WASHINGTON: The US Federal Reserve's policy-setting Federal Open Market Committee issued a statement Wednesday after a two-day meeting announcing it had kept unchanged its benchmark near-zero interest rate.
Facebook released its Q2 FY2015 earnings report today and the social networking company announced that it now has 1.49 billion monthly active users (MAUs), an increase of 3.47 percent from last quarter and 13 percent increase from a year ago.
NEW YORK—Oil prices rose Wednesday on unexpected declines in U.S. crude-oil supplies and production. Prices have slumped this month on renewed fears that the global glut of crude oil could last longer than investors initially expected.
United Airlines detected a breach in its computer systems in May or early June, potentially putting the movements of millions of Americans in the hands of a China-backed hacker group, Bloomberg reports.
Journalism, as you may have picked up of late, is not exactly a growth industry. This chart, built by our own Philip Bump using data from ASNE's 2015 newsroom census, shows that reality rather starkly.
Vertex Pharmaceuticals Inc. VRTX -2.09 % said its second-quarter revenue rose 20% on strong sales of Kalydeco that led the biotechnology company to raise its 2015 sales guidance for the cystic-fibrosis drug.
(Adds sale date for bonds, mayor's comments, previous D rating, reduction in size of issue). July 29 (Reuters) - Detroit won an investment-grade rating of A from Standard & Poor's on Wednesday for an upcoming sale of bonds backed by income tax revenue, ...
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