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Wall St. edges higher as Fed minutes release draws near

U.S. stocks were modestly higher early on Wednesday afternoon, aiming for a fifth straight day of gains, ahead of the minutes of the Federal Reserve's latest meeting that could cement the chances of a widely expected interest rate hike next month.

Recent Business News

Loeb sees $20 billion more value from Dow-DuPont merger

Activist investor Daniel Loeb's Third Point LLC said Dow Chemical and DuPont could unlock $20 billion in additional value by tweaking their plan to split into three companies following their merger.

1:09pm EDT

Linde, Praxair reach agreement on details of merger

FRANKFURT German industrial gases group Linde and U.S. peer Praxair have reached a deal in principle on details of their proposed $70 billion merger, Linde said on Wednesday.

Deals, Mali 11:12am EDT

U.S. appeals court appears divided in CFPB regulator case

WASHINGTON A U.S. appeals court appeared sharply divided along partisan lines on Wednesday on whether the structure of the Consumer Financial Protection Bureau is constitutional, tilting slightly toward the regulator in one of two cases that could weigh on the policing of Wall Street.

1:31pm EDT

Bitcoin soars above $2,400 to all-time high

Digital currency bitcoin hit a fresh record high on Wednesday, surging above $2,400, as demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using blockchain technology.

10:55am EDT

Citi struggles to bring back shine to its Mexican crown jewel

MEXICO CITY/NEW YORK The newly refurbished Citibanamex branch in Mexico City's affluent Del Valle neighborhood opens into a Scandinavian-chic space where salespeople chat with clients at touch screens. The next room, though, is filled with customers queueing up in front of tellers or waiting on benches. Outside, more line up to use the ATMs.

9:32am EDT

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