Microsoft Corp is targeting $20 billion in annual revenue from its cloud-computing businesses by the end of fiscal 2018, Chief Executive Satya Nadella said on Wednesday, signa ..
The Federal Reserve on Wednesday pointed to weakness in the U.S. labor market and economy, in a sign that the central bank is struggling to proceed with its plans to raise int ..
The company also reported on Wednesday first-quarter revenue below the average analyst estimate as it added fewer-than-expected local advertising accounts. Yelp's local a ..
Wall Street is focused on when the Federal Reserve will raise rates, but the pace and destination is more important, BlackRock's Rick Rieder says. ..
General Motors (GM.N) on Thursday will announce a multibillion-dollar, multiyear investment in several U.S. manufacturing plants in a move to boost production and vehicle qual ..
"We all know the Fed would love to start normalizing rates, but the simple fact is, the data does not warrant that action right now," said Wayne Kaufman, chief marke ..
U.S. stocks fell as traders weighed a dovish statement from the Federal Reserve against a weaker-than-expected report on the U.S. economy. ..
Oil prices hit the highest this year on Wednesday after the first crude stock draw in five months at the U.S. Cushing, Oklahoma hub suggested an oil glut may be starting to ea ..
U.S. economic growth nearly stalled in the first quarter as harsh weather dampened consumer spending and energy companies struggling with low prices slashed spending. While th ..
Former Federal Reserve chairman Ben Bernanke is joining bond giant Pimco as a senior adviser, as the firm seeks to bolster its star power following the departure of co-founder ..