Business
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.
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.
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.
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.
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.
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