Economic performance will determine when the Fed raises U.S. interest rates from near zero, he said, adding he hopes to tighten policy this year.» Read More
Asian equities were mixed on Thursday as profit-taking overshadowed robust U.S. economic data overnight.
Samsung reported its worst quarterly profit in two years and was downbeat about prospects, fueling concerns about its ability to face competition.
A second-quarter economic rebound did nothing to change the Fed, which stayed the course Wednesday with ultra-easy monetary policy.
A U.S. district court in Manhattan has ruled that Bank of America must pay the U.S. government $1.27 billion in a Countrywide "hustle" fraud.
Bond yields rose on Wednesday after the Federal Reserve announced that it will taper another $10 billion.
Obama also used the speech to lampoon Congress, saying it should "stop being mad all the time. Stop just hating all the time."
Argentine banks are expected to offer to buy debt owned by holdout investors suing country in a bid to avert default, a banking executive said.
U.S. economic growth accelerated more than expected in the second quarter, which may bolster views for the remainder of the year.
Private businesses created 218,000 jobs in July, a number that while solid and in line with previous months fell below expectations, according to ADP.
Some of the names on the move ahead of the open.
Sprint reported higher-than-expected second-quarter revenue on Wednesday.
Applications for U.S. home mortgages slipped last week as refinancing applications dropped, an industry group said on Wednesday.
AstraZeneca took steps to build up its respiratory medicine business by striking a deal to acquire the rights to lung drugs developed by Almirall.
Barclays investment banking profits almost halved in the first half compared to the same period last year, as trading revenues slumped.
Asian equity markets were mostly higher on Wednesday ahead of key risk events in the United States.
Japan's June industrial output fell its fastest since the quake in March 2011 as companies slowed production to offset a build-up in inventories.
Icahn cut his stake in Family Dollar Stores to 6.03% as of Tuesday from a previously reported stake of around 9.39%, according to a SEC filing.
Check out which companies are making headlines after the bell Tuesday: Twitter, Amgen, American Express & more.
Twitter jumped sharply on Tuesday after the social media company easily topped earnings and revenue expectations.
Amgen posted higher-than-expected profit and said it would cut 12 to 15 percent of its workforce and close two plants.