business news

Fed declines to hike, but points to rates staying higher for longer

The Federal Reserve held interest rates steady in a decision released Wednesday, while also indicating it still expects one more…

Fed signals it will raise rates one more time this year before it ends hiking campaign

The Federal Reserve stayed put on Wednesday but forecast it will raise interest rates one more time this year, according to…

Tim Scott and Nikki Haley attack unions as UAW strike threatens to escalate ahead of GOP debate

Several Republican presidential candidates have gone on the attack against unions in response to the United Auto Workers’ strike, despite…

Stocks making the biggest moves midday: Instacart, Steelcase, Klaviyo and more

Check out the companies making headlines in midday trading. Instacart — Instacart shares fell nearly 11% one day after going…

Lin Wood is witness in Trump Georgia election prosecution, DA Fani Willis says

Lin Wood, an attorney and vocal supporter of former President Donald Trump, is a witness for the Atlanta district attorney…

Judge denies Hunter Biden video court hearing on gun charges

A federal judge on Wednesday denied a request by Hunter Biden to have his first court appearance on felony firearm…

Billionaire Ronald Lauder, others to return art to heirs of collector killed by Nazis

Billionaire Ronald Lauder agreed to surrender a work of art looted by Nazis in 1938 from a Jewish cabaret performer…

Putin accepts invitation to visit China in October after meeting Chinese foreign minister in Moscow

Russia’s President Vladimir Putin said Wednesday he accepted an invitation from his Chinese counterpart to visit China in October during…

‘Watch out’: Senate Intelligence chair cautions on AI ‘deep fakes’ ahead of 2024 election

WASHINGTON — The chairman of the Senate Select Committee on Intelligence warned Wednesday that artificial intelligence could be manipulated to…

Republicans grill Merrick Garland on Trump, Hunter Biden in combative House Judiciary hearing

WASHINGTON — Attorney General Merrick Garland delivered a full-throated defense of federal law enforcement officers and the Department of Justice…