By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - Worry and speculation have consumed investors since Chairman Ben Bernanke spoke to Congress last month about the Federal Reserve's drive to keep long-term interest rates at record lows.
On Wednesday, many hope the Fed will settle the
By STEVE ROTHWELLAP Markets Writer
NEW YORK (AP) - The stock market is waiting on the Fed.
Major indexes drifted lower in midday trading Wednesday as traders wondered what the Federal Reserve will say about the U.S. economy and the central bank's huge stimulus program this afternoon.
NICOSIA, Cyprus (AP) - Cyprus' deputy government spokesman says the Cabinet has ratified a preliminary agreement with U.S. firm Noble Energy and its Israeli partners Delek Drilling and Avner Oil Exploration on their participation in the development of a planned natural gas processing facility.
NEW YORK (AP) - Stocks are edging lower in early trading on Wall Street as investors hold back ahead of a policy announcement from the Federal Reserve.
The Dow Jones industrial average was down 17 points, or 0.1 percent, at 15,301 in the first few minutes of trading Wednesday.
The Standard &
By JUERGEN BAETZAssociated Press
BERLIN (AP) - President Barack Obama raised the prospect Wednesday that Europe might need to adjust its economic policies to tackle high youth unemployment and make sure that some countries don't "lose a generation."
Obama warned during his visit to Berlin that
NEW YORK (AP) - U.S. stock futures are mixed in light trading with investors holding back before the Federal Reserve reveals its stance on the economy.
Markets have swung wildly for weeks leading up to the two-day meeting, which ends Wednesday.
Dow Jones industrial futures are down 14 points to 15,
By DAVID KOENIGAP Business Writer
DALLAS (AP) - FedEx Corp.'s fourth-quarter profit fell 45 percent as international customers traded down to less-expensive delivery options.
Excluding charges, the results still beat Wall Street expectations. But the company's forecast for the next 12
By MARI YAMAGUCHIAssociated Press
TOKYO (AP) - Japan's nuclear watchdog formally approved a set of new safety requirements for atomic power plants on Wednesday, paving the way for the reopening of facilities shut down since the Fukushima disaster in a move critics charged was too hasty.
By DEREK GATOPOULOSAssociated Press
ATHENS, Greece (AP) - Greece's governing coalition parties are to meet for a second time in three days to try and end a political crisis triggered by the closure of state broadcaster ERT.
Conservative Prime Minister Antonis Samaras will hold talks later
By LINDA A. JOHNSONAP Business Writer
TRENTON, N.J. (AP) - If doctors and patients used prescription drugs more wisely, they could save the U.S. health care system at least $213 billion a year, by reducing medication overuse, underuse and other flaws in care that cause complications and longer,
AMMON, Idaho (AP) - Officials with the Bonneville County sheriff's department say a 21-month-old southeastern Idaho girl has died after she was left in a vehicle. A news release says deputies and paramedics were called shortly after 5:15 p.m. Tuesday to a residence in Ammon,
WASHINGTON (AP) - Secretary of State John Kerry called the Afghan president twice in the past 24 hours to ease Hamid Karzai's anger over the way the Taliban announced the opening of their political office in Qatar.
The rift delayed the announced visit to the region this week by the U.S. special
By NICHOLAS RICCARDI and MEAD GRUVERAssociated Press
COLORADO SPRINGS, Colo. (AP) - As the West battles one catastrophic wildfire after another, the federal government is spending less and less on its main program for preventing blazes in the first place.
A combination of government austerity and