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Fed mostly upbeat about economy

Posted: June 19, 2014 at 2:56 a.m.

The Federal Reserve said Wednesday that the economy is bouncing back and the job market is improving as it continued to reduce the monthly pace of its asset purchases.

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Oil-train specifics will flow in 1 state

 In this Nov. 6, 2013, file photo, a BNSF Railway train hauls crude oil near Wolf Point, Mont. Montana officials intend to release details next week on oil trains passing through the state despite efforts by railroads to keep the information from the public.

Montana officials said Wednesday that they intend to release details next week on oil trains passing through t... Read »

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FedEx profit soars in 4th quarter

FedEx drivers are staying busy, with the firm’s CEO on Wednesday calling the Memphis-based company’s fourth quarter “outstanding.”

The boom in online shopping is hurting some store-based retailers, but it is doing wonders for FedEx Corp. Read »