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What's News: Business & Finance -- WSJ

09/17/2020 | 02:48am

The Fed pledged to support the economic recovery by setting a higher bar to raise interest rates and by signaling it expected to hold rates near zero for at least three more years.

Trump administration officials are looking to give U.S. investors a majority share of the company that will take over the Chinese-owned app TikTok.

House Democrats issued a report revealing new details on how Boeing design errors, lax government oversight and lack of transparency set the stage for two fatal 737 MAX crashes.

Snowflake's shares skyrocketed in their trading debut, giving the biggest tech IPO of the year a market value of $70.4 billion.

The S&P 500 and Nasdaq retreated 0.5% and 1.25%, respectively, while the Dow edged up 0.1%

U.S. consumers increased retail spending in August for the fourth straight month but at a slower pace than earlier in the summer.

Amazon's music service launched into podcasting, becoming the latest entrant to the rapidly expanding medium.

Deutsche Bank told U.S. employees working from home during the pandemic that they don't have to return to the office until July.

Many factory workers are staying home to watch children who aren't at day care or school because of the pandemic.

 

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