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WASHINGTON -- US Federal Reserve on Wednesday lowered interest rates by 25 basis points amid growing risks and uncertainties stemming from trade tensions and a global economic slowdown, following a rate cut in July that was its first in more than a decade.

WM Motor said it had received more than 4,000 orders so far and expects to deliver at least 10,000 vehicles this year.

Walmart used to be the menace of main street. But now, small mom-and-pop retailers (along with their big box brethren) have a new punching bag: Amazon.com.

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Wang Jiangping, vice minister of industry and information technology, said although the epidemic has some short-term negative impact on the economy, the country has rolled out measures to help firms resume operations as well as restore supply chains.

Walmart expands grocery delivery (Walmart photo)

Wall Street photo via Shutterstock

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WELLINGTON - New Zealand's national security threat level has been revised down to medium after it was raised to high in the wake of a mass shooting in Christchurch on March 15 that killed 50 people, the prime minister's office said in a statement on Wednesday.

WASHINGTON/MEXICO CITY - President Donald Trump said Saturday that migrants seeking asylum in the United States via the southern border would wait in Mexico while their claims move through legal procedures, but the Mexican incoming government denied the two sides had reached any deal.

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WASHINGTON -- The US Federal Reserve on Tuesday announced the establishment of a temporary repurchase agreement facility for foreign central banks and international monetary authorities (FIMA repo facility) amid coronavirus uncertainty.

WASHINGTON - White House counsel Don McGahn, whose relationship with President Donald Trump has been strained by the investigation into Russian interference in the 2016 presidential election, is set to leave the job in coming weeks.