Snapchat is in the process of raising $650 million in equity, which would value the company at 16 billion, sources told CNBC.» Read More
An improvement in Australia's employment in October after two months of job losses will allay some fears about the labor market, but employment still looks far from healthy, analysts say.
Former Federal Reserve Chairman Ben Bernanke predicted that the European Central Bank (ECB) would have a rough time implementing U.S-style monetary easing.
Gold sunk below $1,150 per ounce to its lowest since mid-2010, opening the way for a fall to $1,000. Silver fell even harder.
Peter Thiel speaks exclusively to CNBC's "Halftime Report" from Dublin about the U.S. elections, valuations and Tim Cook.
The pace of growth in the U.S. services sector slid for a second month, but employment hit a fresh nine-year high.
Oil futures spiked Wednesday on unconfirmed rumors of an oil pipeline explosion in Saudi Arabia and data that showed U.S. crude inventories rose less than expected.
The pace of growth in the U.S. services sector slowed more than previously estimated in October, hitting its lowest level in six months.
The Minneapolis Fed president said an interest-rate hike at any time in 2015 would be "inappropriate" because of the muted outlook for inflation.
Some of the names on the move ahead of the open.
U.S. private employers added 230,000 jobs in October, exceeding economists' expectations, a report by a payrolls processor showed on Wednesday.
President Barack Obama will hold a news conference on Wednesday afternoon to discuss the sweeping Republican victory in Tuesday's midterm election.
Eric Cantor says unilateral action by Obama on immigration would "light a fuse" among Republicans now that they control Congress.
Even a small rise in mortgage rates was enough to cut off the spigot on refinances.
Time Warner raised its earnings outlook on Wednesday after the media company reported that growth in the Turner and HBO segments accelerated at a faster pace than expected.
Business growth in the euro zone slowed more than expected in October, as demand rose to the weakest degree in the last 15 months of expansion.
Marks & Spencer reported a 1 percent rise in group sales to £4.9 billion ($7.8 billion) in a set of half-year results which were better than expected.
Asia stocks were under pressure on Wednesday amid concerns over oil and Chinese growth, but Japanese markets continued to outperform the region.
The Republican Party won control of the U.S. Senate on Tuesday, in a night that turned out to be a historic defeat for Democrats.
The Republicans will now be in control of the Senate for the first time since 2007. Now it has to prove itself.
McConnell, the current Senate minority leader, was challenged by Democratic rival Alison Lundergan Grimes.