WASHINGTON'S LEADING BUSINESS MAGAZINE

Daily Intel

Fiat Chrysler to spin off luxury brand Ferrari
MILAN (AP) — Fiat Chrysler Automobiles announced Wednesday it will spin off sports car maker Ferrari into a separate company, a move to unlock the luxury brand's value and distinguish it from its mass-market parent. The spinoff aims to raise money...
Oct 30, 2014 | 7:30 AM
How the Dow Jones average fared Wednesday
U.S. stocks closing slightly lower Wednesday after the Federal Reserve said it was shutting down a bond-buying program because the economy no longer needs as much help. The Nasdaq composite fell 15.07 points, or 0.3 percent, to 4,549.23.
Oct 30, 2014 | 7:30 AM
Stocks slip after Fed statement; Dollar gains
Stocks slip after Fed statement; Dollar gains Facebook slumped 6 percent after its chief financial officer said the social networking giant's expenses could rise sharply next year as it ramps up spending.
Oct 30, 2014 | 6:30 AM
Q&A: Did the Fed's $4 trillion experiment work?
The Federal Reserve announced the end of its economic stimulus known as quantitative easing on Wednesday. Launched during the financial crisis in 2008, it was an unprecedented effort aimed at reviving a dormant economy through buying trillions in...
Oct 30, 2014 | 6:30 AM
Q&A: Did the Fed's $4 trillion experiment work?
The $4 trillion experiment is over.
Oct 30, 2014 | 6:30 AM
Sole ND abortion clinic halts medication abortions
BISMARCK, N.D. (AP) — North Dakota's sole abortion provider stopped providing medication abortions Wednesday in the wake of a state Supreme Court ruling that blocked the use of pregnancy-terminating drugs, though surgical abortions were still being...
Oct 30, 2014 | 5:30 AM
Comparing US Fed's views on jobs, bond purchases
[...] the Committee decided to conclude its asset purchase program this month. The Fed has much more positive view of the job market: Labor market conditions improved somewhat further, with solid job gains and a lower unemployment rate. The Fed...
Oct 30, 2014 | 5:30 AM
Health care overhaul doubts ease for insurers
The nation's biggest health insurers entered last fall cautious about a major coverage expansion initiated by the health care overhaul, the federal law that aims to cover millions of uninsured people. Late last year, the overhaul's state-based...
Oct 30, 2014 | 4:30 AM
Text of the Federal Reserve's statement Wednesday
The Committee expects that, with appropriate policy accommodation, economic activity will expand at a moderate pace, with labor market indicators and inflation moving toward levels the Committee judges consistent with its dual mandate. The...
Oct 30, 2014 | 3:30 AM
Microsoft introduces fitness band, personal health platform
Microsoft has joined the fitness wearables market with the Microsoft Band and a personal health and fitness cloud service platform called Microsoft Health.%%%46f970f061611bd37580bc08b03de830%%%The band has 10 sensors that monitor everything from...
Oct 30, 2014 | 3:30 AM