Economic Indicators

Trump cancels meeting with Putin as he heads to G-20 summit

President Donald Trump abruptly canceled a planned meeting with Russian President Vladimir Putin as he headed to the Group of 20 Nations summit Thursday, citing Russia's seizure of Ukrainian vessels as a source of tension in a relationship he has fostered in the face of criticism.

Business Highlights

___ Police raid Deutsche Bank offices in money laundering case BERLIN (AP) — German authorities have raided Deutsche Bank's headquarters amid suspicions that its employees helped clients set up offshore companies that were used to launder hundreds of millions of euros.

Fed officials express caution about pace of future hikes

Federal Reserve officials earlier this month appeared on track to raise its key interest rate again in December, but they signaled that the pace of future rate hikes might need to slow given emerging risks to the economy.