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  • Aug 24- Target Corp has agreed to pay $2.8 million to settle a U.S. Equal Employment Opportunity Commission charge that it used hiring tests that disproportionately screened out candidates for various professional positions based on race and gender. The EEOC on Monday said three "employment assessments," which Target no longer uses, were not sufficiently...

  • *Wyndham hackings caused $10.6 mln fraudulent charges. Aug 24- A U.S. appeals court said the Federal Trade Commission has authority to regulate corporate cybersecurity, and may pursue a lawsuit accusing hotel operator Wyndham Worldwide Corp of failing to properly safeguard consumers' information. Noting the FTC's broad authority under a 1914 law to protect...

  • Aug 24- A U.S. appeals court said on Monday the Federal Trade Commission has the authority to regulate cybersecurity, and may pursue a lawsuit accusing hotel operator Wyndham Worldwide Corp of failing to safeguard consumers' personal information. The 3-0 decision by the 3rd U.S. Circuit Court of Appeals in Philadelphia upheld an April 2014 ruling that allowed...

  • *Gold on track to rally towards $1,200- Phillip Futures. LONDON, Aug 24- Gold edged down on Monday, but remained close to a seven-week high as the dollar and shares tumbled on concerns about a slowdown in the Chinese economy and uncertainty about the timing of a Federal Reserve interest rate hike. "Gold is holding on to some of the gains it made last week and that speaks...

  • CZR in the red with the Feds Monday, 24 Aug 2015 | 6:00 AM ET
    CZR in the red with the Feds

    Caesars Entertainment to pay $20-million to U.S. over anti-money laundering lapses. - Reuters

  • China in focus as markets in turmoil. MADRID, Aug 24- Markets are watching for China's next move as signs of a slowdown in the world's second-largest economy stack up, raising expectations it will act to stoke growth. A looming snap election in Greece and a closely watched conference hosted by the Federal Reserve in the United States are also likely to keep...

  • *Oil slumps on China consumption fears. LONDON, Aug 24- Top-rated German bond yields fell to the lowest level seen in nearly three months on Monday, as fears of China- led global economic slowdown saw investors barrel out of riskier assets like stocks. Federal Reserve and the Bank of England's plans to raise interest rates in the coming months, and may even force the...

  • *China in focus after weak manufacturing data. MADRID, Aug 21- Markets will be watching for China's next move as signs of a slowdown in the world's second-largest economy stack up, raising expectations it will act to stoke growth. A looming snap election in Greece and a closely watched conference hosted by the Federal Reserve in the United States are also likely to...

  • NEW YORK, Aug 21- The dollar tumbled more than 1 percent against the euro and the yen on Friday as strikingly weak Chinese factory data fanned global growth worries and cooled betting that the Federal Reserve will raise U.S. interest rates next month. One indicator of Fed policy expectations, interest rates on overnight indexed swaps, suggested traders now see a...

  • NEW YORK, Aug 21- The dollar fell broadly on Friday, dropping to a two-month low against the euro, as weak factory data from economic giant China added to doubts the Federal Reserve will raise U.S. interest rates next month. The euro, which is used as a "funding" currency borrowed to buy riskier but higher-yielding emerging market currencies, topped $1.13 as investors...

  • NEW YORK, Aug 21- U.S. Investors will closely evaluate a speech by Fed Vice Chair Stanley Fischer at Jackson Hole on Aug. 29 for clues on whether a rate increase in September is likely. "The September rate hike is still possible, but you're not going to get a better feel on that until you see the employment report," said Charles Comiskey, head of Treasuries trading at Bank...

  • NEW YORK, Aug 21- The hangover from the bursting of the housing bubble and competition from electronic trading have helped restrain U.S. dealers from growing their balance sheets and taking more risks, the New York Federal Reserve said in a blog post on Friday. New York Fed analysts Tobias Adrian, Michael Fleming, Daniel Stackman, and Erik Vogt said in the blog that...

  • Has Trump forced Bush to change tune on immigration? Friday, 21 Aug 2015 | 7:17 AM ET
    Jeb Bush

    Is Jeb Bush speaking clearly about policy challenges, or pandering to anti-immigrant voters amid the rise of Donald Trump?

  • WASHINGTON, Aug 21- Federal Reserve officials planning to lift interest rates as soon as September have been encouraged by solid U.S. jobs growth, but inflation holds the key to how far the Fed can go in moving rates away from zero. "There is a big component of inflation that is just going to be idiosyncratic and unexplained," leaving policymakers to take their best...

  • Dollar index extends losses, hits lowest since late June Thursday, 20 Aug 2015 | 11:17 PM ET

    SINGAPORE, Aug 21- The dollar slipped to its lowest level in nearly eight weeks versus a basket of major currencies on Friday, dented by doubts over whether the Federal Reserve will be able to raise interest rates next month as once expected. The dollar index fell to as low as 95.436 as of 0313 GMT, its lowest level since June 30 and last stood at 95.462.

  • MELBOURNE, Aug 21- Spot gold neared its highest level in more than a month on Friday as bets climbed that the United States would delay an expected hike in interest rates to later than September. *Spot gold rose 0.7 percent to $1,153.50 an ounce by 0035 GMT, having struck the highest since July 15 at $1,155.46. DATA AHEAD 0145 China Caixin manufacturing PMI flash Aug...

  • Aug 20- If we define a "Catch-22" as being in need of something that you can only get by not being in need of it, then the Federal Reserve, mulling a rate hike off the zero lower bound in September, is kind of caught. The minutes from the July meeting of the Federal Open Market Committee, besides showing a genuine split about when to proceed with the first interest rate hike...

  • *Euro tops $1.12 to strongest level since June. NEW YORK, Aug 20- The dollar fell against the euro and other major currencies on Thursday as bets dwindled that the Federal Reserve next month will raise U.S. interest rates for the first time in nearly a decade. The euro rose the most among major currencies, gaining more than 1 percent against the dollar to top $1.12,...

  • *Apple falls on report of declining phone sales in China. Aug 20- Wall Street fell more than 1 percent on Thursday morning, pushing the Dow and the S&P into the red for the year, after the Federal Reserve highlighted global growth concerns and as Walt Disney dragged down consumer discretionary stocks. "Today's movement is an illustration of a dramatic shift in...

  • WASHINGTON, Aug 20- U.S. home resales rose to a near 8-1/ 2- year high in July and factory activity in the mid-Atlantic region picked up this month, fresh signs of steady economic growth that likely keeps the Federal Reserve on track to raise interest rates this year. "We continue to expect both economic growth and labor market activity to continue shifting higher,...