Daily Archives: 12/19/2018


US Central Bank Boosts Benchmark Interest Rate

The independent U.S. central bank raised borrowing rates Wednesday for the fourth time this year, dismissing President Donald Trump’s contention that policymakers ought not tinker with the country’s robust economy, the world’s largest.    The Federal Reserve board voted 10-0 after …


DC Sues Facebook Over Cambridge Analytica’s Data Use

The attorney general for Washington, D.C., said Wednesday that the nation’s capital had sued Facebook over reports involving Cambridge Analytica’s use of data from the social media giant. “Facebook failed to protect the privacy of its users and deceived them about who had …


US, China Spar Over Trade at WTO

The United States and China blamed each other for the crisis in the world trading system during a two-day “trade policy review” of the United States at the World Trade Organization. The Chinese representative to the WTO, Hu Yingzhi, accused …


Poland Signs 20-Year Deal to Buy Natural Gas From the US

Poland has signed a long-term deal with a U.S. company for supplies of liquefied natural gas as part of an effort to reduce its dependence on Russian energy, the two sides announced on Wednesday. Port Arthur LNG, a subsidiary of …


US Teams to Play in European Snow Volleyball Tour

When USA Volleyball asked four-time Olympian Lloy Ball to put together a team for a snow volleyball tournament in Moscow this week, the 2008 gold medalist was eager to accept. Never mind that he’s never played on the snow before. …


White House, Congress Appear Headed Toward Funding Extension

The White House and Congress appeared headed toward agreement Wednesday on a stopgap spending plan to avert a partial government shutdown at midnight Friday, but it does not include the $5 billion President Donald Trump wanted for construction of a …