WASHINGTON - The U.S. Federal Reserve announced plans to trim its aggressive bond-buying program, but sought to temper the long-awaited move by suggesting its key interest rate would stay lower for even longer than previously promised. Full Article
NEW YORK - Michael Steinberg, a top portfolio manager at Steven A. Cohen's SAC Capital Advisors hedge fund, was found guilty on Wednesday on charges that he traded on insider information.
Russia has offered to buy $15 billion in Ukrainian bonds and supply discounted gas in an effort to soothe unrest in Ukraine. But while the deal will buy Putin cheap influence, it's unlikely to stop the protests. Video | Related Story: Ukrainian president under pressure
Dec. 18 - NASA officials preview the upcoming spacewalk to fix a failed valve that regulates the coolant system on the International Space Station. Nathan Frandino reports.
If you’re going to return a certain amount of cash to shareholders, then there are lots of reasons why it makes sense to do that with a buyback. But once a buyback is over, it’s over. A dividend is much more predictable than a buyback program. Commentary
As technological change has changed photojournalism, news photographers fear that iconic images that could trigger the public’s conscience are being missed. Commentary
Europe uses “soft power,” defined as the power to influence other countries without force or money by drawing people to it who, by “admiring its values, emulating its example, aspiring to its level of prosperity and openness -- want to follow it.” Commentary
Nudging - defaulting people into a saving plan - has been proven extremely effective at increasing participation in pension accounts. Commentary
So long as the doddering Castro brothers are in charge, Cuba is ripe for another revolution. But this time it will be a free market revolt, not a plunge into further darkness. Commentary
Breakingviews editors explain what merit there is in JPMorgan’s lawsuit against the FDIC over WaMu and whether the bank's CEO will score a rare victory against regulators. Video