Wall Street ticks lower as FedEx warns on profit; Fed on tap
U.S. stocks edged lower at open on Wednesday, pressured by FedEx's warning on full-year profit, while investors waited for the Federal Reserve's decision on interest rates.
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
The 'Flash Boys' exchange is expanding, now wants to save corporations fleeced by speed traders
Corporate buyback trades are ripe for being picked off by high speed firms, effectively siphoning millions of dollars from the companies.
ECB weighs investigating Deutsche Bank over alleged unauthorized bond purchases: sources
The European Central Bank is examining whether to open a formal investigation into Deutsche Bank for allegedly buying some of its own securities without authorization, two...
The next recession could crush many with credit card debt
The next downturn won't have to be as bad as the Great Recession for credit card delinquencies to become a big problem. Here's what you can...
Oil prices slip on Saudi pledge, financial markets look to Fed
Oil prices cooled on Wednesday as Saudi Arabia's pledge to quickly restore production eased supply worries, while caution ahead of an expected U.S. interest rate cut...
Facebook unveils new Portal video chat, TV streaming devices
Facebook Inc unveiled new models of its Portal video chatting devices on Wednesday, making the company's first foray into TV streaming hardware but offering a limited...
Tesla wants your car insurance business. It may not save you money
The electric car manufacturer is offering auto insurance to its owners in California, with plans to expand to other states.
Lone 737 MAX criss-crossed Canada for pilot checks during grounding
While the world's Boeing 737 MAX fleet remains grounded after two fatal crashes, a solitary Air Canada plane has been spotted in the skies, shuttling between...
'Flash Boys' exchange wants to protect corporations from being fleeced by speed traders
Corporate buyback trades are ripe for being picked off by high speed firms, effectively siphoning millions of dollars from the companies.
Garments for lease: 'rental' apparel brings new wrinkles for retail stores
Lisa Batitto, 54, says she has virtually stopped buying clothes ever since she started renting them.
Cramer: FedEx holds 'most dispiriting call about the economy I've heard in a very long time'
FedEx CEO Fred Smith is "basically implying that we're going to import" a global slowdown," says CNBC's Jim Cramer.
This year's IPO class is the least profitable of any year since the tech bubble
This year's initial public offerings are performing like it's 1999 — and not in a good way.
A majority of CFOs believe the US will be in a recession within a year
Corporate executives and money managers have grown increasingly pessimistic about the economy as growth around the world slows.
Futures on back foot before Fed policy decision
U.S. stock index futures dipped on Wednesday as investors waited for the Federal Reserve's decision on interest rates in what has been a rocky week for...
Apple spars with EU as $14 billion Irish tax dispute drags on
Apple accused the European Commission of misunderstanding its business on day two of the iPhone maker's appeal against a $14 billion tax order, in a dispute...