Why China doesn’t want a Fed rate hike

Why China doesn’t want a Fed rate hike

WASHINGTON — China has cut its own interest rates, but now it’s hoping the Federal Reserve won’t undo that benefit by lifting U.S. rates. China’s rate cut is an admission its economy is struggling, say experts. “This is purely a signal that the government...
Telecom bill could create bidding war

Telecom bill could create bidding war

WASHINGTON — A bidding war between major telecom companies to increase their coverage capabilities may be on the horizon after a bill incentivizing government agencies to sell their broadband spectrums received strong bipartisan support from the House...