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The Fed hits pause on interest rate hikes while it reviews more data

Washington, DC CNN  —  The Federal Reserve said Wednesday it will pause its rate hikes, keeping its benchmark lending rate at a 22-year high, while signaling fewer rate cuts next year. The move was widely expected, after the central bank signaled in recent weeks that it intended to wait for more data to understand how …

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Kraft recalls 83,000 cases of American cheese because of a choking hazard

New York CNN  —  Kraft Heinz is recalling about 83,000 cases of its individually wrapped Kraft Singles American cheese because they might pose a choking hazard. The company said in a statement that a “temporary issue” with one of its wrapping machines means a “thin strip of the individual film may remain on the slice …

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