Jim Cramer says the weakness in the oil market has caused this stock, and many others, to suffer.» Read More
David Kelly, JPMorgan Funds chief global strategist, thinks the Fed will move on rates in September.
CNBC's Steve Liesman reports the statement by the Federal Reserve after the 2-day meeting finished.
*Fed statement expected at 2 p.m. ET. In a recent congressional testimony, Fed Chair Janet Yellen neither ruled out a September interest rate hike nor guided the market toward thinking it was a done deal. The statement is expected at 2 p.m. ET.
CNBC's Rick Santelli discusses expectations for the Fed meeting, and labor participation, with Mark Olson, former Fed Governor.
CNBC's Steve Liesman weighs in on how much the timing of the Fed rate hike matters as the Fed wraps up their two-day meeting.
CNBC's Big Crunch analyzed every single word from Fed Chair Janet Yellen. Here are the insights from those press conferences.
WASHINGTON— International Monetary Fund chief Christine Lagarde says the world economy is recovering but fragile and "faces some downside risks." In an online press conference Wednesday, Lagarde described the United States "a strong performer" and China "resilient" despite a recent drop in Chinese stock prices. She said Greece needs to enact reforms that will...
*Fed statement expected at 2 p.m. ET. *Yelp falls sharply after revenue misses expectations. The statement is expected at 2 p.m. ET.
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar, as the two-day Fed meeting wraps up.
Lindsey Piegza, Stifel Fixed Income, shares her outlook on the economy and the Fed's next move. And CNBC's Steve Liesman weighs in.
CNBC's Steve Liesman weighs in on what he expects to hear from the Fed later today when they conclude their two-day meeting.
LONDON, July 29- Major currencies that are closely linked to commodities prices were back on the defensive on Wednesday as oil prices fell again and traders awaited the outcome later in the day of a U.S. But even with a more encouraging tone on China's stock markets limiting the damage, the Canadian and Australian dollar were both down by 0.2-0.3 percent in...
*Wall Street seen following higher. *China stocks stabilize after Monday's 8 pct drop. The rise in Europe and most Asian markets overnight looked set to extend to U.S. markets where stock index futures pointed to Wall Street edging up 0.2 percent.
July 29- U.S. stock index futures rose on Wednesday on hopes that Beijing could stem the rout in its markets and ahead of a statement from the U.S. *In a recent congressional testimony, Fed Chair Janet Yellen neither ruled out a September interest rate hike nor guided the market toward thinking it was a done deal. The statement is expected at 2 p.m. ET.
The Fed is expected to point to a growing U.S. economy and stronger job market as it sets the stage for a possible interest rate hike in September.
LONDON, July 29- Emerging stocks snapped a five-day run of losses on Wednesday, lifted by a Chinese market bounce, but currencies were broadly weaker before a Fed meeting that may set the stage for the first U.S. rate rise in nine years. Stocks worldwide firmed on some healthy corporate results, which along with 3.5 percent gains in mainland China, lifted MSCI's...
Luke Bartholomew, fixed income investment manager at Aberdeen Asset Management, discusses the Federal Reserve's strategy and whether they will hike in September.
*European shares follow Asia, Wall Street higher. LONDON, July 29- European equities advanced on Wednesday, spurred by strong corporate earnings and gains in U.S. and Asian markets on hopes that Beijing could stem the rout in its markets without damage to the world's second biggest economy. "The results from European companies have been reasonably reassuring so...
LONDON, July 29- Major currencies that are closely linked to commodities prices were back on the defensive on Wednesday as oil prices inched lower and traders awaited the outcome of a U.S. The New Zealand dollar was again the exception to that rule, gaining after the country's central bank governor played down the chances of further deep cuts to interest rates...
*Asia shares tentatively higher, helped by Wall Street rally. The steadier tone was enough to lift Australia's main index 0.9 percent, while MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 percent. Japan's Nikkei eased 0.3 percent, hit by sharp falls in Fanuc Corp and Tokyo Electron.