The nation's crude oil supplies rose by 2.6 million barrels, or 0.7 percent, which is 3.2 percent above year-ago levels, the Energy Department's Energy Information Administration said.
The U.S. stock market got a boost from Macy's on Wednesday, pushing up S&P and the Dow, but Chegg dropped 19 percent on its first day of trading.
Slower revenue growth dragged on Cisco's first-quarter results.
Median home values held steady in small counties across the country but dipped in large ones, according to a new housing brief from the U.S. Census Bureau.
Central banks were among the first to warn that their ability to compensate for others' inaction is neither endless nor risk-free, yet they have assumed a dominant policy-making position in the years since the economic meltdown.
Starbucks agreed, after being ordered by an arbitrator, to pay $2.76 billion for ending a deal for Kraft to get the coffee giant's packaged brews to grocery chains.
Wall Street investors weighed signs of an improving economy against the prospect of the Federal Reserve cutting back on its economic stimulus, sending stocks mostly lower in Wednesday trading.
The Iraqi government said it was close to signing an $11 billion deal with Royal Dutch Shell to construct a petrochemical processing plant.
British bank Barclays said Hector Sants, the head of its regulatory compliance office, has decided to step down from his post.
Macy's reported a quarterly profit Wednesday that easily surged past Wall Street expectations, with the department store chain citing increased advertising for stronger sales.
Stocks fell in early trading Wednesday as investors weighed signs of an improving economy against the prospect of the Federal Reserve cutting back on its economic stimulus.
Despite preconceptions that Millennials buy everything online, they may actually be first in line to shop in brick-and-mortar stores this Thanksgiving Day.
Will Tim Massad, nominated to head the Commodity Futures Trading Commission, prove as aggressive as Gary Gensler in holding Wall Street banks to stricter standards?
Daniel Loeb said he'as taken a stake in FedEx Corp. and met with its leadership, goosing the shipping company's stock.
The head of the World Bank says growth in the global economy is proceeding in a positive way but there still is a lot of work to be done to make sure it lasts.