Philadelphia Federal Reserve President Patrick Harker says three interest rate hikes this year would be appropriate.
U.S. import prices rose in December, boosted by higher prices for petroleum products, but a strong dollar kept underlying imported inflation in subdued.
Initial claims for state unemployment benefits increased 10,000 to a seasonally adjusted 247,000 for the week ended Jan. 7.
The St. Louis Fed president tells CNBC the 10-year yield is settling down, as markets look to Trump to deliver on growth promises.
Oil prices rose on Wednesday, shrugging off a bearish report on U.S. stockpiles and lifted by news of Saudi supply cuts to Asia.
Mohamed El-Erian, chief economic advisor at Allianz, made his comments on CNBC's "Fast Money" on Wednesday.
These are the stocks posting the largest moves after the bell on Wednesday: KBH, WWE & more.
"The next attorney general must bring hope and healing to this country," Sen. Cory Booker testifies against Sen. Sessions.
Rex Tillerson on Wednesday said he does not support restricting travel or immigration to the United States by Muslims.
Bond prices fell as investors digested Donald Trump's remarks at his first press conference as president-elect, as well as new supply.
U.S. equities closed higher in choppy trade, shrugging off a sharp decline in health care stocks following remarks made by Donald Trump.
Trump contended that Russia will no longer hack the U.S. when he is president, but did not answer questions about sanctions.
Dr. David Shulkin, Trump's designated VA secretary, was appointed undersecretary of health by President Obama.
Donald Trump faced a wide-ranging press conference Wednesday for the first time since July.
Critics of Tillerson leading the State department have focused on his ties to Russia and lack of government experience.
Some of the names on the move ahead of the open.
Caution in the new year among investors was enough to put a little juice back into the mortgage market. Here's how.
Asian shares were mostly positive on Wednesday as investors prepare for Donald Trump's first full press conference as president-elect.
U.S. equities closed mixed after a choppy session on Tuesday, as the Nasdaq composite notched a fresh record high.
Oil prices extended the previous session's sharp sell-off, as the U.S. dollar strengthened and doubts over a deal to cut output loomed.