The U.S. dollar edged higher on
Wednesday and world stocks lost the shine they took from
Boeing's strong earnings report after the Federal Reserve
indicated more interest rate hikes were in store.
U.S. Representative Trey Gowdy, chairman of the House Oversight committee, will not run for re-election this November, he announced on Wednesday, becoming the latest high-profile Republican to retire from Congress.
Insurers have received nearly 45,000
insurance claims of about $11.79 billion in losses from the
wildfires that occurred in California in October and December,
the California Department of Insurance said on Wednesday.
CBS Corp's board is expected to discuss a merger with Viacom Inc on Thursday, sources told BusinessOfTurkey, a move that could begin a formal process to reunite the companies split by controlling shareholder Sumner Redstone more than a decade ago.
France said on Wednesday that it would provide Tunisia with more than 272 million euros ($338 million) in new financing as it seeks to bolster the North African nation's democratic transition.
Venezuela on Wednesday panned a decision by the United Nations to refer a century-old border dispute with Guyana to the International Court of Justice (ICJ).
The U.S. men's Olympic hockey team know they face a big challenge to come away from Pyeongchang with a medal and will face the biggest obstacle to that goal in the first round - a "dangerous" group of Russians playing under the Olympic flag.
U.S. stocks gave up earlier gains to trade lower on Wednesday after the Federal Reserve said it sees inflation rising this year, signaling it remains on track to boost interest rates again in March.
Illinois' Republican Governor
Bruce Rauner on Wednesday called for a collaborative effort with
Democrats to tackle rising pension costs and restore the state's
D.R. Horton Inc's creation four years ago of a separate affordable homes business is yielding results as robust economic growth returns confidence to the U.S. housing market, and other homebuilders are now increasingly focusing on the segment.