The Monetary Policy report from the FOMC was released today as Federal Reserve Chairman; Ben Bernanke will offer his third live video press conference of the year today at 2:15 EDT.
Comcast Corp., the nation's biggest cable television company, reported Wednesday a 5 percent profit increase in the third quarter, but fell short of Wall Street's earnings estimate by 6 cents per diluted share, its first miss since July 2008.
Peru's government said on Wednesday it would try to broker a truce with angry protesters who are opposed to Newmont Mining's $4.8 billion Conga project, the biggest mining investment in the country's history.
One of the largest U.S. precious metals dealers, which has used advertising by such conservative figures as Glenn Beck and Mike Huckabee, vowed Wednesday to fight bait-and-switch charges brought by Santa Monica, Calif.
Growing numbers of investors are turning to the minor metals market as a safe haven for their pension funds as gold and silver prices soar to record highs.
Corporations are booking huge third-quarter profits and sitting on gargantuan piles of cash -- and nothing could be less important.
Bank of America Corp. employees are flooding rival companies with resumes as a major cost-cutting program gets under way at the second-largest U.S. bank
Upbeat job market data helped stocks bounce off two days of losses on Wednesday, with a crisis meeting about Greece and the end of a U.S. monetary policy session also on investors' minds.
The U.S. job market continues to register incremental progress, as the private sector added 110,000 jobs in October, ADP said, with job gains concentrated in the services sector and in small/medium companies.
West Africa-focused miner Randgold Resources Ltd. is confident of posting record gold production in the fourth quarter, enabling it to meet its annual guidance as it expands output from its Gounkoto mine in Mali.
Stock index futures edged higher on Wednesday, following two days of sharp market losses, with developments in Greece and a U.S. monetary policy meeting in focus.
Gold firmed on Wednesday, helped by safe-haven demand as the Eurozone troubles deepened and business surveys showed the severe impact the crisis had on manufacturing in the region.
Stock index futures pointed to a higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.6 to 1 percent.
The top after market NYSE gainers on Tuesday were: Stone Energy, Kindred Healthcare, Kinder Morgan, Ferro Corp and ING Group. The top after market NYSE Losers were: Sprint Nextel, Verifone Systems, Masco Corp, SuperValu and Newpark Resources.
U.S. banks have not done enough to ensure they are well capitalized, and getting back to a system where retail and investment banking are separated would be attractive in terms of reform, Bill Gross, manager of the world's largest bond fund, said on Tuesday.
Gold traded lower on Tuesday, under pressure from a stronger dollar, but a surprisingly weak read of U.S. factory activity enabled the euro to claw back some gains, thereby helping the bullion price pare earlier losses.
Appcelerator raised $15 million in its latest round of funding, making the developer the largest third-party app publisher for both iOS and Android platforms.
Gold prices fell sharply Tuesday but regained much of the lost ground to close down 0.8 percent on reports that retail investors are increasing their exposure to gold-back exchange-traded products.
Is now a good time to consider the shares of giant drug store chain Walgreen (WAG)?
French banks and lenders exposed to Greece and other weak euro zone countries slumped on Tuesday after Greece's leader said he would put a bailout plan to a referendum, raising the risk of a disorderly default.
The Federal Reserve could begin to prepare financial markets for further monetary easing at the conclusion of a two-day meeting that began on Tuesday, even if it refrains from any new stimulus just yet.
The indifference shown by the majority of India's deep-pocketed corporates toward Formula One has baffled team bosses who expect them to warm to the sport following the success of last weekend's inaugural Indian Grand Prix.
