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The Latest: Fed sees 'modest lift' to growth from tax cuts

WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local):; 3:05 p.m. Federal Reserve Chair Janet Yellen says that she and her colleagues expect a "modest lift" to economic growth from the tax cuts…

Fed rate increase is 3rd this year; foresees 3 more in 2018

WASHINGTON (AP) — The Federal Reserve is raising its key interest rate for the third time this year and foresees three additional hikes in 2018, a vote of confidence that the U.S. economy remains on solid footing 8½ years after the end of…

Cellphone company T-Mobile to launch TV service next year

NEW YORK (AP) — T-Mobile is launching a TV service next year, becoming the latest company to marry wireless and video.

Fed boosts key interest rate for third time this year to range of 1.25 percent to 1.5 percent


WASHINGTON (AP) — Fed boosts key interest rate for third time this year to range of 1.25 percent to 1.5 percent .

Top Stories in last day


US stocks moving higher following of Fed rate hike

U.S. stocks were moving higher in afternoon trading Wednesday following the Federal Reserve's widely expected decision to raise short-term interest rates for the third time this year. The central bank also said that the U.S. economy was on…


Target aims to boost same-day delivery by acquiring Shipt

NEW YORK (AP) — Target plans to boost its same-day delivery capability by paying $550 million for Shipt, its latest move to try to catch up with Amazon. Shipt, which charges members $99 a year, sends people out to choose and deliver…


Venezuelans seeing bitcoin boom as survival, not speculation

CARACAS, Venezuela (AP) — In the last month, John Villar has bought two plane tickets to Colombia, purchased his wife's medication and paid the employees of his startup business in Venezuela — all in bitcoin.


Polish top journalists oppose fine on US-owned broadcaster

WARSAW, Poland (AP) — The jury of Poland's main journalism award has condemned the imposition by a state regulator of a heavy fine on a private American-owned television station for its coverage of 2016 anti-government protests.

That new store card could torpedo your credit score

Getting a deal during the holidays is a great American tradition. So when a sales clerk cheerfully asks, "Would you like to save 20 percent on your purchases today by opening a card with us?" it fits right in.

Spirit Airlines picks insider to become next CEO in 2019


MIRAMAR, Fla. (AP) — Spirit Airlines Inc. says CEO Robert Fornaro will step down in January 2019 and be replaced by the company's current chief financial officer, Ted Christie.


Apple has its investment shoes on this week

SHERMAN, Texas (AP) — Apple has made its second notable investment this week, the latest into the facial recognition technology company, Finisar.

Gasoline prices lift US consumer inflation 0.4 percent

WASHINGTON (AP) — Surging gasoline prices pulled U.S. consumer inflation up 0.4 percent in November.


Edmunds: Best Year-End Car Deals for 2017

Every December, carmakers and dealerships scramble to hit end-of-year goals and sell off vehicles from the outgoing model year. But this December might be one for the record books. Inventory is at unusually high levels, and the push to…


Monkey selfies, eclipse, bitcoin, Lauer top Google in 2017

SAN FRANCISCO (AP) — Matt Lauer. Bitcoin. DACA. Monkey selfies. Jeremy Lin's hair. Do-it-yourself eclipse glasses. Tom Petty's death. National anthem protests in the NFL. And "Cash Me Outside."

3 things to watch for from the Federal Reserve on Wednesday

WASHINGTON (AP) — On the day when Janet Yellen will hold her final news conference as Federal Reserve chair, the Fed has left little doubt what it plans to do Wednesday: Raise its benchmark interest rate for the third time this year.


Asian stocks mixed ahead of Fed rate announcement

BEIJING (AP) — Asian stocks were mixed Wednesday following overnight gains on Wall Street as investors looked ahead to a likely U.S. interest rate hike.


Toshiba, Western Digital make peace on sale of chip unit

TOKYO (AP) — Toshiba Corp. and its joint venture partner Western Digital have made peace over the embattled Japanese electronics giant's plan to sell its flash memory unit to raise cash to stay afloat.


