 | | | | The U.S. Federal Reserve on Wednesday delivered a widely expected interest rate cut aimed at sustaining a record-long economic expansion, but gave few hints of whether or when it could reduce borrowing costs further. | | | | | | The U.S. Federal Reserve cut interest rates by a quarter of a percentage point for the second time this year on Wednesday in a widely expected move meant to sustain a decade-long economic expansion, but gave mixed signals about what may happen next. | | | | | | Comcast Corp said on Wednesday it will offer internet customers a free streaming media set top box that works with other services, stepping up competition with Roku Inc in the market for a device that organizes multiple subscriptions. | | | | | | As if the U.S. Federal Reserve did not already have enough on its plate heading into its meeting on interest rates this week, chaos deep inside the plumbing of the U.S. financial system has thrown policymakers an unexpected curveball. | | | | | | Tesla wants to steal Porsche's bragging rights by testing its Model S on the northern loop of Germany's Nuerburgring circuit, using a marketing tool that German carmakers have long used to tout the superiority of their products. | | | | | | U.S. stocks extended their losses and the U.S. Treasury yield curve flattened on Wednesday, after the U.S. Federal Reserve cut interest rates, as expected, but gave mixed signals regarding future rate moves. | | | | | | The Federal Reserve on Wednesday tweaked two key rates used to manage its main policy lever, but stopped short of additional bond purchases some investors anticipated. | | | | | | Wall Street sank on Wednesday as Federal Reserve policymakers gave mixed signals about their next move after cutting interest rates by a quarter of a percentage point in a widely expected move. | | | | | | President Donald Trump blasted the Federal Reserve for delivering only a quarter-percentage point interest rate cut on Wednesday, saying the U.S. central bank and its chair, Jerome Powell, had "No 'guts,' no sense, no vision!" | | | | | | Airbus warned of the risks of a 'lose-lose' transatlantic tariff war on Wednesday as it raised forecasts for jetliner demand over the next 20 years, led by the new industrial hubs of Asia. | | | | | |
