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BC-APFN-Business News Digest

December 20, 2018

Here are AP Business News’ latest coverage plans, top stories and promotable content. All times EST. For up-to-the minute information on AP’s coverage, visit Coverage Plan at newsroom.ap.org.

TOP STORIES:

FEDERAL RESERVE-POWELL’S CHALLENGE — Jerome Powell sounded a note of humility Wednesday. The question for the Federal Reserve chairman is whether humility plays well with the financial markets. By Josh Boak. UPCOMING: 850 words, photos at 12:01 a.m.

RISING RATES-CONSUMERS — The Fed has decided to raise its key interest rate once again, but what does that mean for you? It depends on whether you are saving money or borrowing it. Savers are getting another reason to smile while borrowers face higher costs ahead. By Sarah Skidmore Sell. UPCOMING: 550 words at 12:01 a.m., photos.

GREECE-TAX HOSTAGES — The bailout may have ended by Greece remains a nation of tax hostages. As the country tries to shore up its finances, the tax office is resorting to increasingly dramatic tactics to claim overdue payments — including reaching directly into the bank accounts of citizens. By Derek Gatopoulos. UPCOMING: 700 words at 5 a.m.

FINLAND-REINDEER TECH — Reindeer herders in northern Finland’s remote snow-covered forests are turning to tech to keep track of their flocks, fitting Rudolph and Co. with special collars and using a mobile apps to track their movements. The up-to-date location data is a valuable time and money saver for herders, who previously spent weeks searching for the animals in the sub-zero wilderness. By James Brooks. UPCOMING: 600 words, photos at 5 a.m.

MARKETS & ECONOMY:

FINANCIAL MARKETS — A report on global markets, starting in Asia and updated through the close of trading on Wall Street.

MORTGAGE RATES — Freddie Mac reports on this week’s average U.S. mortgage rates. By Josh Boak. UPCOMING: 130 words after release of report at 10 a.m., 250 words by 10:45 a.m.

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