 | | | | U.S. economic growth slowed less than expected in the third quarter as a further contraction in business investment was offset by resilient consumer spending, further allaying financial market fears of a recession. | | | | | | U.S. stocks were little changed on Wednesday, rebounding after a brief move lower in choppy trade on the heels of the policy statement by the U.S. Federal Reserve that cut interest rates by a quarter of a percentage point. | | | | | | Boeing Co Chief Executive Dennis Muilenburg was repeatedly hammered by U.S. lawmakers at a hearing on Wednesday over his compensation and key mistakes in development of the 737 MAX that he newly acknowledged. | | | | | | The U.S. Justice Department is close to a deal with fugitive financier Jho Low to recover almost $1 billion that was misappropriated from Malaysian investment fund 1MDB, Bloomberg reported on Wednesday, citing a source familiar with the matter. | | | | | | General Electric Co posted adjusted profits on Wednesday that beat analysts' estimates and wowed investors by promising $1 billion more cash this year than it had previously forecast, sending its shares sharply higher. | | | | | | Chile withdrew on Wednesday as the host of an APEC summit next month at which the United States and China had been expected to sign a deal to ease a trade war that has hurt the global economy, as raging street protests gripped the South American country. | | | | | | The Federal Reserve on Wednesday cut interest rates for the third time this year to ensure the U.S. economy weathers a global trade war without slipping into a recession, but signaled it will leave borrowing costs where they are unless things take a material turn for the worse. | | | | | | U.S. stocks firmed slightly and yields on Treasuries gyrated in narrow ranges on Wednesday after the Federal Reserve lowered interest rates for the third time this year, while signaling it might pause its easing cycle. | | | | | | Kuwait's central bank cut its benchmark interest rate on Wednesday, joining the Federal Reserve-led monetary easing cycle with its Gulf peers for the first time since July. | | | | | | The U.S. Federal Reserve concluded its latest two-day policy meeting on Wednesday to set a key U.S. interest rate that impacts investors, consumers, and companies around the world. | | | | | |
