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Business

For Las Vegas business news covering casinos, energy, housing, entrepreneurs and more turn to Las Vegas Review-Journal.

THE LATEST Business NEWS
Fed signals it could cut interest rates 3 times in 2024

The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and Chairman Jerome Powell said inflation has cooled.

More than 2M Tesla vehicles facing recall

The update will increase warnings and alerts to drivers and even limit the areas where basic versions of Autopilot can operate.

Federal Reserve leaves interest rates unchanged — for now

The Fed kept its benchmark interest rate at its highest level in 22 years but left the door open for further rate hikes if inflation pressures accelerate.

 
Faster chip, better camera: Take a look at Apple’s newest iPhone

Apple on Tuesday unveiled its next generation of iPhones — a line-up that will boast better cameras, faster processors, a new charging system and a price hike for the fanciest model.

US mortgage rates reach highest level in over two decades

Freddie Mac said the average rate on a 30-year home loan reached its highest level since 2002, which could increase costs for borrowers by hundreds of dollars a month.

US credit rating downgraded for only second time in history

Fitch Ratings has downgraded the United States government’s credit rating, citing rising debt and a “steady deterioration in standards of governance” over the past two decades.

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