Bonds

House Democrats likely to punt on budget

House Democratic leaders appear likely to give up on passing a budget this year rather than trying to bridge divisions between progressives seeking more money for domestic programs and members in swing districts who fear being attacked on tax hikes.

Yield-curve inversion: Why you should care

Recession ahead? Let's just say it has a pretty darn good record and with many areas around the globe already having issues, one must question whether the U.S. will be immune.

Business Highlights

___ Federal Reserve foresees no interest rate hikes in 2019 WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged and projected no rate hikes in 2019, dramatically underscoring its plan to be "patient" about any further increases.