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Updated: 16 min 29 sec ago
Members of the Federal Open Market Committee agreed they need to see continued improvement in U.S. economic data before hiking rates.
The dollar fell below 124 yen for the first time in a week Wednesday after minutes from the July meeting of Federal Reserve policy makers revealed that they might not be ready to raise interest rates.
Most Federal Reserve officials thought economic conditions needed for a rate hike were "approaching," according to minutes from the July meeting released Wednesday that suggested that a September rate hike was a live option.
Shares of the world's biggest oil companies a tumbling to multi-year lows on new data showing that U.S. crude inventories continue to rise at a time of year when they are typically in decline.
New Jersey's Legislature gets a failing grade when it comes to protecting the state's natural resources, an environmental group said Wednesday in a report.
Oil prices fell about 4 percent, with U.S. crude hitting 6-1/2 year lows and threatening to break below $40, after a huge unexpected stockpile build in the United States reinforced concerns about a growing global oil glut.
The International Monetary Fund says China must wait until next year to join an exclusive club of the world's top currencies.
Top Republican lawmakers said Wednesday they will meet a key demand of Gov. Tom Wolf's to boost public school aid, even if it requires a tax increase, but they continued insisting on an end to the traditional benefit in Pennsylvania's two big public pension systems.
A federal judge has thrown out part of a lawsuit stemming from a 2012 train derailment that leaked hazardous chemicals in southern New Jersey.
General Motors is reportedly considering plans to build new Buicks in China and ship them to the U.S., adding another wrinkle to ongoing UAW talks.
Graham Rahal's late championship charge is already paying dividends.
The International Monetary Fund on Wednesday announced that it has extended its current Special Drawing Rights basket of currencies for nine months, effectively giving China more time to comply with conditions needed to join an elite club of reserve currencies along with the U.S. dollar, euro, yen and British pound.
Alibaba named Nestle executive Wan Ling Martello to its board of directors Wednesday..
At least two stores inside Newark Liberty International Airport are selling drones despite federal rules prohibiting flying them near airports.
Michigan legislators took a step Wednesday to help Detroit collect unpaid city income taxes from residents who work in the suburbs, a move linked to efforts to persuade Democrats from the city to back an elusive $1.2 billion road-funding plan.
Shares of Hormel, the company behind Spam canned ham, Dinty Moore stew and other products, wavered Wednesday after the company said its quarterly profit grew, but reported disappointing sales that were hurt by the avian flu epidemic and the strong U.S. dollar.
A unit of Citigroup will pay $15 million to settle civil charges alleging it failed to enforce policies designed to prevent and detect insider trading, U.S. regulators said.
"Subway guy" Jared Fogle has agreed to plead guilty to allegations that he paid for sex with minors and received child pornography, prosecutors say, marking one of the biggest downfalls ever for a corporate pitchman.
U.S. stocks followed markets in Europe and Asia lower Wednesday ahead of the release of the latest minutes from the Federal Reserve.
The Federal Aviation Administration is moving too slowly to implement rules requiring drone manufacturers to install technology that would prevent the aircraft from entering "no-fly zones" like airports, U.S. Sen. Charles Schumer said.