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House Passes Bill To Keep Government Open Until Dec. 11

Wed, 09/17/2014 - 5:33pm
The House of Representatives on Wednesday passed a bill to fund federal government operations until Dec. 11.
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North Dakota GOP Unveils Oil Patch Spending Plan

Wed, 09/17/2014 - 5:29pm
North Dakota Republicans on Wednesday unveiled an $800 million one-time spending plan to address immediate problems tied to the oil boom in the western part of the state.
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House Votes To Authorize Aid To Syria Rebels

Wed, 09/17/2014 - 5:13pm
The House of Representatives approved legislation authorizing the arming and training of Syrian rebels.
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Alibaba a Bellwether for Upcoming IPOs

Wed, 09/17/2014 - 4:55pm
If the e-commerce giant's debut goes well, the so-called IPO window will remain open, spurring dozens of companies to go public themselves.
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12 Things to Know About Scotland's Independence Vote

Wed, 09/17/2014 - 4:07pm
Here's is a cheat sheet to use to follow what a “yes” vote tomorrow would mean for Scotland to secede from the U.K. Sources include Wall Street houses, including Societe Generale, as well as the University of Glasgow, and the National Institute of Economic and Social Research.
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Dow Closes at Record High on Fed Decision

Wed, 09/17/2014 - 4:01pm
Stocks rose Wednesday after the Fed told investors to expect low interest rates for a while yet, pushing the Dow Jones industrial average to a record high.
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Doves Win Again At FOMC September Meeting

Wed, 09/17/2014 - 3:43pm
The Fed statement reiterated the FOMC’s dovish plan to keep interest rates low for the foreseeable future.
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Wells Fargo CEO 'optimistic' On U.S. Economy, 'bullish' About The Future

Wed, 09/17/2014 - 2:54pm
Wells Fargo & Co. CEO John Stumpf, speaking Wednesday at the New York Press Club in Washington, D.C., said he is "optimistic" on the economy and "bullish" about the future.
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Holder Seeking More Incentives for Wall St. Whistleblowers

Wed, 09/17/2014 - 2:41pm
Attorney General Eric Holder is seeking to increase incentives for Wall Street whistleblowers who report financial crime.
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Shares Of Major Home Builders Pick Up After Fed Policy Announcement

Wed, 09/17/2014 - 2:14pm
Shares of major home builders picked up shortly after the Federal Reserve's Wednesday afternoon policy announcement.
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Fed Votes 8-2 To Stick To Go-slow Plan On Interest Rates

Wed, 09/17/2014 - 2:01pm
The Federal Reserve stuck to its view that it will keep short-term interest rates near zero for a "considerable time" after the bank ends large-scale purchases of bonds meant to stimulate the U.S. economy.
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Fed Says Unemployment Could Fall Below 5% In 2017

Wed, 09/17/2014 - 2:01pm
The Federal Reserve predicts the unemployment rate could drop just below 5% by 2017, though the central bank also sees the economy slowing in a couple of years.
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Fed Largely Maintains Current Interest-rate Forecasts

Wed, 09/17/2014 - 2:01pm
Federal Reserve officials don't see a key short-term interest rate rising in 2015 and 2016 much faster than the central bank predicted before the summer started.
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Fed Pledges to Hold Rates Near Zero for 'Considerable Time'

Wed, 09/17/2014 - 1:53pm
The Fed will continue trimming its bond-buying program to $15 billion per month, while maintaining its low interest-rate policy for 'considerable time.'
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Neiman Marcus Making a Big Bet on Online Luxury Shoppers

Wed, 09/17/2014 - 12:25pm
Neiman Marcus announced Wednesday it is acquiring German luxury retailer MyTheresa.com for approximately €150 million. In its fourth quarter earnings report, Neiman Marcus said its online business grew by 12.9% year-over-year.
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U.S. Consumer Prices Surprisingly Weak, Eyes on the Fed

Wed, 09/17/2014 - 11:35am
U.S. consumer prices fell for the first time in nearly 1-1/2 years in August and underlying inflation pressures were muted, which could lessen the urgency for the Federal Reserve to raise interest rates.
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Oil Futures Decline After Surprise Supply Increase

Wed, 09/17/2014 - 11:04am
U.S. oil inventories rose 3.7 million barrels in the week ended Sept. 12, the Energy Information Administration said Wednesday.
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High-frequency Trading Firm Pays $16 Million To Settle SEC Charges

Wed, 09/17/2014 - 10:23am
High-frequency trading firm Latour Trading LLC agreed to pay the Securities and Exchange Commission a $16 million fine for breaking a rule about net capital levels, the agency said.
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Homebuilder Sentiment Climbs to Highest Level in Nine Years

Wed, 09/17/2014 - 10:03am
The National Association of Home Builders' gauge of homebuilder confidence rose to its highest level since November 2005 in September.
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Home-builder Confidence Highest In Almost Nine Years

Wed, 09/17/2014 - 10:00am
A gauge of confidence among home builders rose in September to the highest level since November 2005, increasing four points to 59, according to National Association of Home Builders/Wells Fargo data released Wednesday.
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