Category Business

COPENHAGEN, Denmark — Five months after a devastating fire destroyed more than half of Copenhagen’s Old Stock Exchange, workers are set to begin the reconstruction of the 400-year-old building to return it to its former glory. On Thursday, King Frederik…

The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for American consumers. The…