IBT Staff Reporter

66991-67020 (out of 154953)

Wall Street edges higher ahead of Fed statement

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.

Fete de la Musique brings light back to Vancouver’s spirits

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.

Fed seen dialing down GDP forecasts

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.

Airbus orders pile up as Boeing stalls

Airbus put on a show of force at the Paris Air Show on Wednesday, securing a $16 billion deal for 180 aircraft from India's IndiGo and saying more deals were near, leaving rival Boeing in the shade.

Transocean report pins oil spill blame on BP

Oil driller Transocean Ltd blamed BP Plc in a report released on Wednesday for last year's Gulf of Mexico spill in the latest skirmish between the two companies over paying the costs for the maritime oil disaster.

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