More than seven years ago the Federal Reserve put its benchmark interest rate close to zero, as a way to bolster the economy. But that policy is about to change.
Wall Street was higher on Wednesday as investors assessed earning ahead of a statement from the U.S. Federal Reserve that could give clues regarding the timing of a rate hike.
WASHINGTON—The head of the International Monetary Fund on Wednesday backed Chinese efforts to stem recent market volatility and down played the signals that turbulence might be sending about the broader economy.
Twitter Inc.'s interim CEO wants major changes to the social-networking service to attract more users - possibly even getting away from the live stream that is Twitter's hallmark - but executives' long time line for results seemed to annoy investors ...
Greek Prime Minister Alexis Tsipras took on dissenters within his own party, warning he'll call an election unless backbenchers who oppose his deal with creditors fall into line or give up their seats.