Business News

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)
Markets Right Now: Stocks sink then recover after Fed cutStocks are rebounding at the close of trading, led by banks and big tech names, after the Federal Reserve delivered an expected cut in interest rates.
The Associated Press15 minutes ago
Speaker of the House Nancy Pelosi, D-Calif., arrives for a closed-door meeting with the House Democratic Caucus, Wednesday, Sept. 18, 2019, at the Capitol in Washington. (AP Photo/J. Scott Applewhite)
Democrats block Pentagon funding bill as Senate leaders feudSenate Democrats have blocked debate on the almost $700 billion Pentagon budget and other spending bills amid a feud by the chamber's leaders
The Associated Press28 minutes ago
A worker gives the thumbs-up gesture to a passing motorist as he demonstratives outside a General Motors facility in Langhorne, Pa., Tuesday, Sept. 17, 2019. More than 49,000 members of the United Auto Workers walked off General Motors factory floors or set up picket lines early Monday as contract talks with the company deteriorated into a strike. (AP Photo/Matt Rourke)
Striking workers question whether UAW leaders can be trustedWith corruption probe in the background, many striking UAW workers wonder whether union leaders can be trusted
The Associated Press30 minutes ago
Federal Reserve Board Chair Jerome Powell walks to a podium to speak 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)
What the Fed's rate cut means for youThe Fed has lowered its benchmark rate but impact on consumers may be muted
The Associated Press38 minutes ago
Saudi-led group to construct gas pipeline in BulgariaBulgaria has signed 1.1 billion-euro construction contract ($1.2 billion) with a Saudi-led group for a natural gas pipeline that would link to the TurkStream pipeline project
The Associated Press42 minutes ago
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