Yellen Defends Fed Rate-Rise Plan Despite 'Mystery' of Low Inflation
Continue Reading Below
Federal Reserve Chairwoman Janet Yellen defended the central bank's projection for a gradual path of rate increases over the next few years, but said the Fed could consider a slower pace if low inflation proves persistent.
Atlanta Fed's Bostic Says He Is Comfortable With Idea of December Rate Rise
In his first public remarks as a central banker, Atlanta Fed President Raphael Bostic said he is inclined to support another rate rise by the close of the year.
U.S. Officials Aim to Ease North Korea Tensions Amid Heated Rhetoric
U.S. officials emphasized the urgency of attempts at diplomacy to ease tensions with North Korea on Tuesday, while the U.S. stepped up sanctions amid an escalating war of words between Washington and Pyongyang.
Continue Reading Below
U.S. Treasury Adds Eight North Korean Banks to Sanctions List
The U.S. Treasury Department named eight North Korean banks and 26 individuals linked to the nation's financial networks to its sanctions list.
China Industrial-Profit Growth Accelerates
China's industrial-profit growth accelerated in August, driven by higher prices for industrial goods and lower production costs. Industrial profit rose 24% from a year earlier.
GOP Tax Plan to Allow for Top Individual Rate Above 35%
The Republican tax plan being released Wednesday will open the door to a top individual tax rate that is higher than the 35% that has been in previous plans, according to people familiar with the discussions.
U.S. Floats Nafta Proposal That Could Erode Copyright-Liability Protection
The U.S. has proposed copyright language in the North American Free Trade Agreement talks that could weaken internet companies' liability protections for pirated content.
U.S. Proposes to Boost Nafta's Labor Standards
The Trump administration introduced a proposal aimed at boosting labor standards among Nafta member countries, but it earned an immediate rebuke from union officials.
Puerto Rico Faces Restart on Financial Plan After Maria
It took months to put together a financial overhaul plan for Puerto Rico. Now officials may have to start over following Hurricane Maria.
Senate Scraps Vote on GOP Measure to Repeal Health Law
Republicans' latest push to dismantle the Affordable Care Act sputtered to an end on Tuesday when Senate GOP leaders scrapped a vote on a bill that had failed to gain sufficient traction within their party.
(END) Dow Jones Newswires
September 26, 2017 23:15 ET (03:15 GMT)