Normally, when the Fed starts loosening policy it does so amid clear-cut signs of economic weakness.Economyread more
Wall Street economists are anxiously awaiting Wednesday's FOMC meeting.Marketsread more
More and more American firms are calling for the Trump administration to resolve its conflict with China.World Economyread more
All trains traveling in and out of New York Penn Station have been halted because of an Amtrak overhead wire issue, New Jersey Transit said Wednesday.Transportationread more
This just might be Fed Chair Jerome Powell's toughest meeting yet because whatever the outcome, odds are high that it will disappoint a large group.Market Insiderread more
American Airlines is ordering Airbus' new A321XLR, according to a source familiar with details of the agreement.Paris Air Showread more
Tesla shares are nearing Morgan Stanley's price target but the firm isn't sure how to tell investors to value Elon Musk's company.Investingread more
Companies are increasingly willing to pay for employees to go to the doctor. Uber is partnering with Grand Rounds, a start-up that sells into the employer channel, to make it...Technologyread more
But it's still unclear when the currently stalled trade negotiations between the two economic superpowers will restart, Lighthizer said.Politicsread more
Apple's iOS 13 update, which will be available in the fall for iPhones, will let Siri read your text messages to you through your AirPods. Here's how to set it up.Technologyread more
Target CEO Brian Cornell apologized to customers for a disappointing weekend after the company experienced outages that shut down its cash registers and credit-card processors...Retailread more
The 26-year-old migrant who killed one person and injured six others in a knife attack in a Hamburg supermarket on Friday was known to German security forces as an Islamist, the city-state's interior minister said.
Andy Grote told a news conference on Saturday that an initial investigation found that the man, an asylum seeker who could not be deported because he had no identification papers, is also believed to have psychological problems.
Hamburg police chief Ralf Martin Meyer said that while initial findings showed the attacker had acted alone it could not be completely ruled out that he had accomplices.
Germany is less than two months away from parliamentary elections on September 24 in which Chancellor Angela Merkel is likely to win a fourth term despite tensions about her decision in August 2015 to open the door to over one million migrants. Security has been a big issue in the campaign.
Passersby threw chairs and other objects at the attacker as he fled the scene, enabling plain clothes police officers to take him into custody near the store, according to police and videos posted on Twitter.
Police said the man, who was born in the United Arab Emirates, suddenly began attacking customers in a supermarket in the northern city on Friday afternoon.
Hamburg Mayor Olaf Scholz said in a statement that the assailant was "apparently a foreigner who was supposed to leave the country," but could not be deported because he did not have the necessary identification papers. Police said they were still trying to determine his citizenship.
"It's also infuriating that this perpetrator is someone who asked for protection in Germany and then turned his hate against us," Scholz said.
A police spokeswoman said she could not confirm that the attacker shouted "Allahu Akbar", Arabic for "God is Greatest", as he ran out of the supermarket, as one witness told German broadcaster n-tv.
Bild newspaper reported late on Friday that armed police forces had searched the migrant housing center where the attacker had lived.
The police spokeswoman said the motive for the attack was still under investigation. She said she had no information that the attacker was known to authorities as an Islamist, as reported by the newspaper Tagesspiegel.
Police said a 50-year-old woman and four men aged between 19 and 64 were injured in the attack, all of whom were German. A 35-year-old Turkish man was also injured while trying to stop the attacker, they said. Media reports said he injured his shoulder while throwing a metal rod at the attacker.
Police have been on high alert in Germany since a spate of attacks on civilians last year including a December attack on a Berlin Christmas market, when a hijacked truck ploughed into the crowds, killing 12 and injuring many more.
The man responsible for that attack was also denied asylum, but had not been deported because authorities were waiting for his home country of Tunisia to issue identification papers.
Bild showed a picture of a man said to be the Hamburg attacker sitting in the back of a police car, his face concealed with a bloodied shroud.
A video on Bild's website showed a helicopter landed outside the supermarket with armed police in body armor patrolling the neighborhood.