Economic policy

Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee, Wednesday, Sept. 18, 2019, in Washington. (AP Photo/Patrick Semansky)
September 18, 2019 - 1:03 pm
The Federal Reserve has cut its benchmark interest rate again, big news for the U.S. economy but something that will likely have a muted impact on Americans' personal finances, experts say. That's because the reduction doesn't offset the increases of recent years. And as the key rate creeps closer...
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FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. On Wednesday, Sept. 18, the Federal Reserve releases its latest monetary policy statement. (AP Photo/Manuel Balce Ceneta, File)
September 18, 2019 - 11:10 am
WASHINGTON (AP) — A sharply divided Federal Reserve cut its key benchmark interest rate for a second time this year while saying it's prepared to continue doing what it deems necessary to sustain the U.S. economic expansion. The Fed's move will reduce its benchmark rate by an additional quarter-...
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FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. On Wednesday, Sept. 18, the Federal Reserve releases its latest monetary policy statement. (AP Photo/Manuel Balce Ceneta, File)
September 18, 2019 - 11:09 am
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 2:05 Federal Reserve officials are divided on the future path for their benchmark interest rate. After cutting rates for the second time this year on Wednesday, forecasts show that seven out of 17...
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Floor governor Michael Smyth works at the New York Stock Exchange, Wednesday, Sept. 18, 2019. The Federal Reserve is expected to announce its benchmark interest rate later in the day. (AP Photo/Mark Lennihan)
September 18, 2019 - 8:52 am
NEW YORK (AP) — The latest on developments in financial markets (all times local): 11:50 a.m. Stocks are lower at midday on Wall Street Wednesday ahead of the Federal Reserve's latest decision on interest rates. Investors are expecting a small cut to rates and will be watching for any clues about...
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Stock traders John Santiago, left, and Paul Cosentino work at the New York Stock Exchange, Wednesday, Sept. 18, 2019. The Federal Reserve is expected to announce its benchmark interest rate later in the day. (AP Photo/Mark Lennihan)
September 18, 2019 - 8:19 am
NEW YORK (AP) — Stocks moved broadly lower on Wall Street in midday trading Wednesday ahead of a highly anticipated decision from the Federal Reserve on interest rates. The Fed is expected to cut its benchmark interest for a second time this year. Close attention will be paid to any clues Fed...
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FILE - In this Thursday, Sept. 12, 2019, file photo, Sen. Bernie Sanders, I-Vt., left, and former Vice President Joe Biden speak during a Democratic presidential primary debate hosted by ABC at Texas Southern University in Houston. A feud between two leading Democratic presidential candidates, Biden and Sanders, is intensifying in the high-stakes fight for organized labor. The high-profile Democrats sought to undermine each other's credibility Tuesday as they faced hundreds of union members who gathered for an AFL-CIO conference in Philadelphia. (AP Photo/David J. Phillip, File)
September 17, 2019 - 4:37 pm
PHILADELPHIA (AP) — The high-stakes fight for working-class voters moved to Pennsylvania on Tuesday as a slate of Democratic White House hopefuls vowed to use the power of the presidency to crack down on corporate America and strengthen organized labor. But beneath all the agreement at the AFL-CIO...
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FILE - In this Sept. 13, 2019, file photo trader Timothy Nick, left, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Sept. 17. (AP Photo/Richard Drew)
September 17, 2019 - 8:58 am
NEW YORK (AP) — U.S. stocks stalled in midday trading Tuesday as investors await updates on oil output at a damaged Saudi Aramco facility and look ahead to a key interest rate decision from the Federal Reserve. Energy companies gave back some of Monday's gains as the price of oil retreated. U.S...
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In this Wednesday, Sept. 11, 2019, photo, a man checks on the robotic arms at a factory making industrial robots in Zhengyu town of Haimen city in east China's Jiangsu province. A Chinese envoy is going to Washington on Wednesday, Sept. 18, to prepare for trade negotiations. The announcement Tuesday, Sept. 17, follows conciliatory gestures by both sides ahead of the October talks on their fight over trade and technology, which threatens to dampen global economic growth. (Chinatopix via AP)
September 16, 2019 - 11:10 pm
BEIJING (AP) — A Chinese envoy will head to Washington on Wednesday to prepare for trade negotiations. The announcement Tuesday follows conciliatory gestures by both sides ahead of the October talks on their fight over trade and technology, which threatens to dampen global economic growth. A deputy...
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September 16, 2019 - 11:08 pm
TOKYO (AP) — Officials in Japan appear wary over the prospects for a trade deal with the U.S. after President Donald Trump said he was prepared to sign a pact soon. Japan's chief government spokesman, Yoshihide Suga, said Tuesday that the two sides are still finalizing details after reaching a...
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This image provided on Sunday, Sept. 15, 2019, by the U.S. government and DigitalGlobe and annotated by the source, shows damage to the infrastructure at Saudi Aramco's Kuirais oil field in Buqyaq, Saudi Arabia. The drone attack Saturday on Saudi Arabia's Abqaiq plant and its Khurais oil field led to the interruption of an estimated 5.7 million barrels of the kingdom's crude oil production per day, equivalent to more than 5% of the world's daily supply. (U.S. government/Digital Globe via AP)
September 16, 2019 - 5:11 pm
WASHINGTON (AP) — The Latest on tensions in the Persian Gulf and the fallout after weekend attack on major oil sites in Saudi Arabia (all times local): 5:10 p.m. Saudi Arabia says its initial investigations indicate that Iranian weapons were used in attacks on key oil installations and it "will...
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