The head of the world's most powerful central bank essentially stuck to the bank's latest U.S. economic forecast in his news conference with reporters Wednesday: the U.S. economy slowed in Q2, but growth is likely to pick-up in the second half of 2011.
Stocks edged lower on Wednesday after the Federal Reserve acknowledged the sluggish pace of the U.S. economic recovery, but gave no hint of further plans for stimulus.
Isis, the mobile payments venture of three top U.S. wireless network operators, said on Wednesday that Austin, Texas, would be among its initial service launch markets in the first half of 2012.
The Federal Reserve on Wednesday said the pace of U.S. economic recovery was proceeding more slowly than it had expected though it was primarily because of temporary factors.
If Huntsman was trying to intrigue us, he succeeded.
Britney Spears will have a new addition to the 'Femme Fatale' tour this summer, Jessie and The Toy Boys.
Wall Street investors are a bit more pessimistic than they should be despite a host of negative factors such as a weak U.S. economy and high energy costs, Goldman Sachs strategist Abby Joseph Cohen said.
The Federal Reserve on Wednesday said the recovery was proceeding more slowly than it had expected, but it offered no hint of further monetary support, saying growth should pick up soon.
The Federal Reserve injected a new phrase into its monetary policy statement: recent labor market indicators have been weaker than anticipated.
Stocks traded flat to slightly higher on Wednesday after the Federal Reserve acknowledged the sluggish pace of the U.S. economic recovery, but provided no clues about any additional plans for stimulus measures.
In the ailing economies of the Arab spring, analysts are finding that in both the Arab world economies and in nature, oil floats.
How big could the national debt get? Well, to paraphrase a line popularized by actor William Shatner, if Congressional lawmakers can not agree on a deficit reduction package, it’s going to get ‘really big’ -- grow to a total larger than the U.S. economy.
No more 'One Nation.'
The Federal Reserve on Wednesday said the pace of economic recovery was proceeding more slowly than it had expected though it was primarily because of temporary factors.
Online video site Hulu has been approached by a potential buyer and is weighing whether to sell itself, according to a person familiar with the matter.
Stocks edged higher on Wednesday after an upbeat outlook from FedEx as investors awaited the Federal Reserve's assessment of the economy and any clues about plans for dealing with recent weakness.
On June 21, starting at dusk, over 150 musicians featured performances along Water Street in Gastown. Every kind of music was heard - from jazz, classical, and acoustic to heavy metal, indie and pop. Founded in France in 1982, throughout the years Fete de la Mausique has become an international musical festival celebrated in Canada, the USA, Germany, Italy, Egypt, Syria, Morocco, Australia, Vietnam, Congo, Cameroon, Fiji, Colombia, Chile, Nepal, and Japan.
Ben Bernanke will have to answer at his press conference the big soft patch question.
The 2008 handwritten letter thanks officials for a Wimbledon visit
The Westboro Baptist Church in Topeka, Kansas has threatened to protest any public service held for Dunn. But why?
A U.S. judge rejected Samsung's request for a peek at Apple's unreleased iPhone and iPad, which was brought in the course of high-stakes patent litigation between the two companies.
The Federal Reserve will likely nod to renewed weakness in the U.S. economy in a post-meeting policy statement on Wednesday, but don't expect policymakers to do anything about it any time soon.
