ECONOMY & MARKETS

China, the world’s second-largest oil consumer, has been stockpiling cheap crude for months. That’s over, for now.

A monetary policy statement from the Fed, set for 2 p.m. EDT today, could offer hints of an expected hike in interest rates.

Some NCAA men's basketball programs pull in huge revenue, but a third of the tournament's teams struggle to break even.

The Fed has signaled recently that it could begin returning interest rates to normal levels sometime in the next six months.

Greece and its lenders began talks last week to try and agree on the details of a common set of reforms.

The opposition Labour Party says the recovery is too little, too late for many workers.

Property prices in 70 Chinese cities fell last month at their fastest rate since national surveys began four years ago.

George Osborne has said he will not indulge in pre-election gimmicks and will stick to tough spending cuts if David Cameron is re-elected.

The latest policy statement is scheduled to be released at 2 p.m. EDT.

U.S. stocks managed to recoup some of the session’s earlier losses Tuesday as investors prepare for an announcement from the Federal Reserve.

The Brewers Association says craft brewers set a record high for market share in 2014.

European car sales jumped in February, thanks in part to ‘tactical sales’ and Spain’s version of ‘cash for clunkers.’

Since the deal’s implementation, the U.S. trade deficit with the Asian nation has grown by about $12.7 billion.

The Labour party wants to raise the minimum wage to 8 pounds (about $11.86) by 2020.

As widely expected, the BOJ maintained its stimulus program to print money at an annual pace of 80 trillion yen (444 billion pounds).

Valeant will pay $11.1 billion to acquire Salix Pharmaceuticals' stomach disorders medicines.

Here are four main factors driving oil’s renewed decline.

Amid federal budget cutbacks, a new drive aims to partly fill the funding gap by soliciting big donors to give to basic science research.

A gay rights law endorsed by the Mormon church is rankling some LGBT activists.

A Chicago algorithmic trading firm reignited the fight over high-frequency trading with a lawsuit against a rival.

Warm and cold patterns in the Pacific Ocean can determine the frequency of severe storms in the southern United States.

Chris Christie appointees committed $300 million to a subsidiary of a foreign firm whose executive donated to his campaign and the RNC.

Hundreds of publicly traded Indian companies have yet to fill corporate board seats with women despite law passed in August 2013.

The rooftop solar company chaired by Elon Musk is launching a "microgrid" service to help during blackouts and natural disasters.

After eight weeks of negotiations, the Steelworkers and Shell have reached an agreement.

Economists will be looking for clues from the meeting as to when the central bank plans to hike rates.

A recent report reveals that South Koreans have some of the least-generous pension systems and highest elderly poverty rates in the world.

Greece's left-wing government won elections in January on a pledge to roll back budget rigor and renegotiate the terms of a bailout.

China's cooling housing sector has been an increasing drag on the world's second-biggest economy.