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The Federal Reserve cut interest rates three times in 2019. As an election year dawns, minutes from the December meeting show a renewed sense of patience. Press Release Distribution Service

The Federal Reserve cut interest rates three times in 2019. As an election year dawns, minutes from the December meeting show a renewed sense of patience. Press Release Distribution Service

Analysts warned that the airstrike on an Iranian commander raised the prospect of volatility in Iran and Iraq, two major oil producers. Press Release Distribution Service

Gulf stocks fell sharply in late afternoon trade on Sunday, with Kuwaiti and Saudi stocks leading losses. Press Release Distribution Service

Shares of Saudi Aramco were down 1.7% in late afternoon trade on Sunday, hitting 34.55 riyals ($9.21) per share, its lowest level since it started trading last month after a record initial public offering (IPO). Press Release Distribution Service

Japan on Sunday said it would tighten immigration measures after former Nissan boss Carlos Ghosn fled the country while on bail, its first official response to an astonishing escape that has transformed the executive into an international fugitive. Press Release Distribution Service

German automaker Daimler AG said on Saturday it will recall 744,000 Mercedes-Benz vehicles in the United States from the 2001 through 2011 model years because the sunroof glass panel could detach and pose a hazard. Press Release Distribution Service

Ousted Nissan boss Carlos Ghosn left his Tokyo residence after a private security firm hired by Nissan Motor Co stopped monitoring him, three sources familiar with the matter told Reuters on Saturday. Press Release Distribution Service

A manager at Turkish jet operator MNG Jet has told authorities that he assisted unwittingly in the escape of ex-Nissan boss Carlos Ghosn from Japan because he had been threatened by a former acquaintance, Hurriyet newspaper reported on Saturday. Press Release Distribution Service

Amazon.com is considering opening stores in Germany, its second biggest market after the United States, the ecommerce company’s head in the country was quoted as saying on Saturday. Press Release Distribution Service

Federal Reserve policymakers who last year were frequently at odds over where to set U.S. borrowing costs opened 2020 telegraphing confidence in the state of the economy and signaling broad agreement that monetary policy is right where it should be. Press Release Distribution Service

The Federal Reserve could find itself fighting too-low inflation for years to come, San Francisco Federal Reserve President Mary Daly said on Friday, and may need a new policy framework to lift inflation back up to the Fed’s 2% goal. Press Release Distribution Service

Cleveland Federal Reserve Bank President Loretta Mester, among the Fed policymakers most concerned that easy monetary policy would risk excessive inflation, said on Friday she has put those fears to rest for now and is willing to leave rates at their current level absent some substantial change in the economy. Press Release Distribution Service

Venezuelan state company PDVSA is letting some joint venture partners take over the day-to-day operation of oilfields as its own capacity dwindles due to sanctions and a lack of cash and staff, according to a former oil minister, an opposition lawmaker and industry sources. Press Release Distribution Service

Geopolitics is back in the driving seat. The U.S. killing of a top Iranian commander has doused the nascent New Year rally and delivered a $3 boost for oil prices on fears that any violent retaliation from Tehran would disrupt energy supplies. Press Release Distribution Service

Axon Enterprise Inc on Friday sued the U.S. Federal Trade Commission in a bid to have antitrust proceedings over an acquisition heard in a federal court and not in an internal FTC process, claiming that the FTC’s ability to both prosecute and judge cases deprives companies of their constitutional rights. Press Release Distribution Service

Wall Street’s major indexes fell from record highs on Friday after a U.S. air strike in Iraq ratcheted up tensions in the Middle East and a bigger-than-expected contraction in the U.S. manufacturing sector raised concerns of slowing economic growth. Press Release Distribution Service

Travel Insured International, a leading travel insurance provider located in Glastonbury, CT, is the winner of the Connecticut Better Business Bureau’s 2019 Community Care Award. (PRWeb January 03, 2020) Read the full story at https://www.prweb.com/releases/travel_insured_international_awarded_2019_bbb_community_care_award/prweb16812451.htm Press Release Distribution Service

Frisch Financial Group has been recognized for their continued dedication to providing exceptional financial services for women as they are awarded the Women’s Choice Award® for the eighth year… (PRWeb January 03, 2020) Read the full story at https://www.prweb.com/releases/frisch_financial_group_receives_the_womens_choice_award_for_the_eighth_consecutive_year/prweb16814066.htm Press Release Distribution Service

The best stories that you might have missed. Press Release Distribution Service

Experts suggest everything from following a three-month repayment plan to selling used clothes and toys or temporarily reducing your 401(k) contributions. Press Release Distribution Service

Exxon Mobil Corp’s fourth quarter operating results will decline from a year ago due to weakness in chemicals and refining, according to a regulatory filing and analyst comments on Friday. Press Release Distribution Service