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Fed minutes show big rate cut favored by ‘substantial majority’

At the September central bank meeting, a “substantial majority” of Federal Reserve officials supported starting an era of monetary easing with a deep half-point rate cut. But just-released minutes of the two-day meeting suggest there was broader agreement that the initial action did not commit the Fed to a specific pace of future interest rate […]

Axelrod: Trump 'pretty substantial favorite' over Harris

Democratic strategist David Axelrod said he believes former President Trump still has a “significant advantage” in the November election, as Democrats look to Harris’ campaign. “Given the challenges ahead of him, I still rate him as the strong favorite in this race.” Axelrod said: Tuesday on the podcast “Hacks on Tap.” The podcast hosts praised […]

Prince Harry accepts substantial damages to settle Mirror Group case

A British newspaper has agreed to pay Prince Harry a “substantial” amount of costs and damages for violating his privacy through phone hacking and other illegal snooping, his lawyer said Friday. Announced. Lawyer David Sherborne agreed that Mirror Group Newspapers would pay Harry’s full legal costs and damages, with an interim payment of £400,000 ($505,000) […]

Chipotle says to expect ‘substantial’ price increases in California

Chipotle customers in California should prepare for “significant” price increases after the state recently approved a minimum wage increase for fast food workers, one of the company’s executives told shareholders this week. Chipotle Chief Financial and Administrative Officer Jack Hartung told investors on Tuesday’s earnings call that price increases are necessary to keep up with […]