WASHINGTON — With inflation edging closer to the Federal Reserve’s 2% target, its policymakers are facing — and in some cases fueling — hopes that they will make a decisive shift in policy and cut interest rates next year, possibly as soon as spring. Such a move would reduce borrowing costs across the economy, making mortgages, auto loans and business borrowing less expensive. Stock prices…

US consumer inflation eased in November as gas prices fell, signaling a further cooling of most price pressures ByThe Associated Press December 12, 2023, 8:33 AM WASHINGTON — US consumer inflation eased in November as gas prices fell, signaling a further cooling of most price pressures. Read More

A federal court jury has decided that Google’s Android app store has been protected barriers that unfairly harm rivals ByThe Associated Press December 11, 2023, 7:18 PM SAN FRANCISCO — A federal court jury has decided that Google’s Android app store has been protected barriers that unfairly harm rivals. Top Stories Delta flight carrying 270 diverted to remote Canadian town Dec 12, 6:01 AM Trump…

Floods, fires, historic storms — severe weather events are on the rise. If your home was hit by high water or a wildfire, would your important papers be safe? “Unfortunately, I’ve had clients who’ve been victims of fires, flooding, hurricanes,” says Sev Tamayo, an agent with Goosehead Insurance in Palm Coast, Florida. “Some of them were prepared and some of them weren’t.” Don’t be unprepared….

The World Bank says Myanmar’s economy is forecast to grow only 1% in the fiscal year that ends in March ByThe Associated Press December 12, 2023, 9:41 AM FILE – In this photo provided by the Kokang online media, members of an ethnic armed forces group, one of the three militias known as the Three Brotherhood Alliance, check weapons the group allegedly seized from Myanmar’s…

The ousted leader of ChatGPT maker OpenAI will return to the company that fired him just days ago, concluding a short but chaotic power struggle that shocked the tech industry and underscored the conflicts around how to safely build artificial intelligence. The San Francisco-based company said late Tuesday that it “reached an agreement in principle” for co-founder Sam Altman to return as CEO under a…

SAN JOSE, California — Computer chip and software maker Broadcom has announced it has cleared all regulatory hurdles and plans to complete its $69 billion acquisition of cloud technology company VMware on Wednesday. The company, based in San Jose, California, announced it planned to move ahead with the deal after China joined the list of countries that had given a go-ahead for the acquisition. Broadcom…

Broadcom says it has cleared all regulatory hurdles for acquiring VM Ware and plans to close the deal on Wednesday. ByThe Associated Press November 22, 2023, 3:29 AM SAN JOSE, California — Broadcom says it has cleared all regulatory hurdles for acquiring VM Ware and plans to close the deal on Wednesday. Top Stories At 14 he slaughtered the woman who raised him and at…

NEW YORK — Consumers are expected to use “buy now, pay later” payment plans heavily this holiday season, a forecast that bodes well for retailers but that has credit experts again sounding alarm bells. The short-term loans often come with consumer-friendly interest rates and allow shoppers to make an initial payment at checkout, then pay the rest in installments, typically over a few weeks, even…

BANGKOK — Shares were mostly lower in Asia on Thursday after a modest advance on Wall Street that kept the market on track for a fourth straight weekly gain. Markets in Japan and the U.S. are closed Thursday for holidays. Oil prices fell about $1 a barrel after OPEC postponed until next week a meeting to discuss production cuts. The oil cartel has been maintaining…