank. Source link

The Federal Communications Commission is clashing again with the media giant. It’s another warning about the costs of angering President Trump. Source link

Gwyneth Paltrow’s healthy-eating enterprise is just one of several recent Los Angeles exports to a rival city with its own ideas about what’s good. Source link

Rich Americans are writing off taxes they owed before they moved to Puerto Rico, the Senate Finance Committee says. Source link

In partnership with Expedia, the ride-booking, food-delivering, package-transporting service takes another step toward becoming a super app. Source link

The chief executive, Scott Kirby, said that buying a smaller airline might not be worth the effort. Source link

What’s happening at the Federal Reserve today. Source link