The U.S. manufacturing sector continued to expand in December but its growth rate hit an 11-month low, an industry report showed on Tuesday.» Read More
Fed Chair Janet Yellen is holding her last news conference of 2014, with the phrase 'considerable time' a hot-button subject.
Stocks rose Wednesday as investors bet the Fed would continue to support the economy.
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.
Leon Cooperman offered insight into the market effects of the changes in U.S. economic policy with Cuba in an interview with CNBC.
Two strains of avian influenza have been confirmed in wild birds in Washington state but there is no immediate cause for public health concerns.
US President Barack Obama spoke Wednesday about overhauling the US relationship with Cuba, which has been strained for years.
The Florida Republican senator also says Congress also won't fund a U.S. Embassy in Havana.
The president is set to announce the biggest change in the US policy toward Cuba in more than 50 years.
General Electric would like Russia to be in better shape now but also likes it for the long term, Chief Executive Jeff Immelt said on Wednesday.
The ruble extended gains in the minutes following the Russian central bank's announcement that it is preparing to pump money into banks in 2015.
The president is set to announce a wide range of changes to the government's policy toward Cuba, according to a report.
Companies making headlines before the bell Wednesday:
U.S. consumer prices recorded their biggest drop in nearly six years in November as gasoline prices tumbled.
Mortgage rates dropped last week to their lowest level since May 2013, but home buyers are not reacting to the move.
Wages in the U.K. showed a promising increase in the three months to October, despite unemployment remaining stuck at 6 percent.
Russia's Finance Ministry says it was starting to sell its leftover foreign-currency stock and that it considered the ruble to be undervalued.
Asian equities largely recovered from the week's rout on Wednesday as investors look ahead to the Federal Reserve's monthly meeting.
Japanese exports undershot expectations in November despite the effects of a weaker yen, but rose for the third straight month suggesting a pick up in global demand.
Apple stopped product sales in the troubled country Tuesday "due to extreme fluctuations in the value of the ruble."