Economic Indicators

___ Powell says Fed likely to end bond trimming by end of 2019 WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says that the Federal Reserve is close to announcing a plan to bring to an end the reduction of the size of its massive bond portfolio.

U.S. stocks are moving lower in morning trading Wednesday as traders keep a wary eye on a flare-up in tensions between India and Pakistan.

Gov. Gretchen Whitmer said Wednesday that Michigan's incentives for Fiat Chrysler to add 6,500 jobs in the state will not require legislative approval.

The latest on developments in financial markets (all times local): 9:35 a.m.

Three former executives of German gun maker Sig Sauer have reached a deal that will spare them jail time over allegations they illegally sold firearms to Colombia.

Federal Reserve Chairman Jerome Powell is delivering his second day of testimony to Congress, this time to the House Banking Committee, now controlled by Democrats.

The Latest on the negotiations on Brexit (all times local): 9:35 a.m.

The e-commerce giant intends to sublease space in a Seattle tower.

The U.S. government may run out of cash by the end of the fiscal year if Congress doesn’t raise the nation’s debt limit.

The U.S. central bank is close to announcing the reduction of bonds it’s holding on its $4 trillion balance sheet.

Preliminary data from the federal government say U.S. lobster exports to China held steady this year, despite tariffs imposed during trade hostilities between the two countries.

Greece's bailout creditors say the country has fallen behind on several key reforms that have been set as a condition for debt relief.

The Latest on Federal Reserve Chairman Jerome Powell's testimony to the Congress (all times local): ___ 11:40 a.m.

A U.S.-China trade agreement is far from being completed and will require much more work, particularly on enforcement, the U.S. official negotiating the pact told a House panel.

There is a growing movement among Democrats to shun donations from corporations and lobbyists.

In fact, the overwhelming majority of taxpayers are enjoying a net reduction in taxes, thanks to the new tax law.

President Trump says the North Korean economy could thrive if the country denuclearizes.

The Commerce Department also reported retail inventories increased 0.9 percent in December after falling 0.4 percent in the prior month.

More Americans signed contracts to buy homes in January as lower mortgage rates appeared to give the real estate market a boost.

Pending home contracts are seen as a forward-looking indicator of the health of the housing market.