Used sedans still cheap, but prices are rising
CARLETON, Mich. (AP) — Late in the spring, Bob Castaldi started checking used car prices online, wondering if it would be a good time to sell his family's loaded-out 2014 Honda Civic.
The Latest: Amazon exec warns of Calif. privacy approach
WASHINGTON (AP) — The Latest on congressional hearing on privacy (all times local): 11:05 a.m. Amazon is warning Congress to avoid California's model as federal lawmakers work on crafting a new consumer data privacy law.
Fox plans to sell stake in Sky to Comcast for $15B
NEW YORK (AP) — 21st Century Fox will sell its remaining stake in British pay TV provider Sky to Comcast in the latest financial wrangling as Disney prepares to acquire Fox's entertainment assets.
The Latest: Markets cautious ahead of Fed rate decision
NEW YORK (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 10:45 a.m. Financial markets held steady Wednesday as investors waited for the Federal Reserve's latest decision on interest rate policy.
Abramovich ends Swiss residency bid after 'defamatory' claim
GENEVA (AP) — Russian oligarch and Chelsea soccer club owner Roman Abramovich has withdrawn an application for residency in Switzerland after authorities made clear that it would be rejected, officials said Wednesday.
Stocks drift as markets await Fed's interest-rate call
NEW YORK (AP) — Stock indexes around the world held steady on Wednesday as markets awaited a Federal Reserve decision on interest rates scheduled for the afternoon.
Daimler CEO Zetsche to step down early, succeeded by insider
FRANKFURT, Germany (AP) — Daimler CEO Dieter Zetsche, who unwound a troubled merger with Chrysler Corporation and led the German automaker to a string of record profits, will hand off next year to Ola Kallenius, a longtime insider who heads vehicle development for the Mercedes-Benz brand.
Small retailers upbeat about 4Q but tariffs make some uneasy
NEW YORK (AP) — Sales are so strong at women's clothing company Leota that owner Sarah Carson is asking manufacturers for more inventory for the holidays, a change from last year.
Startups shook up the sleepy razor market. What's next?
NEW YORK (AP) — What do you hate shopping for? Toothpaste? Diaper rash cream? Sunscreen? The guys who founded Harry's shaving club spend a lot time thinking about this question.
China announces tariff cut but no action on US complaints
BEIJING (AP) — China announced more tariff cuts Wednesday on construction machinery and other goods but no action on U.S. complaints about its technology policy that are fueling an escalating trade battle.
In Paris, Airbnb blamed for all kinds of ills
PARIS (AP) — The first paying guests to the ground-floor studio flat newly posted on Airbnb were innocuous enough: A family, come to experience the joys of Paris, like many millions of others.
Stock markets steady as focus turns to Fed rate decision
LONDON (AP) — Stock markets around the world were trading in narrow ranges Wednesday ahead of a widely predicted interest rate hike from the U.S.
Russian lawmakers vote to back controversial pension bill
MOSCOW (AP) — The lower house of the Russian parliament has given its preliminary approval for a controversial bill that raises the eligibility ages for pensions, which has caused an outrage in Russian society.
How much? Greek state owed huge amount of uncollected taxes
ATHENS, Greece (AP) — The Greek government is owed so much in tax arrears from households and companies that it could pay off more than half its massive public debts if it collected it all.
What a Fed rate hike means for you, at any age
No matter your age, what the Federal Reserve does to interest rates will most likely affect you. Economists say the central bank is nearly certain to raise what's called the federal funds rate by a quarter of a percentage point Wednesday to a range of 2 percent to 2.25 percent, the third such increase this year.
Report: Long trade war would hurt US more than China
FRANKFURT, Germany (AP) — A fierce global trade war would hurt the United States economy significantly, making households poorer and destroying jobs, while China would not suffer as much, according to a simulation carried out by economists at the European Central Bank.
Fed seems poised to raise rates for a 3rd time this year
WASHINGTON (AP) — The Federal Reserve is set Wednesday to raise interest rates for a third time this year and possibly modify the likely direction of rates in the months ahead.
Into the fold? What's next for Instagram as founders leave
SAN FRANCISCO (AP) — When Kevin Systrom and Mike Krieger sold Instagram to Facebook in 2012, the photo-sharing startup's fiercely loyal fans worried about what would happen to their beloved app under the social media giant's wings.
Clouds on horizon as trade wars, debt weigh on Asia's growth
BANGKOK (AP) — Trade conflicts, rising debt and the potential impact from rising interest rates in the U.S. will likely dampen growth in the coming year, the Asian Development Bank said Wednesday in an update of its regional economic outlook report.
Japan preschools using tablets to prep tots for digital age
YOSHIKAWA, Japan (AP) — It's drawing time at this suburban nursery school in Japan, but instead of crayons, tiny fingers are tapping on colors on iPad screens and taking selfies.
CBS taps media industry veteran Parsons as interim chairman
NEW YORK (AP) — CBS says it has named media industry veteran Richard Parsons as interim chairman of the board as the company moves to reshape itself following the ouster of longtime chief Les Moonves.
Push to end bullet train in 2020 could signal GOP strategy
SACRAMENTO, Calif. (AP) — Worried they would lack big-name candidates at the top of the ticket this November, California Republicans turned to a ballot measure that would eliminate a recent gas tax increase in hopes of exciting conservatives and ensuring they show up to support lower-profile legislative and congressional candidates.
Bill overhauling songwriter royalties heads to Trump's desk
WASHINGTON (AP) — Legislation to substantially overhaul the way music is licensed and songwriters compensated for songs online is being sent to the president's desk for his signature.
NTSB faults Air Canada pilots for last year's near disaster
Federal safety officials blame two Air Canada pilots for coming within 10 to 20 feet of crashing their jetliner into a plane on the ground last year in San Francisco.
US attorneys general discuss social media privacy concerns
WASHINGTON (AP) — A meeting between top state law enforcement officials and Attorney General Jeff Sessions about how the government can safeguard the privacy of social media users ended Tuesday without a decision on whether to investigate.

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