IBT Staff Reporter

The bodies of five Italian tourists killed when a small plane crashed into their tourist helicopter were flown to Italy on Wednesday.

Oil rose on Wednesday as stock market gains raised optimism about the economy, offsetting concerns about rising inventories and weak demand in top consumer the United States.

The U.S. Federal Reserve said on Wednesday the economy was showing signs of leveling out after 20 months of recession and it will extend the duration but not the size of a program to buy long-term government securities to minimize any disruptions from completing it.

Television audiences who thought the ladies of

The U.S.-Mexico soccer match on Wednesday's World Cup qualifier will be streaming live online on Terra TV at 4:00 p.m. EST/ 1:00 p.m. PST.

Singer Kelly Clarkson says she's perfectly happy about her fluctuating weight. So why did Self magazine, in which she made the remarks, retouch its cover photo of the

An Australian website is giving texting an intergalactic touch and allowing users to send short mobile phone-type messages into space.

U.S. stocks added to gains on Wednesday as the Federal Reserve said it saw signs of a more stable economy, while an upbeat report from chip equipment maker Applied Materials boosted technology shares.

Media reports are ranting about the Kelly Clarkson Self magazine cover controversy where her photo was obviously photoshopped, but Kelly herself, has said numerous times that she is comfortable in her own skin.

The U.S. Securities and Exchange Commission has told former hedge fund manager Arthur Samberg that it planned to bring an enforcement action against his firm, Pequot Capital Management, according to a source familiar with the matter.

Department store operator Macy's Inc posted a better-than-expected quarterly profit and raised its full-year outlook as cost-cuts overshadowed lower sales, but mixed results from two of its suppliers showed that the retail industry remains tough.

Emdeon Inc soared in its trading debut on Wednesday while Starwood Property Trust Inc fell slightly after their respective initial public offerings.

The United States national team will play against Mexico on Wednesday in Mexico City's 100,000-seat Azteca Stadium.

Don't despair if you haven't already bought tickets to the sold-out Edinburgh Festival Fringe show of one of British comedy's best up and coming troupes. Go viral.

The Federal Reserve on Wednesday kept its key interest rate near zero as expected and said it would end its purchase of $300 million in Treasury securities in October, one month later than previously announced.

The days of secret bank accounts are numbered for Americans after UBS and the U.S. and Swiss governments agreed to settle a dispute over whether the Swiss bank should be forced to disclose the names of 52,000 rich U.S. clients suspected of tax evasion.

Oil rose 1.5 percent on Wednesday as a stock market rally raised optimism about the economy, offsetting concerns about rising inventories and weak demand in top consumer the United States.

Information received since the Federal Open Market Committee met in June suggests that economic activity is leveling out.

The Hollywood film studios notched a victory in their war on digital piracy Tuesday when a judge ruled against the DVD-copying technology known as RealDVD.

There are lots of websites devoted to be matchmakers and promised to connect willing drivers with companies seeking vehicles for their ads in recent days.

As a writer, Valerie Martin found she quickly became tough-skinned, with rejection par for the course as she set out to build a career.

A jump in oil prices helped widen the U.S. trade deficit in June, but a sharp fall in manufactured goods exports and imports appears to have stabilized, a Commerce Department report showed on Wednesday.

Stocks rallied on Wednesday, led by tech and homebuilding stocks, as investors awaited a key announcement by the Federal Reserve.

The Federal Reserve is expected to end its buying program of long-term government securities at a meeting that concludes on Wednesday, but keep U.S. interest rates steady at near zero amid signs the economy is stabilizing from a deep recession.

U.S. indexes rallied on Wednesday, led by tech and homebuilding stocks, as investors awaited a key announcement by the Federal Reserve.

Belgian-based RHJ International is set to sweeten its offer for General Motors' European business in its race with Canadian rival Magna to buy Opel, sources close to the situation said on Wednesday.

Fed Decision at 2:15 p.m.; Huge Tax Case Settled; Biggest IPO This Year

The U.S. trade deficit widened in June to $27.0 billion, as goods imports increased for the first time in 11 months on the back of higher oil prices, a Commerce Department report said on Wednesday.

Stocks gained on Wednesday ahead of a key announcement by the Federal Reserve, led by technology and homebuilding shares after positive earnings reports.