Thursday, September 21, 2017

Business News

The rate decision of the Federal Reserve appears on a television screen, on the floor of the New York Stack Exchange, Wednesday, Sept. 20, 2017.

BY ALEX VEIGA U.S. stock indexes overcame an afternoon wobble to close mostly higher Wednesday after the Federal Reserve said it would start reducing its huge bond portfolio next month ...
IIn this Thursday, July 13, 2017, file photo, Federal Reserve Chair Janet Yellen testifies on Capitol Hill in Washington, before the Senate Banking Committee.

BY MARTIN CRUTSINGER WASHINGTON (AP) — The Federal Reserve will begin shrinking the enormous portfolio of bonds it amassed after the 2008 financial crisis to try to sustain a frail ...
President Donald Trump smiles Kuwait leader Sheikh Sabah Al Ahmad Al Sabah during a news conference in the East Room of the White House, Thursday, Sept. 7, 2017, in Washington.

BY MICHAEL BIESECKER and JEFF HORWITZ WASHINGTON (AP) — President Donald Trump’s nominee to oversee chemical safety at the Environmental Protection Agency has for years accepted payments for criticizing studies ...
In this Monday, April 28, 2008, file photo, a doctor examines a patient in Stuttgart, Germany.

BY TOM MURPHY Only half of America’s smallest businesses now offer health coverage to their workers because many say steady cost hikes have made it too expensive to afford a ...
A currency trader stands near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Wednesday, Sept. 20, 2017.

BY YOUKYUNG LEE SEOUL, South Korea (AP) — Global stock markets were little changed Wednesday as investors took to the sidelines ahead of the U.S. Federal Reserve’s announcement of the ...
In this Tuesday, Sept. 12, 2017, file photo, Jeff Williams, Apple's chief operating officer, shows new Apple Watch Series 3 products at the Steve Jobs Theater on the new Apple campus in Cupertino, Calif.

BY ANICK JESDANUN SANTA CLARA, Calif. (AP) — A chief gripe with Apple Watch is that it requires you to keep an iPhone with you for most tasks. The inclusion ...
This Monday, Aug. 24, 2015, file photo shows the New York Stock Exchange. U.S. stocks continue to slide early Wednesday, Oct. 26, 2016. (AP Photo/Seth Wenig, File)

BY ALEX VEIGA Wall Street capped a day of mostly listless trading Tuesday with a slight gain, good enough to lift the major U.S. stock indexes to another set of ...
In this photo dated June 8 2006, The Troll, a gas platform run by the Norwegian oil giant Statoil company, standing above the North Sea, about 70 kilometers off the coast of Norway.

HELSINKI (AP) — Norway’s sovereign wealth fund, the world’s largest of its kind, has hit a milestone value of $1 trillion, beating all expectations since its creation over 20 years ...
In this Monday, Feb. 29, 2016, photo, a Foss Maritime tugboat nudges the container ship CMA CGM Benjamin Franklin into place at Seattle's Terminal 18.

BY MARTIN CRUTSINGER WASHINGTON (AP) — The deficit in the broadest measure of U.S. trade rose to the highest level in more than eight years this spring, reflecting in part ...
In this May 16, 2012, file photo, the Facebook logo is displayed on an iPad in Philadelphia.

BY BARBARA ORTUTAY NEW YORK (AP) — The problems keep piling up for Facebook, and it’s unclear how long the internet giant will be able to brush them aside as ...
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