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Federal Reserve Holds Rates Steady, Says Economy Is Strong

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The Federal Reserve held short-term interest rates steady Wednesday and offered an upbeat assessment of the economy’s performance, suggesting another interest-rate increase is likely at its next meeting.

The Fed repeatedly emphasized the economy’s strength in a statement released after its two-day policy meeting. It offered nothing to dispel market expectations that it would deliver its third interest-rate increase of the year when it meets in late September.

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U.S. announces first new North Korea sanctions since failed summit

22/03/2019, 6:04 AM

The United States imposed sanctions on Thursday on two Chinese shipping companies it says helped North Korea evade U.S. and international sanctions over its nuclear weapons program, the first such steps since U.S. President Donald Trump and North Korean leader Kim Jong Un’s summit collapsed last month.

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