business news

The Fed forecasts two more hikes in 2023, taking rates as high as 5.6%

The Federal Reserve paused its hiking campaign in June, but forecast it will raise interest rates as high as 5.6%…

Attorney General Garland defends special counsel in first comments about Trump indictment

Attorney General Merrick Garland on Wednesday defended the special counsel who pursued criminal charges against Donald Trump, his first public…

Bud Light loses spot as top-selling U.S. beer in May in the wake of boycott fight

Bud Light lost its top spot in the U.S. beer market last month, as the brand’s sales sagged following a…

Fed holds off on rate hike, but says two more are coming later this year

WASHINGTON —  The Federal Reserve on Wednesday decided against what would have been an 11th consecutive interest rate increase as…

Trump post-arraignment donor dinner was full of crab cakes, burgers and rage

Former President Donald Trump met privately with more than two dozen top donors and supporters Tuesday night, as he sought…

Senate Democrats press for Justice Department inquiry into PGA Tour-LIV Golf merger

WASHINGTON — Two top Senate Democrats with a track record of scrutinizing business and antitrust activity have called for a…

Stocks making the biggest moves midday: Logitech, Toyota, UnitedHealth, AMD and more

Check out the companies making headlines in midday trading. Logitech — Shares tumbled 11.1% after the company announced president and…

Blinken reschedules trip to China for this week after postponing for months over spy balloon

WASHINGTON — Secretary of State Antony Blinken will travel to Beijing this week to meet with senior Chinese officials, the State Department…

Pence says he can’t defend alleged Trump crimes in classified documents indictment

Former Vice President Mike Pence said Wednesday he could not defend the criminal allegations against Donald Trump, his former boss…

Stocks making the biggest moves premarket: Toyota, AMD, Shell, UnitedHealth and more

Check out the companies making the biggest moves in premarket trading. Toyota — The Japan-based automaker’s shares jumped about 5%…