WASHINGTON (AP) — The Federal Reserve on Wednesday sent its strongest signal of confidence in the U.S. economy since the Great Recession, deciding that the nation's economic prospects are finally bright enough to withstand a slight pullback in stimulus spending.
BRUSSELS (AP) — After more than a year of hard bargaining, European finance ministers on Wednesday reached a political agreement on a final piece of the bloc's planned banking union, which is the most ambitious step in integrating Europe's economy since the adoption of the common currency.
WASHINGTON (AP) — Congress sent President Barack Obama legislation Wednesday scaling back across-the-board cuts on programs ranging from the Pentagon to the national park system, adding a late dusting of bipartisanship to a year more likely to be remembered for a partial government shutdown and near-perpetual gridlock.
WASHINGTON (AP) — After years of struggling to reduce high unemployment, the Federal Reserve is grappling with another tough challenge: How to raise very low inflation.
NEWARK, N.J. (AP) — The New York-based brokerage ConvergEx Group will pay $150 million to settle civil and criminal charges that it charged clients millions of dollars in unwarranted fees and hid the practice from investors, the Justice Department said Wednesday.
WASHINGTON (AP) — Chairman Ben Bernanke says the Federal Reserve's decision Wednesday to slow its bond purchases is a sign of progress and he expects the Fed to take "similar moderate steps" throughout next year to reduce the purchases further if the economy shows continued improvement.
NEW YORK (AP) — Sparse crowds at malls and "50 percent off" signs at The Gap and other stores offer clues as to how this holiday season is shaping up so far: It's the most discount-driven one since the U.S. was in a deep recession. It's also the most disappointing for stores.
NEW YORK (AP) — The Secret Service says it is investigating a credit- and debit-card data theft at Target stores.
NEW YORK (AP) — The stock market had a swift and clear reaction to the Federal Reserve's decision to trim its stimulus efforts: That wasn't so bad after all.
NEW YORK (AP) — Oracle's fiscal second-quarter net income edged down slightly, hurt by flat revenue from new software licenses and cloud software subscriptions, but still managed to beat Wall Street predictions.