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Top ABC Columbia News
Federal Reserve · United StatesThe Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated.See the Story
Federal Reserve cuts key rate as government shutdown clouds economic outlook
61% Center coverage: 133 sources
APEC · United StatesAfter a charm offensive in Japan that culminated in $490 billion in investment commitments, President Donald Trump met with South Korea’s leader on Wednesday as a trade deal with that country appears more elusive. Top officials in Washington and and Seoul say the sticking point for an agreement continues to be the logistics behind Trump’s demand that South Korea invest $350 billion in the United States.See the Story
South Korea trade deal appears elusive as Trump seeks $350B investment
49% Center coverage: 130 sources
Business · Los AngelesParamount began significant layoffs Wednesday morning, with about 1,000 U.S.-based workers being let go in the first round, and roughly another 1,000 soon to follow. The 2,000 layoffs represent about 10% of Paramount’s employee base.See the Story
Paramount Layoffs Begin; CEO David Ellison Says Cuts Are Key To Building “Strong, Future-Focused Company”
59% Center coverage: 39 sources
