Energy in America

Business Highlights

___ Fed raises rates for 3rd time this year with 1 more expected WASHINGTON (AP) — The Federal Reserve signaled confidence in the U.S. economy by raising a key interest rate for a third time this year, forecasting another rate hike before year's end and predicting that it will continue to tighten credit into 2020 to help manage growth and inflation.

Edmunds: How to shop for an electric car

Even though electric vehicles account for just a fraction of overall car sales, they are slowly gaining favor with buyers, particularly as second cars for daily commuting.

Asian victors may find anti-China campaign vows hard to keep

Three Muslim-majority South Asian countries have elected leaders who campaigned on a promise to temper Beijing's growing influence, but analysts say reducing China's foothold won't be easy because of the billions of dollars spent and invested already.

Push to end bullet train in 2020 could signal GOP strategy

Opponents of the California gas tax increase passed by state legislators last year to finance infrastructure improvements are proposing a new ballot measure for 2020 aimed at creating a new financing arrangement and eliminating the state's high speed rail project.