NATIONAL

Despite Trump Criticism, Fed Sees Need For More Rate Hikes

Powell
Federal Reserve policymakers are largely united on the need to raise borrowing costs further, minutes from their most recent policy meeting show, despite President Donald Trump's view that interest rate hikes have already gone too far.
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Fed

Trump Widens Fed Critique, Calls It 'My Biggest Threat'

President Donald Trump heaped more criticism on the Federal Reserve in an interview with Fox Business Network on Tuesday, extending his discontent beyond its chairman, Jerome Powell, whom he has frequently critiqued in public.
Facebook

Facebook To Ban Misinformation On Voting In Upcoming US Elections

Facebook Inc will ban false information about voting requirements and fact-check fake reports of violence or long lines at polling stations ahead of next month's U.S. midterm elections, company executives told Reuters, the latest effort to reduce voter manipulation on its service.
Dollar

US Government Posts Widest Deficit Since 2012

The U.S. government closed the 2018 fiscal year $779 billion in the red, its highest deficit in six years, as Republican-led tax cuts pinched revenues and expenses rose on a growing national debt, according to data released Monday by the Treasury Department.

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