Janet Yellen


  • LONDON, May 8- The euro rose to a two-month high against the dollar on Thursday after the European Central Bank kept interest rates unchanged, as expected, with investors now waiting to see if President Mario Draghi ramps up warnings about a strong currency.

  • *Priceline climbs after results, Tesla tumbles. *Priceline Group Inc shares advanced 2.9 percent to $1,164 before the opening bell after the online travel agency reported a 36 percent rise in quarterly profit and gave its second-quarter forecast.

  • Economy closer to 3% than 2% this year: Expert     Thursday, 8 May 2014 | 7:16 AM ET

    Martin Feldstein, Harvard University professor, explains why he thinks the economy is not going to be dragged back into a recession, despite Yellen's concerns about a weak housing market. And Robert Wolf, 32 Advisors CEO, weighs in.

  • Fed policy accommodative through 2015: Pro     Thursday, 8 May 2014 | 7:08 AM ET

    We do not have a strong, fundamental economy, says Robert Wolf, 32 Advisors CEO, sharing his thoughts about the private sector's view on the economy and Fed policy. We absolutely need corporate tax reform, Wolf adds.

  • Are markets headed for correction?     Thursday, 8 May 2014 | 6:36 AM ET

    In the next couple of months you're going to see more of a correction, says Sarat Sethi, Douglas C. Lane & Associates. And Lewis Alexander, Nomura chief economist, shares his outlook on the economy and Fed policy.

  • *Putin urges separatists to postpone Ukraine secession vote. LONDON, May 8- Expectations the European Central Bank will keep its policy powder dry for another month at least kept the euro near a two-month high on Thursday, as soothing talk from the head of the Federal Reserve lifted shares and bonds.

  • LONDON, May 8- The euro rose against the dollar on Thursday, trading not far from recent two-month highs and buoyed by a rise in overnight money market rates driven by dwindling excess cash in the euro zone.

  • European shares rise early; Adecco rallies Thursday, 8 May 2014 | 3:08 AM ET

    PARIS, May 8- European shares rose in early trade on Thursday following dovish comments from U.S. Shares in Adecco SA, the world's largest staffing company and a barometer of Europe's economic health, rose 2.9 percent after saying higher demand for its services in Germany and the UK helped revenues increase in the first three months of the year.

  • *Putin calls for pro- Moscow separatists to postpone secession vote. Risk assets were also underpinned by signs of easing tensions in Ukraine after Russian President Vladimir Putin called on pro- Moscow separatists to postpone a secession vote.

  • SYDNEY/ SINGAPORE, May 8- The euro held below a near two-month high on Thursday ahead of an interest rate review by the European Central Bank, while the Aussie rose on better-than-expected data on Australian jobs and Chinese trade.

  • *Nintendo tumbles to lowest since June 2013. *Toyota, Takeda to report earnings later in the day. Nintendo Co fell 5.6 percent to 10,070 yen, its lowest since June 2013, after posting a 46.4 billion yen operating loss for the year ended in March.

  • SINGAPORE, May 8- Gold was trading below $1,300 an ounce on Thursday, steadying at weaker levels after a fall of more than 1 percent in the previous session, when its safe-haven appeal dimmed on signs of easing tensions in Ukraine. *Spot gold edged up 0.1 percent to $1,290.53 an ounce by 0022 GMT, after losing 1.4 percent on Wednesday.

  • *Putin calls for pro- Moscow separatists to postpone a secession vote. Federal Reserve chief and signs of easing tensions in Ukraine after Russian President Vladimir Putin called on pro- Moscow separatists to postpone a succession vote.

  • SINGAPORE, May 8- U.S. crude held just below $101 a barrel in early Asian trading on Thursday, holding onto most of the gains made in the previous session when oil prices rose by more than $1 on both sides of the Atlantic after an unexpected drop in U.S. inventories.

  • DIARY - Top Economic Events to May 20 Wednesday, 7 May 2014 | 8:01 PM ET

    BERLIN- WDR Europa Forum 2014 on "What kind of Europe do we want? Speakers:- German Chancellor Angela Merkel, EU Commission President Barroso, IMF Director Christine Lagarde, German Finance Minister Wolfgang Schaeuble, German Foreign Minister Frank-Walter Steinmeier, Hungarian Prime Minister Viktor Orban and European Parliament President Martin Schulz.

  • *Chinese& Australian data seen driving sentiment in Asia. SYDNEY, May 8- The euro stepped back from a near two-month high against the dollar early on Thursday ahead of an interest rate review by the European Central Bank, while the greenback found a steadier footing after this week's surprisingly large pullback.

  • *Alibaba IPO filing pressures Yahoo shares. Analysts at BGC Partners and Atlantic Equities told Reuters that Alibaba's valuation disappointed some Yahoo investors. That's why we see pressure on names like Google, Facebook and Amazon today, "said Tim Ghriskey, chief investment officer of Solaris Group in Bedford Hills, New York.

  • Grant: Yellen needs to speak more clearly     Wednesday, 7 May 2014 | 4:30 PM ET

    James Grant of Grant's Interest Rate Observer dissects Fed Chair Janet Yellen's testimony on Capitol Hill and looks at why bond yields continue to head lower despite the Fed's taper.

  • *Putin comments on Ukraine suggest easing tensions. *Gold prices decline, U.S. dollar index edges up. Equities were volatile throughout the day, with investors parsing comments from Russian President Vladimir Putin indicating a possible easing to the geopolitical concerns over Ukraine that have weighed on markets.

  • Bonds higher after 10-year auction, Yellen comments Wednesday, 7 May 2014 | 3:43 PM ET
    A trader works on the floor of the New York Stock Exchange.

    The Treasury auctioned $24 billion in 10-year notes at a high yield of 2.612 percent. The bid-to-cover ratio, an indicator of demand, was 2.63.