statement released

NEW YORK | The Latest: Markets turn lower after Fed raises rates

NEW YORK — The Latest on the Federal Reserve‘s monetary policy meeting (all times local): 3:17 p.m. The stock market gave up an early gain and was broadly lower in afternoon trading after the Federal Reserve raised interest rates and said it would continue to raise rates next year. The decision announced Wednesday may not … Continue reading NEW YORK | The Latest: Markets turn lower after Fed raises rates

NEW YORK | The Latest: Fed hikes key rate 4th time in 2018

NEW YORK— The Latest on the Federal Reserve’s monetary policy meeting (all times local): 2:00 p.m. The Federal Reserve hiked a key short-term interest rate for the fourth time this year, a choice meant to temper inflation after months of steady and solid job growth. Fed officials voted unanimously to increase the federal funds rate … Continue reading NEW YORK | The Latest: Fed hikes key rate 4th time in 2018

WASHINGTON | Trump says no new Saudi punishment for Khashoggi murder

WASHINGTON  — President Donald Trump said Tuesday the U.S. will not punish Saudi Crown Prince Mohammed bin Salman at this time nor cut arms sales to Saudi Arabia for the killing of U.S.-based columnist Jamal Khashoggi. Trump called the killing of Khashoggi inside the Saudi consulate in Istanbul a “horrible crime” that the U.S. does … Continue reading WASHINGTON | Trump says no new Saudi punishment for Khashoggi murder

WASHINGTON | The Latest: Avenatti released after domestic violence charge

WASHINGTON — The Latest on Michael Avenatti (all times local): 8:50 p.m. Michael Avenatti has been released from police custody following his arrest on a felony domestic violence charge in Los Angeles. As he walked out of the police station Wednesday, Avenatti told reporters he “has never struck a woman.” He says he has been … Continue reading WASHINGTON | The Latest: Avenatti released after domestic violence charge

WASHINGTON | The Latest: Avenatti calls accusations ‘completely bogus’

WASHINGTON  — The Latest on Michael Avenatti (all times local): 8:20 p.m. Michael Avenatti says the domestic violence allegations that led to his arrest by Los Angeles police are “completely bogus.” Avenatti says in a statement released by his law firm Wednesday that the accusations were “fabricated and meant to do harm to my reputation.” … Continue reading WASHINGTON | The Latest: Avenatti calls accusations ‘completely bogus’

SYDNEY | The Latest: IS claims responsibility for Australia attack

SYDNEY— The Latest on a knife attack in Melbourne (all times local): 10:45 p.m. The Islamic State group has claimed responsibility for an attack in Australia that police say was linked to terrorism. Police say the driver of a pickup truck got out of his vehicle, which then caught fire, and attacked three bystanders with … Continue reading SYDNEY | The Latest: IS claims responsibility for Australia attack

CAIRO | EgyptAir seeks to shift blame for Drew Barrymore interview

CAIRO  — EgyptAir is trying to shift the blame to a local advertising agency for a bizarre article in its in-flight magazine purportedly based on an interview with actress Drew Barrymore. The airline said in a statement released on Monday that it has an agreement with Al-Ahram advertising agency, which edits articles and interviews for … Continue reading CAIRO | EgyptAir seeks to shift blame for Drew Barrymore interview

SAN ANTONIO |Bob Bass, former GM in San Antonio and Charlotte, dead at 89

SAN ANTONIO— Bob Bass, the former San Antonio and Charlotte general manager who was an integral part of the front office for most of the Spurs’ first 20 years in South Texas, has died. He was 89. Bass’ death was confirmed by the club Saturday in a statement from coach Gregg Popovich. The San Antonio … Continue reading SAN ANTONIO |Bob Bass, former GM in San Antonio and Charlotte, dead at 89