The Federal Open Market Committee was expected to keep its target funds rate near zero, as all eyes look toward a possible rate hike next year.
Shares of cruise company Carnival and airliner Copa Holdings were among the stocks boosted on normalized diplomatic Cuban relations.
During peace talks in Havana, FARC rebels agreed to a cease-fire in Colombia—given that the military does not attack them.
Sony said it would not release the controversial film "The Interview" as planned on Dec. 25, citing theater chains' plans not to show the movie.
Fed Chair Janet Yellen is holding her last news conference of 2014, with the phrase 'considerable time' a hot-button subject.
This is a comparison of today's FOMC statement with the one issued after the Fed's previous policy-making meeting on October 29.
Here's what bothers Ron Insana about the Fed's statement — its last of 2014.
Oil stocks bounced, in their best day in three years, but oil industry analysts say the equities may be premature in celebrating a bottom in oil prices.
In a rare move for a CEO, Starbucks is discussing a touchy subject with employees: racial tension in America.
The top five movie theater chains in the United States are currently not planning to show Sony's "The Interview" on its Christmas Day opening, sources said.
Oracle delivered second-quarter earnings of 69 cents per share on $9.60 billion in revenue, topping expectations on the top and bottom lines.
The U.S. is re-establishing diplomatic ties with Cuba, but Armando Codina said he isn't ready to invest in the communist country.
The Florida Republican senator also says Congress also won't fund a U.S. Embassy in Havana.
Russia's once legendary scientific productivity has been in decline for decades, and some scientists fear the current climate is making things worse.
An unconfirmed rumor is sending McDonald's shares and options soaring.
Car theft has plunged 58 percent since its all-time high, according to new FBI data.
Uber said Wednesday that it would begin a new series of measures to boost safety at the ride-sharing startup—including biometric and voice screening for drivers.
Some observers say a less acrimonious future between the United States and Iran makes economic sense.
Experts are calling for relatively good weather during the final shopping weekend of the holiday season.
The former head of health-care investment banking, already on voluntary leave because of a nasty divorce proceeding, has resigned to focus on family.