JACKSON HOLE, Wyo. - The Federal Reserve may still go ahead and raise its benchmark interest rate in mid-September, Stanley Fischer, the Fed's vice chairman, said Friday.
U.S. stocks were mixed Friday at the end of one of the most volatile weeks in years for global markets. The Dow Jones Industrial Average declined 31 points, or 0.3%, to 166239 in midday trading after briefly moving into positive territory earlier.
The CEO of the company that runs adultery website Ashley Madison is stepping down in the wake of the massive breach of the company's computer systems and outing of millions of its members.
Consumer confidence declined in August to a three-month low as recent stock-market turbulence weighed on Americans' outlook for the U.S.
New private-public partnership, based in Silicon Valley will be geared to deliver next-generation wearables to the U.S. armed forces.