Economic Indicators

Text of the Fed's statement after its meeting Wednesday

Below is the statement the Fed released Wednesday after its policy meeting ended: Information received since the Federal Open Market Committee met in May indicates that the labor market remains strong and that economic activity is rising at a moderate rate.

Leaked email raises new questions about PolyMet water permit

A leaked email shows that a senior official sought to keep the public from knowing federal Environmental Protection Agency staffers' concerns about the pollution risks of a planned PolyMet copper-nickel mine in northeastern Minnesota, critics of the project contend.

Top US trade official plans to meet Chinese counterpart

The top U.S. trade negotiator says he will meet with his Chinese counterpart to discuss a trade dispute between the world's two biggest economies before a summit next week in Japan between Presidents Donald Trump and Xi Jinping of China.

Business Highlights

___ Facebook plans its own currency for 2 billion-plus users SAN FRANCISCO (AP) — Facebook has unveiled an ambitious plan to create a new digital currency for global use similar to Bitcoin.

How major US stock indexes fared Tuesday

Technology companies powered stocks solidly higher on Wall Street Tuesday as traders hoped that a meeting next week between President Donald Trump and President Xi Jinping of China will ease trade tensions between the two economic powers.