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 January indicates that the labor market remains strong but that growth of economic activity has slowed from its solid rate in the fourth quarter.

How major US stock indexes fared Wednesday

Stocks got a brief bump from news that the Federal Reserve doesn't plan to raise rates this year, but still ended mostly lower Wednesday after those gains faded.

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.

Shares in Germany's Bayer plunge on US weed killer ruling

Shares in Germany's Bayer have plunged after a U.S. jury found the Roundup weed killer was a substantial factor in a California man's cancer — the second case that has gone against manufacturer Monsanto, acquired by Bayer last year.