PRESS DIGEST -Wall Street Journal - June 18

Apple Inc.

Apple Inc.

AAPL

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June 18 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- Apple AAPL.O plans to raise prices on its products to offset increasing memory and storage chip costs, CEO Tim Cook said in an interview.

- U.S. President Donald Trump said that negotiations with artificial intelligence company Anthropic over restoring access to the company’s latest artificial-intelligence models are "going fine."

- U.S. President Donald Trump said early Wednesday that he was delaying the nomination of Jay Clayton, a top federal prosecutor and former chairman of the Securities and Exchange Commission, to be the next director of national intelligence.

- The Federal Reserve held interestrates steady on Wednesday, but policymakers expect a hike in borrowing costs later this year amid growing concerns about inflation lodged above the U.S. central bank's 2% target.


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