Federal Reserve policymakers will likely announce on Wednesday that they will keep buying bonds at a monthly pace of $85 billion US, while keeping their options open to scale back the... Alister Bull, Reuters Posted on 6-19-2013 at 7:10 AM
Stocks fell on Wednesday, with the losses accelerating even after the Federal Reserve said it would hold steady with its monetary policy. Ryan Vlastelica, Reuters Posted on 6-19-2013 at 2:31 PM
FedEx Corp posted a bigger than expected quarterly profit as its ground shipment business did well, and the company saw benefits from lower jet fuel prices. Nivedita Bhattacharjee, Reuters Posted on 6-19-2013 at 8:17 AM
David Sykes, vice-president and director of TD Asset Management says Canadian investors are missing out by not holding enough U.S. stocks and those concentrating on the Federal Reserve... Michael Chu, Chase Producer, BNN Posted on 6-18-2013 at 1:18 PM
President Barack Obama hinted in an interview aired on Monday that he may be looking for a new chief of the U.S. Federal Reserve Bank, saying current Chairman Ben Bernanke has stayed a lot... Steve Holland, Reuters Posted on 6-18-2013 at 7:47 AM
U.S. housing starts rose less than expected in May, likely reflecting labor and material constraints, but the overall trend remained consistent with strength in the housing market. Lucia Mutikani, Reuters Posted on 6-18-2013 at 9:41 AM
The United States pledged on Tuesday to keep on pressing for legislation to cut down on the criminal use of shell companies but did not take firmer action for now as part of a Group of... Jeff Mason and Roberta Rampton, Reuters Posted on 6-18-2013 at 11:48 AM
IntercontinentalExchange (ICE) is set to win unconditional EU approval for its $8.2 billion US bid for NYSE Euronext after antitrust regulators found no competition concerns, according to a... Foo Yun Chee, Reuters Posted on 6-17-2013 at 10:15 AM