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Markets Jump on Dovish Fed Minutes

Wed, 07/09/2014 - 3:58pm
Minutes showing the dovish wing of the Federal Reserve remains firmly in control, helped push stocks into the green on Wednesday.
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In an Uber-Driven World, Is Surge Pricing Becoming the New Normal?

Wed, 07/09/2014 - 3:35pm
Uber may have just signed an agreement limiting its surge pricing in emergencies, but the concept of rapidly changing, flexible prices is spreading to other industries. 
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Top general "misspoke" when he cited his son's unit experience to defend army data system

Wed, 07/09/2014 - 3:29pm
Gen. John Campbell, the Army's vice chief of staff, cited his son's experiences as a soldier in Afghanistan to answer a senator's tough questions last year about a troubled intelligence technology system.
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Obama: U.S. Economic Recovery Among Fastest On Earth

Wed, 07/09/2014 - 3:17pm
President Barack Obama took credit on Wednesday for the U.S. economic rebound after the financial crisis of 2008.
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For second day, visitors wait 5 hours for Harry Potter ride at Universal Studios

Wed, 07/09/2014 - 3:08pm
You might need a magic wand to get on the new Harry Potter ride at Universal Orlando Resort.
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Harley-Davidson recalling 66,421 motorcycles for safety defect

Wed, 07/09/2014 - 3:05pm
Harley-Davidson is recalling 66,421 Touring and CVO Touring motorcycles from the 2014 model year because their front wheels can lock up without warning.
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A cookie with fiber, a cereal with more cinnamon; General Mills unveils plans to boost sales

Wed, 07/09/2014 - 2:55pm
General Mills hopes a pinch of cinnamon and a dash of fiber will be a recipe for stronger sales.
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Puerto Rico Power Authority Rating Cut 4 Rungs: S&P

Wed, 07/09/2014 - 2:54pm
The Puerto Rico Electric Power Authority had the rating on its $8.6 billion in debt cut four notches to B- by Standard & Poor's Ratings Services on Wednesday.
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Oil Futures Settle Under $103 a Barrel

Wed, 07/09/2014 - 2:43pm
Oil futures on Wednesday fell below $102 a barrel to mark their ninth straight session decline.
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Top Senate Dem blocking election-season votes on gun measures, sportsmen bill likely doomed

Wed, 07/09/2014 - 2:42pm
Senate Majority Leader Harry Reid blocked a parade of campaign-season votes on gun rights on Wednesday that could have been a political thorn for Democrats seeking to retain control of the chamber in this fall's elections.
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A summer without swagger for Hollywood at domestic box office

Wed, 07/09/2014 - 2:25pm
Hollywood's summer at the box office isn't just missing nearly 20 percent of last summer's revenue.
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Hollywood's summer swoon: What's up and what's down at the box office

Wed, 07/09/2014 - 2:19pm
Two months into its most lucrative season, Hollywood's summer is down nearly 20 percent from last year at North American theaters.
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A new federal law will give patients an unprecedented look at company payments to doctors

Wed, 07/09/2014 - 2:18pm
When many of us have a medical appointment we're concerned about our finances: how much will we owe out-of-pocket? What's our co-pay? But next time, you may also want to ask your doctors about their financial situation.
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Developer pitches Jersey City casino, but law limiting gambling would need to be changed

Wed, 07/09/2014 - 2:11pm
New Jersey lawmakers say a venture capitalist wants to build a $4.6 billion casino in Jersey City, a move that would be possible only if the state would make a major policy change and allow casinos outside of Atlantic City.
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Farmers, ranchers rush to take advantage of USDA disaster relief program after years of need

Wed, 07/09/2014 - 2:05pm
The U.S. Department of Agriculture says farmers and ranchers who suffered heavy livestock and grazing losses due to extreme weather in the past three years have been quick to take advantage of newly available disaster relief funds.
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Fed minutes show officials split on best way to signal when first rate increase might occur

Wed, 07/09/2014 - 2:05pm
Federal Reserve officials had differing views on the best way to signal to financial markets when they might raise a key short-term interest rate.
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Doves Hold the Reins as Fed Plots Exit from Ultra-Loose Policies

Wed, 07/09/2014 - 2:01pm
The majority of participants on the Federal Reserve’s policy-setting board aren’t too worried about a tick up in measures of inflation, minutes show.
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Ford Europe chief says company expects to return to profit in Europe in 2015

Wed, 07/09/2014 - 2:00pm
Ford Motor Co. says it remains on track to make a profit in Europe next year despite the fragile economy.
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Fed Plans To End Taper In October: Minutes

Wed, 07/09/2014 - 2:00pm
Federal Reserve officials have decided to end its asset purchase program in October if the economy stays on track, according to the minutes of the June meeting released Wednesday.
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Amazon tries to turn up pressure on Hachette with overture to authors

Wed, 07/09/2014 - 1:53pm
Amazon's squabble with publishing company Hachette is growing increasingly public.
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