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Fed again poised to cut longer-run interest rate forecast

SAN FRANCISCO/NEW YORK U.S. Federal Reserve policymakers are set this week to again cut their forecasts for how high interest rates will need to go in an economy where output, productivity and inflation are growing at a slower pace than in past decades.

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JPMorgan names Warren Buffett investment lieutenant to board

JPMorgan Chase & Co said on Tuesday it elected Todd Combs, a stockpicking deputy of billionaire investor Warren Buffett, to its board of directors.

7:06am EDT

Oil falls on U.S. crude stock rise, Venezuela warning

LONDON Oil prices edged lower on Tuesday ahead of an expected build in U.S. crude oil stocks and on Venezuelan comments that the oil market remains oversupplied by 10 percent.

4:56am EDT

Bitcoin is money, U.S. judge says in case tied to JPMorgan hack

NEW YORK Bitcoin qualifies as money, a federal judge ruled on Monday, in a decision linked to a criminal case over hacking attacks against JPMorgan Chase & Co and other companies.

Tech, Cybersecurity, Money Sep 19 2016

GlaxoSmithKline names insider Emma Walmsley as new CEO

LONDON GlaxoSmithKline said on Tuesday it had chosen its head of consumer healthcare, Emma Walmsley, as its new chief executive, after several months reviewing internal and external candidates.

6:10am EDT

GM sets Bolt electric car price at $37,495

DETROIT General Motors Co on Tuesday announced its Chevrolet Bolt electric vehicle will cost under $30,000 after tax breaks, a price that makes it significantly cheaper than the average new U.S. vehicle and sets up a test of whether the technology can go mainstream in the United States.

12:42am EDT

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