Trump announces Fed cut, rate hike, inflation targets

PRESIDENT DONALD TRUMP signed a $1.4 trillion, 3-year stimulus package Monday, ending a year-long recession that triggered a recession and a global financial crisis.The U.S. Federal Reserve will increase its benchmark interest rate by 0.25 percentage points from its December 2 target of 1.5%.The central bank has already signaled that it will cut its benchmark […]

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US judge dismisses antitrust suit against Amazon, Intel and other companies

By TIMOTHY GREENHOUSE and DAVID MACK and ROBERT BUCKIERTAPUSWASHINGTON (AP) A federal judge dismissed a lawsuit accusing five companies of monopolizing the market for e-commerce services and demanding they pay billions of dollars in damages.The lawsuit, filed in 2016 by an alliance of companies including Amazon, Dell and eBay, sought to stop the companies from […]

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