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Business

Federal Reserve cuts key rate, sees healthier economy next year

WASHINGTON (AP) — The Federal Reserve reduced its key interest rate by a quarter-point for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months. Chair Jerome Powell signaled at a news conference that the Fed would likely hold off on further ...

IM store owner is happy to help find the right fit

IRON MOUNTAIN — Flyvibez has moved to a new location in White Birch Plaza and is also changing the direction of its product line to offer more bras in all sizes and styles. Owner Ellie Reed saw a need for a place where women could get bras and she has been working to grow the selection ...

Inflation data keeps rate cut expectations on track

WASHINGTON (AP) — The Federal Reserve's preferred measure of inflation changed little in September, likely easing the way to a widely expected interest rate cut by the central bank next week. Prices rose 0.3% in September from August, the Commerce Department said Friday, in a report that ...