IBT Staff Reporter

The Federal Reserve on Wednesday said the recovery was proceeding more slowly than it had expected, but it offered no hint of further monetary support, saying growth should pick up soon.

Dueling protests caused pandemonium to fill the hallowed halls of the New York State Senate as the Republican conference met privately to discuss various agenda items including a possible floor vote on gay marriage.

The London Stock Exchange has sweetened its friendly offer for the TMX Group with an enhanced dividend, bringing the value to $4.1 billion for the operator of the Toronto Stock Exchange.

Stocks traded flat to slightly higher on Wednesday after the Federal Reserve acknowledged the sluggish pace of the U.S. economic recovery, but provided no clues about any additional plans for stimulus measures.

FedEx Corp's quarterly profit and outlook beat forecasts as higher shipping rates and tight cost controls more than offset a slowing economic recovery and high fuel prices.

Southwest in talks for biofuel use while it celebrates its 40th Birthday by giving back across the nation.

Here is a Chinese video (with English subtitles) which animated the Operation AntiSec plotted by the hacker groups LulzSec and Anonymous.

In the ailing economies of the Arab spring, analysts are finding that in both the Arab world economies and in nature, oil floats.

The H&H Bagels store located on West 80th St. and Broadway will reportedly close. The iconic bagel store, which opened in 1972, has been featured on the television shows Seinfeld and Friends.

A fire sale could stock the Mets' larder to the point of being overstuffed. It would also empty the seats at Citi Field even further this season, in a year with already poor attendance and dwindling revenue. So will the Mets be buyers or sellers?

The Federal Reserve released a statement today after its June meeting, and ahead of Ben Bernanke's press conference Wednesday afternoon. The press conference will be only the second one in the Federal Reserve's history.

With an upsurge in graffiti around MOCA's 'Art in the Street' exhibit, many believe that fear is a factor in the exhibit's cancellation at Brooklyn Museum.

Michael Jackson's ex-manager Raymone Bain pleaded guilty Wednesday to charges that she did not pay federal or D.C. income taxes.

Europe kept up the pressure on Greece to push forward with a painful austerity program on Wednesday after the government jumped a crucial hurdle in averting the euro zone's first debt default.

No more 'One Nation.'

ComScore revealed that Google reached the billion visitor milestone in May. It is the first time an internet company has hit this number.

A small design firm provides new insight into the world of art and design with their latest project 'Thirty Conversations on Design.'

In today's blog report you'll find various morsels to chew on from the world of books, beginning with writers wrestling with how to make the most of e-publishing.

Kate's favorite designer releases new line

Google will buy more companies to boost its presence in the booming online display ad sector in a challenge to Facebook, even as European regulators examine its dominant web search position.

The Federal Reserve on Wednesday said the pace of economic recovery was proceeding more slowly than it had expected though it was primarily because of temporary factors.

The Houston Rockets are the team with all the trading chips in the world on draft night with multiple picks this year and next year.

Online video site Hulu has been approached by a potential buyer and is weighing whether to sell itself, according to a person familiar with the matter.

Mario Batali, the celebrity chef has made his way to the state capitol building in Albany and is weighing in on the ever growing same sex marriage debate.

On June 26, HBO's hits how True Blood is back for its fourth season.

Britney Spear's latest video 'I Wanna Go,' pokes fun at the pop stars public figure and relationship with the paparazzi.

Stocks edged higher on Wednesday after an upbeat outlook from FedEx as investors awaited the Federal Reserve's assessment of the economy and any clues about plans for dealing with recent weakness.

On June 21, starting at dusk, over 150 musicians featured performances along Water Street in Gastown. Every kind of music was heard - from jazz, classical, and acoustic to heavy metal, indie and pop. Founded in France in 1982, throughout the years Fete de la Mausique has become an international musical festival celebrated in Canada, the USA, Germany, Italy, Egypt, Syria, Morocco, Australia, Vietnam, Congo, Cameroon, Fiji, Colombia, Chile, Nepal, and Japan.

At one point the imbroglio threatened to break out into armed conflict.