Economy

Three influential Federal Reserve officials said the central bank could raise short-term interest rates at its meeting next month, pushing back against investors who put low odds on such a move.

Federal Reserve officials at their April 26-27 meeting kept open their options on when to raise interest rates next. The minutes of their gathering, due out Wednesday at 2 p.m. EDT, should shed more light on their internal discussions about global risks, market expectations and inflation data.

Millions more Americans are set to qualify for overtime pay under a final Labor Department regulation, in what could be President Barack Obama’s last big push to shore up workers’ wages.