The Fed

A Trump dilemma: Finding a dovish GOP ally to serve on Fed

The skeptical response to President Donald Trump's choice of Stephen Moore for the Federal Reserve has thrown a spotlight on the tough task Trump has set for himself: Finding a rare conservative ally who both favors cutting interest rates and is respected enough to win Senate confirmation.

How the major US stock indexes fared Wednesday

U.S. stocks gave up some early gains and ended broadly lower Wednesday after the head of the Federal Reserve appeared to play down the possibility of an interest rate cut this year, something some investors had been hoping for.

Business Highlights

___ Many college grads feel their grip on middle class loosening WASHINGTON (AP) — A college degree has long been a ticket to the U.S. middle class.