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Business News
OPEC reaches preliminary accord to curb oil production
ALGIERS, Algeria (AP) -- OPEC nations reached a preliminary agreement Wednesday to curb oil production for the first time since the global financial crisis eight years ago, in an effort to reduce a global glut of crude that has depressed oil prices for more than two years and weakened the economies of oil-producing nations....
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Business Highlights
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How the Dow Jones industrial average fared on Wednesday
NEW YORK (AP) -- Energy companies powered to big gains Wednesday, leading the broader stock market higher, as the price of crude oil surged on news of a deal among OPEC nations to cut production....
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Yellen says economy likely ready for rate hike later in 2016
WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen said Wednesday that the central bank has no "fixed timetable" for raising interest rates but she believes the economy is ready for a rate hike by the end of the year....
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Nike and AT&T slip, while Molson Coors and Cintas rise
NEW YORK (AP) -- Stocks that moved substantially or traded heavily on Wednesday:...
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