NTD Business (June 14): Fed Skips Hike, Keeps Rate Unchanged; Bud Light No Longer US Top-Selling Beer

Don Ma
By Don Ma
June 14, 2023NTD Business

The Federal Reserve kept interest rates unchanged on Wednesday but signaled another half of a percentage point hike may be coming by the end of this year.

Bud Light is no longer the top-selling beer in the United States. It lost its top spot in the U.S. beer market to Modelo Especial, following a boycott of Bud Light after it teamed up with transgender influencer Dylan Mulvaney.

The European Union wants Google to break up its online advertising business. EU regulators said on Wednesday this is to address concerns about anti-competitive practices.

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