Government And Institutions

President-elect Donald Trump has pledged deep tax cuts and increased infrastructure spending to restore lost jobs, accelerate the economy and bring prosperity to more Americans.

President-elect Donald Trump has pledged deep tax cuts and increased infrastructure spending to restore lost jobs, accelerate the economy and bring prosperity to more Americans.

A voter-approved law allowing adults to possess, grow and use limited amounts of recreational marijuana took effect Thursday in Massachusetts, but it will still be at least another year before the state issues retail licenses to sell the drug.

A voter-approved law allowing adults to possess, grow and use limited amounts of recreational marijuana took effect Thursday in Massachusetts, but it will still be at least another year before the state issues retail licenses to sell the drug.

The Latest on Uber's launch of self-driving cars in San Francisco (all times local): 3:50 p.m.

The Latest on Uber's launch of self-driving cars in San Francisco (all times local): 3:50 p.m.

If you're about to buy a home, shop for a car or borrow for college, the pros have some advice: Go ahead.

If you're about to buy a home, shop for a car or borrow for college, the pros have some advice: Go ahead.

The Federal Reserve has raised a key interest rate in response to a strengthening U.S. economy and expectations of higher inflation, and it foresees three more rate hikes in 2017.

The Federal Reserve has raised a key interest rate in response to a strengthening U.S. economy and expectations of higher inflation, and it foresees three more rate hikes in 2017.

Federal prosecutors have charged two former pharmaceutical executives with fixing prices of generic drugs, part of an ongoing government investigation into anticompetitive tactics by companies that make lower-cost drugs intended to reduce medication costs.

Federal prosecutors have charged two former pharmaceutical executives with fixing prices of generic drugs, part of an ongoing government investigation into anticompetitive tactics by companies that make lower-cost drugs intended to reduce medication costs.

The Latest on the Federal Reserve's monetary policy meeting (all times local): 5:35 a.m.

The Latest on the Federal Reserve's monetary policy meeting (all times local): 5:35 a.m.

The U.S. Federal Reserve raised interest rates by a quarter point on Wednesday and signaled a faster pace of increases in 2017 as the Trump administration takes over with promises to boost growth through tax cuts, spending and deregulation.

The U.S. Federal Reserve raised interest rates by a quarter point on Wednesday and signaled a faster pace of increases in 2017 as the Trump administration takes over with promises to boost growth through tax cuts, spending and deregulation.

Well, finally: To the surprise of almost no one, Federal Reserve policymakers decided Wednesday to raise short-term U.S. interest rates for the first time in a year.

Well, finally: To the surprise of almost no one, Federal Reserve policymakers decided Wednesday to raise short-term U.S. interest rates for the first time in a year.

Below is the statement the Fed released Wednesday after its policy meeting ended: Information received since the Federal Open Market Committee met in November indicates that the labor market has continued to strengthen and that economic activity has been expanding at a moderate pace since mid-year.

Below is the statement the Fed released Wednesday after its policy meeting ended: Information received since the Federal Open Market Committee met in November indicates that the labor market has continued to strengthen and that economic activity has been expanding at a moderate pace since mid-year.