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  • Jan 8- Global commodities trader Cargill Inc reported a 41 percent jump in quarterly profit on Thursday as a record-large U.S. harvest lowered grain prices and boosted both domestic and export demand while bolstering margins on meat sales. The privately held company, based in Minnesota, reported net earnings of $784 million for the second quarter ended Nov. 30,...

  • JAN 7 CHICAGO FED PRESIDENT CHARLES EVANS Evans said he is very concerned that, by his forecast, inflation won't return to the Fed's 2- percent goal until 2018, even if the Fed does not begin to raise rates until next year. JAN 5 SAN FRANCISCO FED PRESIDENT JOHN WILLIAMS Williams reiterated his view that the Fed could reasonably begin debating a rate hike in...

  • DIARY- Top Economic Events to Jan 21 Wednesday, 7 Jan 2015 | 7:01 PM ET

    LONDON- Bank of England announces interest rate decision- 1200 GMT. MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Narayana Kocherlakota participates in a Public Town Hall Forum at the Federal Reserve Bank of Minneapolis- 0100 GMT. RICHMOND, United States- Federal Reserve Bank of Richmond President Jeffrey Lacker discusses the economic outlook...

  • DIARY- Top Economic Events to Jan 19 Sunday, 4 Jan 2015 | 8:03 PM ET

    BOSTON- San Francisco Federal Reserve Bank President John Williams will be present at the panel discussion on housing, unemployment and monetary policy- 1300 GMT. CHICAGO- Federal Reserve Bank of Chicago President Charles Evans participates in conversation, "Role and Impact of Monetary Policy in an Uncertain Economy" with Lars Peter Hansen of the University...

  • DIARY- Top Economic Events to Jan 16 Friday, 2 Jan 2015 | 8:03 PM ET

    BOSTON- San Francisco Federal Reserve Bank President John Williams will be present at the panel discussion on the outlook for the U.S. and global economy at the annual American Economics Association event- 1300 GMT. BOSTON- Federal Reserve Bank of Boston President Eric Rosengren will be present at the panel discussion on credit availability- 1515 GMT.

  • DIARY- Top Economic Events to Jan 15 Thursday, 1 Jan 2015 | 8:03 PM ET

    BOSTON- San Francisco Federal Reserve Bank President John Williams will be present at the panel discussion on the outlook for the U.S. and global economy at the annual American Economics Association event- 1300 GMT. BOSTON- Federal Reserve Bank of Boston President Eric Rosengren will be present at the panel discussion on credit availability- 1515 GMT.

  • New year brings wage hike for millions of workers Thursday, 1 Jan 2015 | 3:28 PM ET
    Protesters march through the streets demanding a raise on the minimum wage to $15 per hour on Dec. 4, 2014, in New York.

    With the onset of the new year, 29 states will exceed the federal minimum wage of $7.25 an hour at the beginning of January.

  • DIARY- Top Economic Events to Jan 14 Wednesday, 31 Dec 2014 | 7:01 PM ET

    BOSTON- San Francisco Federal Reserve Bank President John Williams will be present at the panel discussion on the outlook for the U.S. and global economy at the annual American Economics Association event- 1300 GMT. BOSTON- St Louis Federal Reserve Bank President Eric Rosengren will be present at the panel discussion on credit availability- 1515 GMT.

  • Dec 31- Revelers ringing in of the new year this week need to watch out for the next day's hangover. And yet Wall Street analysts' estimates for S&P 500 earnings growth for coming quarters are languishing in the mid-single digits. "Multiples almost always go down when the Fed raises rates- you're going to have to depend on earnings," said Jim Paulsen, chief investment...

  • Dec 30- A federal appeals court said on Tuesday the pomegranate juice maker Pom Wonderful LLC may try to stop a rival from selling a pomegranate-flavored energy drink labeled "pm," in a reversal of a lower court ruling in the trademark lawsuit. The 9th U.S. Circuit Court of Appeals in Pasadena, California, said a lower court judge abused her discretion in January when...

  • Dec 30- A federal appeals court said on Tuesday the pomegranate juice maker Pom Wonderful LLC may try to stop a rival from selling a pomegranate-flavored energy drink labeled "pm," in a reversal of a lower court ruling in the trademark lawsuit. The 9th U.S. Circuit Court of Appeals in Pasadena, California, said a lower court judge abused her discretion in January when...

  • DIARY- Top Economic Events to Jan 13 Monday, 29 Dec 2014 | 7:01 PM ET

    BOSTON- San Francisco Federal Reserve Bank President John Williams will be present at the panel discussion on the outlook for the U.S. and global economy at the annual American Economics Association event in Boston- 1300 GMT. BOSTON- St Louis Federal Reserve Bank President Eric Rosengren will be present at the panel discussion on credit availability in Boston-...

  • *Initial jobless claims fall for fourth straight week. *Biotech shares rebound after sharp two-day decline; energy falls. NEW YORK, Dec 24- U.S. stocks closed flat in a short session on Wednesday as investors found few reasons to push major indexes to their sixth straight day of gains despite strength in biotechs and bullish labor market data.

  • *Initial jobless claims fall for fourth straight week. *Equity markets close at 1 p.m. in holiday-shortened session. NEW YORK, Dec 24- U.S. stocks edged higher on Wednesday, with the Dow and S&P 500 at records and on track for a sixth straight daily advance as biotech stocks rallied and data pointed to improving economic conditions.

  • WASHINGTON, Dec 24- The proposed merger of Sysco Corp and US Foods Inc hinges on the top two U.S. food companies helping to turn a far smaller rival into a national player to ease antitrust concerns, but the gap may be too big, analysts said. Sysco and US Foods, the only two companies with national distribution to hospitals, restaurants and schools, have been discussing...

  • Dec 20- More than 1,500 protesters against police violence shut down part of the Mall of America in Minnesota on Saturday, resulting in about 25 arrests during the final weekend before Christmas as shoppers scrambled to buy gifts at one of the nation's largest shopping centers, officials said. The protest and a smaller action at the King of Prussia Mall in...

  • The protest was the latest in a series of demonstrations across the United States in recent weeks over grand jury decisions not to charge white police officers in the killings of unarmed black men in Ferguson, Missouri, and New York City. Police made some arrests in the demonstration on private property at the Mall of America in the Minneapolis suburb of...

  • Consumers can sue Target Corp over data breach -judge Friday, 19 Dec 2014 | 10:10 AM ET

    Dec 19- A U.S. judge has cleared the way for consumers to sue Target Corp over the retailer's late 2013 data breach that they say compromised their personal financial information. District Judge Paul Magnuson in St. Paul, Minnesota, on Thursday dismissed claims by plaintiffs in certain states but largely denied Target's request to toss the proposed class action...

  • Dec 17- General Mills Inc, the maker of Cheerios cereal and Betty Crocker cake mixes, reaffirmed its full-year forecast and reported a better-than-expected profit as it cut costs to battle weak sales in the United States. General Mills has embarked on a cost-saving program that aims to save more than $400 million in fiscal 2015. The company is cutting 700-800...

  • Dec 16- Online taxi service Uber Technologies Inc has limited employee access to its "God View," a real-time taxi monitoring tool, amid increasing privacy concerns. God View, which lets the company see all Uber cabs in a city and waiting customers who have hailed cars, is now available only to "employees working in operations or other areas, like fraud prevention," Uber...