Business Report: Fed Holds Off Interest Rate Hikes
KPBS Evening Edition anchor Ebone Monet and SDSU marketing lecturer Miro Copic discuss some of the week’s top business stories.
San Diego software startup Truepic is working on technology to verify authentic photos and signal when they have been manipulated. According to the San Diego Union-Tribune, Truepic is now teaming up with technology giant Qualcomm in an effort to help protect online communities from fake content.
San Diego Real Estate
The San Diego housing market is a tough one for first-time home buyers, according to a new survey by Bankrate. The report shows the city is the seventh worst place for people who want to buy their first home.
On Wednesday, the Federal Reserve signaled no new interest rate hikes for 2019. The Fed’s benchmark rate can affect anything from credit cards to mortgages. Analysts said the announcement offers a dim view of the economy, especially as growth weakens in the United States and around the world.