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Updated: 8 min 23 sec ago

Oil Drops on Oversupply After Saudi Shuffle

Wed, 04/29/2015 - 7:23am
U.S. crude oil prices dipped Wednesday on oversupply after news that Saudi Arabia King Salman changed the kingdom's line of royal succession in a dramatic reshuffle, replacing his half-brother as crown prince with his nephew.
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Time Warner Revenue Rises Nearly 5%

Wed, 04/29/2015 - 7:19am
Time Warner posted a nearly 5% increase in quarterly revenue, helped mostly by higher subscription fees from its Turner Broadcasting and Home Box Office networks.
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U.S. Equity Futures Drop on Weak GDP

Wed, 04/29/2015 - 7:10am
U.S. equity futures fell sharply into negative territory Wednesday morning after data showed weak consumer spending helped cool first-quarter economic growth, and as traders continued to look ahead to the FOMC statement at 2 p.m. ET.
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Asia stocks fall, Europe edges up as investors brace for weak US economic data, Fed statement

Wed, 04/29/2015 - 4:58am
World stock markets were uneven Wednesday as investors waited for a U.S. growth report that is expected to provide the latest sign of slowing momentum in the world's biggest economy and a Fed policy statement.
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Dollar Slides To Almost 2-month Low Ahead Of Fed

Wed, 04/29/2015 - 4:18am
The dollar moved lower against most other major currencies on Wednesday, with investors cautious of moving into the greenback ahead of the interest-rate statement from the U.S. Federal Reserve.
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China Official Denies Reported Plans For QE Program: Reuters

Tue, 04/28/2015 - 10:10pm
Despite reports to contrary, China's central bank is not planning to buy up local-government bonds, Reuters reported Tuesday, citing comments to local media by People's Bank of China chief economist Ma Jun.
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