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Updated: 16 min 59 sec ago

The Fed: Impatience Won't Replace Patience

Wed, 03/18/2015 - 4:00pm
The word ‘patient’ may have been removed but the sentiment remains.
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Food fight: US brings case against Indonesia for blocking imports of fruit, produce and meat

Wed, 03/18/2015 - 3:47pm
The United States is escalating a food fight with Indonesia, charging that the Southeast Asian country violates world trade rules by blocking imports of fruit, produce and meat.
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House passes new restrictions for EPA, targets what Republicans call 'secret science'

Wed, 03/18/2015 - 3:33pm
The House has passed two Republican-backed bills that would place new restrictions on the Environmental Protection Agency.
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Wheat,corn, oats and soybeans higher on the CBOT; beef higher and pork lower on the CME.

Wed, 03/18/2015 - 3:29pm
Grain futures were higher Wednesday on the Chicago Board of Trade.
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Iowa House backs changes to bargaining rules for teachers and other school employees

Wed, 03/18/2015 - 3:11pm
Changes to collective bargaining rules for teachers and other school employees won approval in the Republican-controlled Iowa House Wednesday after two days of bitter debate over education policy and school funding.
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The full text of the Federal Reserve's statement after its meeting Wednesday

Wed, 03/18/2015 - 3:09pm
Below is the statement the Federal Reserve released Wednesday after its policy meeting ended: Information received since the Federal Open Market Committee met in January suggests that economic growth has moderated somewhat.
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Federal Reserve prepared to hike rates even if average pay fails to rise much

Wed, 03/18/2015 - 3:03pm
Federal Reserve Chair Janet Yellen says the broad pay increases usually associated with job growth may not occur anytime soon.
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A look at how Starbucks delivery will work in NYC, Seattle

Wed, 03/18/2015 - 3:00pm
Starbucks says it will launch delivery in parts of Seattle and New York City in the second half of this year.
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Chris Christie signs bill into law allowing direct sale of Tesla cars in New Jersey

Wed, 03/18/2015 - 2:41pm
Gov. Chris Christie has signed a measure that would allow the sale of Tesla and other zero-emission cars in New Jersey.
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Treasury Yields Plummet After Fed Drops "patient" From Policy Statement

Wed, 03/18/2015 - 2:40pm
U.S. Treasury yields plummeted Wednesday, after the Federal Reserve dropped the word "patient" from its policy statement, indicating that a rate hike is approaching, but revised the dot-plot projection to a slower upward pace than previously expected.
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Recording industry says 2014 US retail music business 'essentially flat'

Wed, 03/18/2015 - 2:37pm
A new report from the Recording Industry Association of America says that the U.S. retail music business was "essentially flat" in 2014 as streaming revenue grew while physical shipment revenue declined.
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Oil Settles Higher As Dollar Drops In Wake Of Fed Statement

Wed, 03/18/2015 - 2:36pm
Oil futures settled higher on Wednesday as a drop in the dollar following the Federal Reserve's policy statement offset earlier pressure from a 10th straight weekly rise in U.S. crude inventories.
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Dollar Tumbles After Fed Lowers Rate-hike Expectations

Wed, 03/18/2015 - 2:30pm
The dollar tumbled against many rivals after Federal Open Market Committee members lowered their expectations for where the Fed funds rate would be at year's end.
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Target announces one of the most liberal return policies among major retailers

Wed, 03/18/2015 - 2:29pm
Target will allow returns for up to a year for the store's private and exclusive brands as it seeks an advantage over rivals, both traditional and online.
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Top 10 New York Stock Exchange-traded stocks posting largest percentage decreases

Wed, 03/18/2015 - 2:23pm
A look at the 10 biggest percentage decliners on New York Stock Exchange at 1 p.m.: Mastec Inc. fell 11.7 percent to $17.39.
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Top 10 Nasdaq-traded stocks posting largest percentage decreases

Wed, 03/18/2015 - 2:23pm
A look at the 10 biggest percentage decliners on Nasdaq at 1 p.m.: Nektar Therapeutics fell 14.4 percent to $12.10.
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Top 10 New York Stock Exchange-traded stocks posting largest percentage increases

Wed, 03/18/2015 - 2:23pm
A look at the 10 biggest percentage gainers on New York Stock Exchange at 1 p.m.: HubSpot Inc. rose 10.8 percent to $41.33.
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Fed signals move to raising rates by dropping 'patient' while saying April hike unlikely

Wed, 03/18/2015 - 2:01pm
The Federal Reserve is signaling that it's edging closer to raising interest rates from record lows in light of a strengthening job market.
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Fed Dot Plot Show Slower Pace Of Rate Hikes, Fed Funds Ending 2015 At 0.625%

Wed, 03/18/2015 - 2:00pm
The Federal Reserve will raise interest rates far more slowly than previously expected, according to the central bank's updated "dot plot."
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Federal Reserve Drops Word 'patient' In FOMC Interest-rate Guidance

Wed, 03/18/2015 - 2:00pm
The Federal Reserve dropped the word "patient" from its guidance on interest rates but also scaled back expectations on how fast it will move, indicating the first rate hike might not take place until September.
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