WASHINGTON - As the Federal Reserve ends its latest policy meeting Wednesday, it is widely expected to repeat the pledge it made in December: That it will be "patient" in raising interest rates from record lows.
On Tuesday, the Obama administration outlined a politically fraught plan to allow offshore oil and gas drilling in the United States.
The dollar was higher against the yen in Asian trade Wednesday, as investors await the results of the Federal Reserve's policy meeting later in the day, as well as a series of U.S.
NEW YORK (MarketWatch) - U.S. stocks recorded their biggest decline in three weeks on Tuesday, following a surprise drop in durable-goods orders and disappointing earnings from Microsoft Corp.
It has been reported that the consumer confidence rose higher than expected in January to a level highest since August 2007. Market experts said this rise was seen after Americans showed more interest in improving labor market and prospects for higher ...