New Zealand space launch scrubbed from remote launch site

WELLINGTON, New Zealand (AP) — A space launch was scrubbed Tuesday from a remote launch site in New Zealand after an engine glitch caused engineers to abort the flight.


Some of Facebook's early friends now its sharpest critics

NEW YORK (AP) — Some of Facebook's former friends are starting to express some serious doubts about the social network they helped create.


House and Senate tax bills treat disaster victims unequally

If the House Republican tax bill became law, victims of hurricanes in Texas and Florida who've yet to account for all their losses could deduct them on their 2018 taxes. Not so for victims of the California wildfires.

Tuesday, Dec 12

The Latest: Jerry Brown to Trump: "Get out of the way"

PARIS (AP) — The Latest on the climate summit taking place in Paris (all times local):; 7:10 p.m. California Gov. Jerry Brown is urging President Donald Trump to start fighting climate change or to "get out of the way" and let the rest of…

World stocks turn higher as investors eye Fed decision

TOKYO (AP) — World stocks turned higher in European trading hours on Tuesday as investors looked ahead to a slew of central bank decisions, including the Federal Reserve, which was expected to raise interest rates.

Asian shares fall back as investors show caution over China

TOKYO (AP) — Shares were mostly lower in Asia on Tuesday as investors stepped back after several days of advances, erasing early gains. Markets are awaiting the Federal Reserve meeting on Wednesday and the outcome of a major Chinese…

Bitcoin futures soar amid frenzy over virtual currency

NEW YORK (AP) — Wall Street got its first taste of bitcoin on Monday, with the price of the first-ever futures contract for the digital currency jumping 20 percent.

Monday, Dec 11

The Latest: Bitcoin futures end 1st day 20 pct higher

CHICAGO (AP) — The Latest on the debut of bitcoin futures trading (all times local):; 3:50 p.m. The first-ever futures contract for the digital currency bitcoin closed Monday at $18,545, ending its initial day of trading with a 20 percent…

In tax push, Trump's team uses a dubious growth estimate

WASHINGTON (AP) — The Treasury Department just gave Republicans ammunition that their tax cuts would pay for themselves.

US job openings slip in October, but hiring increased

WASHINGTON (AP) — U.S. employers posted slightly fewer job openings in October than the previous month, but the number of people being hired improved.

Global stocks mostly rise on economic growth hopes

TOKYO (AP) — Stock markets are mostly higher on Monday as upbeat U.S. jobs data from last week and signs of progress in the Brexit talks continued to support investor sentiment.

Sunday, Dec 10

German intelligence warns of increased Chinese cyberspying

BERLIN (AP) — The head of Germany's domestic intelligence agency warned Sunday that China allegedly is using social networks to try to cultivate lawmakers and other officials as sources.

Insider Q&A: PayPal founder talks digital payments, bitcoin

SAN FRANCISCO (AP) — Max Levchin helped introduce the masses to the concept of a digital wallet when he co-founded PayPal in the late 1990s.

Friday, Dec 8

S&P 500 returns to record following strong US jobs report

NEW YORK (AP) — Stocks rose Friday following a better-than-expected U.S. jobs report, and the strong finish pushed the Standard & Poor's 500 index to its third straight weekly gain despite some weakness earlier in the week.

A stronger global economy is helping boost the US job market

WASHINGTON (AP) — U.S. employers added a substantial 228,000 jobs in November, a sign of the job market's enduring strength in the economy's ninth year of expansion, and the unemployment rate held at a 17-year low of 4.1 percent.

California sent fire danger text alert to 12 million people


LOS ANGELES (AP) — Millions of Southern Californians already dealing with a siege of destructive wildfires received an unprecedented text alert warning them to be ready for extreme fire potential early Thursday, but conditions turned out…

Bitcoin soars then falls back; banks raise risk concerns

NEW YORK (AP) — The price of bitcoin swung wildly Thursday, rising to more than $19,000 only to fall sharply within minutes, as both the euphoria and anxiety surrounding the virtual currency escalated just days before trading in bitcoin…