Latest from Associated Press

• Dec 18, 2024

  Fed reduces key rate by a quarter-point, envisions fewer cuts in 2025

  

  “We’re closer to the neutral rate, which is another reason to be cautious about further moves,” said Fed Chair Jerome Powell.

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• Dec 11, 2024

  Albertsons gives up on Kroger merger, sues the grocery chain for failing to secure deal

  

  Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval for the $24.6 billion agreement.

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• Nov 7, 2024

  Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty

  

  The rate cut follows a larger half-point reduction in September.

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• Nov 6, 2024

  Donald Trump wins the White House

  

  With a win in Wisconsin, former President Donald Trump cleared the 270 electoral votes needed to clinch the presidency.

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• Sep 18, 2024

  Fed cuts interest rates by a half point, signaling end to its inflation fight

  

  The move was more aggressive than the quarter-point rate cut some analysts were expecting.

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• May 30, 2024

  Trump found guilty on all 34 charges in hush money trial

  

  Donald Trump just became the first former U.S. president to be convicted of felony crimes. Jurors deliberated for 9.5 hours.

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• Mar 28, 2024

  FTX founder Sam Bankman-Fried sentenced to 25 years in prison

  

  Crypto entrepreneur Sam Bankman-Fried was sentenced to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, the massive crypto exchange.

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• Mar 25, 2024

  Boeing CEO to step down this year, board chairman to exit, head of commercial airplanes retires

  

  CEO Dave Calhoun will step down at the end of the year following a series of mishaps from the plane maker.

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• Jan 31, 2024

  Fed leaves interest rates unchanged, signals cuts are likely months away

  

  “We want to see strong growth and a strong labor market,” said Federal Reserve Chair Jerome Powell.

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• Dec 13, 2023

  Federal Reserve keeps key interest rate unchanged and foresees 3 rate cuts next year

  

  “Inflation has eased over the past year but remains over our longer run goal of 2%,” Powell said

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