FOREX: Yen Outperforms as Traders Look Past US GDP to EU Summit

There are just two reports are on today’s economic calendar, GDP and consumer sentiment.GDP for the fourth quarter will be reported at 8:30 a.m. ET. The consensus forecast calls for a reading of 3.1 percent. …

MIXED OUTCOME: Amgen Inc.’s fourth-quarter sales just topped Wall Street’s expectations, rising 3 percent to $3.97 billion, but its adjusted income of $1.21 per share fell short by a penny. Its net income …

A Very Mixed Day …

In an unusual burst of activity Wednesday, the Federal Reserve said it will probably keep interest rates low for nearly three years, provided an inflation target for the first time, updated its economic …

In an unusual burst of activity Wednesday, the Federal Reserve said it will probably keep interest rates low for nearly three years, provided an inflation target for the first time, updated its economic …

Treasury Secretary Timothy Geithner said on Wednesday he would not expect to be asked to continue as Treasury chief if President Barack Obama wins re-election. “He’s not going to ask me to stay on, …

Treasury Secretary Timothy Geithner said on Wednesday he would not expect to be asked to continue as Treasury chief if President Barack Obama wins re-election. “He’s not going to ask me to stay on, …

The Federal Reserve on Wednesday took a series of historic steps toward making the inner workings of its once-secretive rate-setting committee public, publishing forecasts for short-term U.S. interest …

Stellar earnings from Apple and a pledge from the Fed to keep interest rates low until 2014 were enough to spark a broad-based rally on Wall Street today. Euphoria from Apple’s impressive quarterly results …