NEW YORK - U.S. stocks were little changed on Wednesday, as equities recouped much of their earlier declines amid signs of progress in diplomatic attempts to ease tensions in Ukraine.
Recent Business News
SAN FRANCISCO/ NEW YORK - Stanley Fischer, U.S. President Barack Obama's pick for the No. 2 spot at the Federal Reserve, dove in Wednesday to one of the most important debates at the U.S. central bank, as he called for making financial stability an "explicit" policy focus.
LONDON/PARIS - The board of Bouygues was meeting on Wednesday afternoon to approve an increase in its bid for Vivendi's SFR in an attempt to gain the upper hand against a rival buyer, said two people familiar with the matter.
WASHINGTON - U.S. fourth-quarter growth is likely to be revised higher after services industry data on Wednesday suggested a much stronger pace of consumer spending than the government had previously assumed, according to economists.
- The United Auto Workers on Wednesday sharply criticized and vowed to appeal a U.S. agency's decision to let anti-UAW Volkswagen workers defend the results of an election that the union lost last month at a Tennessee VW plant.
The state of the US job market is essentially unchanged. On Wednesday morning, the most recent Bureau of Labor Statistics Job Openings and Labor Turnover (JOLTs) data showed that the rate of hiring, turnover, and the number of open jobs was largely unchanged.
- Charting the Malaysian airliner disappearance
- The worrying (or not) rise of margin debt
- Manufacturing and consumer spending edge up
- Is China’s red-hot housing market finally beginning to cool down?
- What we know about income inequaliy: America’s disappearing ‘middle-skill’ jobs and falling wages
- The end of the boom in emerging markets reserves