
News from Sueddeutsche Zeitung
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Top Sueddeutsche Zeitung News

Federal Reserve · WashingtonThe Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11 to 1 vote that signaled less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4%-4.25%.See the Story
Federal Reserve cuts key rate by quarter-point and signals two more cuts this year
52% Center coverage: 408 sources

Germany Economy · GermanyCyberattacks and sabotage, mainly from Russia and China, have caused record damages for German firms this year, the domestic spy service and a business group warned Thursday.See the Story
Costs of Russian, Chinese Cyberattacks on German Firms on Rise: Report
39% Right coverage: 13 sources