The Federal Reserve has said it will be “patient” about changing interest rates, marking a shift from earlier statements that suggested further gradual hikes. US central bank officials cited muted inflation and recent economic “cross currents” to explain the shift. They issued the statement after the Fed’s January meeting, where they held interest rates unchanged, […]

President Donald Trump’s decision to endorse a deal to reopen the federal government for three weeks on Friday came amid mounting pressure to end the impasse. Here are four reasons from the business world why the White House blinked. 1. The travel industry was stressed. Delays at major airports on Friday brought to a head […]