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Economy

Fed Holds Interest Rates Steady: Live Updates

Evan Harrington

Policymakers at the Federal Reserve will announce their latest decision on interest rates on Wednesday, and although they are expected to keep rates steady, their assessment of the economy often…

Economy

Biden to Travel to Minnesota to Highlight Rural Investments

Evan Harrington

The White House on Wednesday will announce more than $5 billion in funding for agriculture, broadband and clean energy needs in sparsely populated parts of the country as President Biden…

Economy

News Group Says A.I. Chatbots Heavily Rely on News Content

Evan Harrington

News publishers have argued for the past year that A.I. chatbots like ChatGPT rely on copyrighted articles to power the technology. Now the publishers say developers of these tools disproportionately…

Economy

What to Watch for as the Federal Reserve Meets This Week

Evan Harrington

Strong consumer spending may keep officials alert.While the Fed is dealing with the possibility that higher market-based interest rates will weigh on the economy, they are also confronting another potential…

Economy

A Key Measure of Wages Grew at a Moderate Pace This Summer

Evan Harrington

A measure of pay and benefits that officials at the Federal Reserve have been watching closely as they try to gauge the heat of the labor market grew at a…

Economy

Middle East War Could Cause Oil Price Shock, World Bank Warns

Evan Harrington

A major escalation of the war between Israel and Hamas — one that spilled over into a broader Middle East conflict — could send oil prices surging as much as…