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Janet Yellen

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  • FOREX-Euro battling losses after poor German data Friday, 25 Jul 2014 | 5:20 AM ET

    *Japan CPI as expected, muted reaction from dollar/yen. LONDON, July 25- The euro struggled to hold above eight-month lows against the dollar on Friday, hurt by a dive in Germany's Ifo survey of business sentiment heading in to the end of the U.S. currency's strongest week since March.

  • LONDON, July 25- Germany's influential Ifo survey of business sentiment looked set to determine the euro's path at the end of a week marked by a steady upwards push for the dollar that could herald a long-forecast break higher. In early European trade, the euro was virtually unchanged at $1.3461, having recovered from eight-month lows around $1.3438 on Thursday.

  • TOKYO, July 25- Asian shares pulled back from this week's three-year highs on Friday after a mostly flat day on Wall Street, though a fresh S&P closing record and upbeat U.S. employment data underpinned sentiment.

  • TOKYO, July 25- Asian shares pulled away from this week's three-year highs on Friday after a mostly flat day on Wall Street, though a fresh S&P closing record and upbeat U.S. employment data underpinned sentiment.

  • GLOBAL MARKETS-Asian shares inch down from recent highs Thursday, 24 Jul 2014 | 8:46 PM ET

    TOKYO, July 25- An index of Asian shares pulled away from a three-year high on Friday after a mostly flat day on Wall Street, though a fresh S&P closing record and upbeat U.S. employment data underpinned sentiment.

  • President Barack Obama said on Thursday the Federal Reserve was "properly focused" on unemployment given the relatively tame pace of inflation in the country, offering a broad endorsement of Fed Chair Janet Yellen's policy approach.

  • WASHINGTON/ FRANKFURT, July 23- After injecting trillions of dollars into the global financial system over the last six years, the world's central bankers now face a vexing question: why is so little of it showing up in workers' paychecks?

  • WASHINGTON, July 24- The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/ 2 years last week, suggesting the labor market recovery was gaining traction. "The economy is doing better," said Ryan Sweet, a senior economist at Moody's Analytics in West Chester, Pennsylvania.

  • *Weekly jobless claims fall 19,000. WASHINGTON, July 24- The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/ 2 years last week, suggesting the labor market recovery was gaining traction.

  • Average US 30-year mortgage rate at 4.13 pct. Thursday, 24 Jul 2014 | 10:40 AM ET

    WASHINGTON— Average U.S. long-term mortgage rates were stable to slightly higher this week, remaining near their lows for the year. Mortgage company Freddie Mac said Thursday that the nationwide average for a 30- year loan was 4.13 percent, unchanged from last week.

  • US new-home sales plummet in June Thursday, 24 Jul 2014 | 10:05 AM ET

    WASHINGTON— Sales of new U.S. homes plunged in June, a sign that real estate continues to be a weak spot in the economy. New home sales fell 8.1 percent last month to a seasonally adjusted annual rate of 406,000, the Commerce Department said Thursday.

  • WASHINGTON, July 24- The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/ 2 years last week, suggesting the labor market recovery was gaining traction.

  • WASHINGTON, July 24- The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/ 2 years last week, suggesting the labor market recovery was gaining traction.

  • *Fed officials meet July 29-30 to discuss policy. NEW YORK/ SAN FRANCISCO, July 24- The U.S. Yet Fed officials, who gather for a policy meeting July 29-30, are in no rush to talk about hiking interest rates because wage gains remain stubbornly low, raising questions about just how close the United States is to full employment.

  • WASHINGTON, July 23- Wages may be growing at a faster clip than envisaged by U.S. policymakers, with a recent raft of business surveys showing an increase in the number of companies raising compensation.

  • US economy, though sluggish, may now be sturdier Wednesday, 23 Jul 2014 | 1:52 PM ET

    WASHINGTON— Out of a seemingly hollow recovery from the Great Recession, a more durable if still slow-growing U.S. economy has emerged. That conclusion, one held by a growing number of economists, might surprise many people. After all, in the five years since the recession officially ended, Americans' pay has basically stagnated.

  • Santelli: Treasurys' 'soft' range     Wednesday, 23 Jul 2014 | 9:45 AM ET

    CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.

  • July 22- Rising tensions between Russia and the West are doing what central bankers can't or won't: scare investors. The U.S. blames the destruction of a Malaysian Airlines jet on pro-Russian fighters armed by Russia, and EU and U.S. officials are threatening stronger sanctions on Russia, contributing to a spike in volatility and a fall in most risky assets.

  • Skilled workers are now easier to find—here's why Tuesday, 22 Jul 2014 | 11:12 AM ET

    It seems at first glance that firms should be finding it harder, not easier, to attract skilled workers. The Fiscal Times reports.

  • Santelli: Inflation data not cool     Tuesday, 22 Jul 2014 | 9:46 AM ET

    CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.