Fed Flags Midyear Rate Hike---Or Later The Federal Reserve signaled it would keep short-term interest rates near zero at least until midyear, while also setting the stage for tough decisions in the coming weeks about whether it should wait even longer.
Consumer Confidence Surges U.S. consumers turned exceedingly upbeat about the economy at the start of 2015, with the Conference Board’s index of consumer confidence hitting its highest level since August 2007.
Amazon Delivers $214 Million in Profit Amazon posted higher-than-expected net income for the fourth quarter, despite sales growth below forecasts. The e-commerce giant’s spending continued to weigh on its bottom line.
Cheap Oil Sours Big-Ticket Energy Projects Chevron’s big-budget exploration projects, conceived during an era of high energy prices, are starting to produce their first barrels of oil as a global glut is making the payoff from such projects less certain.
Senate Passes Keystone XL Bill The Senate on Thursday passed legislation approving the Keystone XL pipeline, moving the GOP-controlled Congress one step closer to a showdown with President Obama over the long-stalled project.
Google Revenue Hurt by Rising Dollar The rising dollar claimed another victim as Google’s revenue grew slower than expected. Absent the dollar’s impact, revenue would have risen roughly 20%.
Which Future Lies Ahead for BuzzFeed? BuzzFeed, the eight-year-old news website that pioneered the “listicle,” has many imitators but now must prove that its growth model is sustainable and that “native ads” can generate measurable returns for brands.
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