Visa reported earnings and revenue that beat market expectations. Shares rose after-hours.
Ford, GM, Chrysler and Nissan reported double-digit U.S. sales gains last month, signaling the best April for car and truck sales in six years.
The Federal Reserve held fast to its ultra-accommodative monetary policy, solidified by what board members described as an economy weakened by fiscal policy.
Laser beams and microwave dishes are the latest weapons in an arms race to shave milliseconds off dealing times in the shadowy world of high speed financial trading.
Foreigners now hold a record of more than $13 trillion in American securities as the U.S. seeks to assert itself as the safest port in troubled global waters.
Comcast reported earnings that topped Wall Street analysts' estimates by a penny a share on Wednesday, driven by gains in its cable and theme park businesses.
With only five months to go before the start of enrollment for Obamacare, the President defended the Oct. 1 deadline and pointed to Washington state as a model for getting these systems up and running on time.
Commodities Futures Trading Commissioner Bart Chilton proposes on CNBC a transaction fee on speculative trading that would slow high-frequency trades and help fund his agency.
Looking to Friday's jobs report, more job cuts are on the way as the river of government spending flowing through the U.S. economy continues to slow as a result of sequestration.
The pace of US manufacturing growth slowed in April, an industry report showed on Wednesday. A separate report showed that construction spending fell in March.
Erskine Bowles, former co-chair of the president's debt commission, told CNBC that a "Grand Bargain" on deficit reduction is "on life-support," with the chances reaching it "north of zero" percent.
Time Warner says earnings grew 24 percent in the first three months of the year, as the company benefited from strength in its television networks.
Manufacturing job growth, which included adding a half million workers between January 2010 and the middle of last year, has hit a plateau over the last six months.
Revisions will probably show the economy has been bigger than its stated $15 trillion. That won't mask the reality that this is the worst economy in 83 years.
Payments processor MasterCard reported profit that beat Wall Street's expectations, but its chief executive maintained a cautious outlook for the full year and said the second quarter quarter looks "dodgy" in the U.S.
The gloomy news continued for jobs as ADP reported Wednesday that private companies created just 119,000 new positions in April.
Merck posted lower-than-expected first-quarter sales, as generic competition hurt demand for its Singulair asthma drug and the stronger dollar hit overseas sales of its medicines.
Tom Wheeler is a venture capitalist and former wireless and cable lobbyist; Melvin Watt is a 20-year House veteran and former chairman of the Congressional Black Caucus.
Applications for U.S. home mortgages rose last week, fueled by demand for refinancings as interest rates dropped, data from an industry group showed on Wednesday.
A private equity group made up of Bain Capital LLC and Golden Gate Capital Corp has emerged as the lead contender to buy BMC Software for more than $6.5 billion, three people familiar with the matter said on Tuesday.