U.S. government debt prices climbed, weighing on yields, Wednesday as traders await a statement from the Federal Open Market Committee.
Rebounding from steep losses in the previous session on a cautious Fed statement on interest rates, the dollar rose broadly.
The Federal Reserve concluded its latest meeting Wednesday, with markets anticipating the chance of an interest rate hike later this year.
Speculation was intense going into the decision that the Fed might drop "patient" from its statement and signal the chance of an imminent rate hike.
This is a comparison of today's FOMC statement with the one issued after the Fed's previous policy-making meeting on Jan. 28.
Coffee giant Starbucks announced a 2 for 1 stock split on Wednesday, its first split in nearly a decade.
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Former Dallas Fed President Robert McTeer says the markets have been contrarian, so the Fed should go ahead and do it.
Blue Shield of California could pay tens of millions of dollars to the state in taxes after being stripped of tax-exempt status.
U.S. stocks closed sharply higher as investors cheered the Fed's statement that indicated a rate hike would come later rather than sooner.
Emerging markets have a right to feel nervous before Wednesday’s Fed meeting. Any sign that rates will rise could spark a fresh bout of instability.
This factor has dealt a blow to the middle-class American family. NBC News reports.
The Fed can change how things look but "not how they are," Jim Grant, founder of Grant's Interest Rate Observer, tells CNBC.
U.S. stock index futures indicated a lower open on Wednesday ahead of the hotly anticipated statement from the Federal Reserve.