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.
In a move likely to delight the oil and gas industry and upset environmentalists, the Obama administration plans to open up the Atlantic coast to drilling.
U.S. stocks slumped Tuesday after some of the market's largest companies reported disappointing earnings, taking investors on a turbulent ride that deepened the losses for the year.
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 ...
BERLIN Jan 28 (Reuters) - German consumer sentiment surged to its highest level in more than 13 years heading into February, a survey showed on Wednesday, as lower oil prices meant shoppers in Europe's largest economy had more spare cash.