• Business Highlights

    11 monthes ago - By Chron

    Fed raises key rate and sees possible acceleration in hikes
    WASHINGTON - The Federal Reserve took note of a resilient U.S. economy Wednesday by raising its benchmark interest rate for the second time this year and signaling that it may step up its pace of rate increases. The Fed now foresees four rate hikes this year, up from the three it had previously forecast. The action means consumers and businesses will face higher loan rates over time.
    Comcast challenges Disney with $65B bid for Fox
    NEW YORK - Comcast is making a $65 billion bid for Fox's entertainment businesses, setting up a...
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