California Sues Auto Dealer for False Ads, Loan Documents

SACRAMENTO — California's attorney general sued Paul Blanco's Good Car Company on Monday, leveling accusations of false advertising and lying on loan documents to boost its profits at the expense of its mostly low-income customers. Xavier Becerra's lawsuit ...
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Fed Chairman Signals That Rate Cut Could Happen Soon

WASHINGTON — Chairman Jerome Powell signaled Wednesday that the Federal Reserve is likely to cut interest rates late this month for the first time in a decade in light of a weakening global economy and rising trade tensions. Powell said that since Fed offic...
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Chairman Says Fed Ready to Respond to Trade Conflicts

WASHINGTON — Chairman Jerome Powell said Tuesday the Federal Reserve is prepared to respond to the Trump administration's trade conflicts to protect the U.S. economy, signaling the Fed will cut interest rates if necessary. "We are closely monitoring the imp...