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Crude oil futures hovered above $84 a barrel Wednesday amid expectations that the U.S. Federal Reserve may announce additional stimulus measures to spur economic growth.

Asian markets rose Wednesday amid speculation that the U.S. Fed will announce monetary easing measures to rejuvenate the economy.

IPhone 5 concept designers are getting more creative by the day, and a recent design comes from Martin Hajek, who has released his vision for the iOS 6 white iPhone 5.

Sharp has released the World's largest HDTV. At 90-inches, it also happens to be the most expensive, with a retail price of $10,000.99.

Got a sneaker game so hot you lock your kicks to your ankles? reads the caption beneath the Facebook post announcing Adidas' new high-top sneakers. The German sports brand's proposed new sneakers feature orange rubber shackles fixed to the back of the sneaker that can be attached around the ankle. The sneakers have since been dubbed the shackle shoes after rousing fury for its racist connotation.

Shares of J.C. Penney Company, Inc. (NYSE: JCP) plunged mid-Tuesday by 10.15 percent, or $2.47, to $21.86 in the wake of president Michael Francis' departure, as the department store struggles to change its discount model and increase revenue.

On Monday, Microsoft finally took the wraps off its much talked about Surface tablet that had created a lot of hype even before its release. However, it seems that the mysteries surrounding the device have not been solved completely.

Here's what a nursing home in Mobile, Ala., has in common with the regal Bergdorf Goodman department store in Manhattan: They're both facing micro-unions, groups of employees who organize apart from the rest of a company's workforce.

Investors rushed on Monday to buy bonds in Mexico City-based retailer Controladora Comercial Mexicana SAB (Mexico: COMERUBC) after Costco announced it was buying back the 50 percent stake of its local unit held by Comerci.

After the positive effects of the Greek election fade, markets will shift focus toward the Federal Reserve announcement scheduled for Wednesday.

Futures on the major U.S. indices point to a mixed opening Monday as concerns about the euro zone debt crisis undermined the initial optimism following the Greek elections in which pro-bailout parties won the majority.

The Reserve Bank of India disappointed the industry as it left the repo rate and cash reserve ratio unchanged at 8 percent and 4.75 percent, respectively, in its mid-quarter policy review Monday. The reverse repo rate, at which banks lend money to the RBI, also remains unchanged at 7 percent.

Executive compensation continued to rise last year -- despite Occupy Wall Street's vociferous howling and gnashing of teeth -- and on average the pay of CEOs at S&P 500 companies increased 6 percent, according to a report by compensation-data company Equilar.

The announcement by the city authorities in Mumbai, the financial capital of India, last month that license would be needed for consuming alcohol have raised many eyebrows.

As the U.S. Senate grapples with how to allocate about $100 billion a year for the next decade on food policy, one subsection of the farm bill is under attack, namely, the $200 million U.S. taxpayers spend every year to subsidize the marketing of well-established brands found in virtually every American pantry.

Wall Street's pessimistic outlook on corporate profits was proved wrong by surprisingly strong first-quarter results. However, will the second-quarter earnings season tell a different story?

The Reserve Bank of India will hold its mid-quarter monetary policy review June 18 amid strong demands from the industry and economists for a cut in interest rates. However, the central bank is still weighing the options on rate cuts as curtailing inflation remains top priority.

The online Apple Store page for the Retina display-equipped MacBook Pro shows that the shipping dates for both the 2.3 and 2.6GHz models have been changed from 2-to-3 weeks to 3-to-4 weeks. However, there's apparently no shipping delay for the non-Retina MacBook Pros.

Designers continue to feed consumer imagination by introducing new concept designs for the iPhone 5, but the latest addition that comes in the form of a video commercial, has left Apple enthusiasts drooling.

It might be time to tell your computer-feeble grandma or your hippie uncle Ned to update their copies of Microsoft Corp.'s (NASDAQ: MSFT) Internet Explorer browser from that ancient version they downloaded way back in 1999 and never bothered to update. (Update? What's that?)

Futures on the major U.S. indices point to a flat opening Thursday ahead of the Department of Labor's report on weekly jobless claims and the Consumer Price Index.