Fed releases minutes from meeting where it took rates to zero because of coronavirus

The Federal Open Market Committee released minutes Wednesday of its March 15 meeting, during which it lowered its benchmark interest rate to near zero.  The meeting summary indicated that not only did members believe it was important to use all their rate power now, but also that they intend to keep rates anchored at the bottom for the foreseeable future.

Biden-Trump showdown begins as Sanders leaves presidential race

The 2020 presidential general election has begun. Joe Biden, who was Barack Obama’s vice president, will face off against President Donald Trump in November’s contest. The race between the two men in their 70s has long been expected but is now virtually guaranteed after Sen. Bernie Sanders exited from the Democratic primary contest, announcing Wednesday that he had suspended his campaign.