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  • The 2010 Dodd-Frank law, enacted by Congress to crack down on Wall Street excesses, curtailed those powers. Fifteen lawmakers from both political parties and both houses of Congress said on Monday that the Fed has not done enough on its own to adequately limit its crisis lending powers.

  • U.S. lawmakers slam Fed's crisis lending proposal Monday, 18 Aug 2014 | 5:08 PM ET

    The 2010 Dodd-Frank law, enacted by Congress to crack down on Wall Street excesses, curtailed those powers. Fifteen lawmakers from both political parties and both houses of Congress said on Monday that the Fed has not done enough on its own to adequately limit its crisis lending powers.

  • NEW YORK, Aug 18- U.S. and European stock prices surged on Monday, taking a leading U.S. equities index to a 14- year high, as investors breathed easier over the Ukraine crisis and knocked oil prices to lows not seen in more than a year. Russia denied its forces had crossed into Ukraine.

  • Aug 18- Atlantic City's Revel Casino Hotel is still seeking bidders in bankruptcy court, but its ability to find a buyer will improve once it closes and stops "bleeding money," its attorney said at a hearing on Monday. The hotel is scheduled to close after guests leave on Sept. 1, with gambling operations to cease at 5 p.m. the next day.

  • Lawyer: Revel still seeks sale, losing $1M weekly Monday, 18 Aug 2014 | 1:40 PM ET

    CAMDEN, N.J.— The troubled Revel Casino Hotel in Atlantic City still hopes to auction off its property but needs to close to stop big losses, a lawyer for it said. Attorney John Cunningham said in bankruptcy court Monday that the casino is losing more than $1 million every week, The Press of Atlantic City reported.

  • *Dollar General offers to buy Family Dollar. Russia said all issues related to its humanitarian convoy to Ukraine had been resolved but said no progress has been made toward a ceasefire or political solution to the fighting in the east of the country after talks between Russia, Germany, France and Ukraine on Sunday.

  • Huge utility line upgrade faces opposition Monday, 18 Aug 2014 | 10:40 AM ET

    The $4 billion to $6 billion PPL Corp. project is designed to take electricity generated near Pennsylvania's booming shale gas region and deliver it to New York, New Jersey, and Maryland. Jeff Tittel, director of the New Jersey chapter of the Sierra Club, said his group "will definitely oppose" the section in that state.

  • *Dollar General offers to buy Family Dollar. Russia said all issues related to its humanitarian convoy to Ukraine had been resolved but said no progress has been made toward a ceasefire or political solution to the fighting in the east of the country after talks between Russia, Germany, France and Ukraine on Sunday.

  • NBC's Brian Williams taking on new competition Monday, 18 Aug 2014 | 3:03 AM ET

    Williams, 55, faces new competition from both ABC and CBS as they look to end NBC's 256- week streak as the most popular evening newscast. David Muir takes over after Labor Day as anchor of the second-place " World News" at ABC. So far this year, "Nightly News" has averaged 8.9 million viewers and widened its lead over ABC and CBS.

  • Revel wanted to close Atlantic City casino Monday Sunday, 17 Aug 2014 | 9:13 PM ET

    ATLANTIC CITY, N.J.— If the owners of Revel Casino Hotel had their way, the $2.4 billion resort would have been shut down on Monday. Revel Entertainment had asked New Jersey casino regulators for permission to close down on Aug. 18.

  • Atlantic City fears closing casinos may be eyesore Sunday, 17 Aug 2014 | 9:47 AM ET

    ATLANTIC CITY, N.J.— Before summer ends, Revel, Trump Plaza, the Showboat and the Atlantic Club will be shuttered ex-casinos, leaving Atlantic City officials looking for a way to avoid having dark, empty shells on its signature Boardwalk.

  • Taxpayers on hook for $6.5M to Bridgegate law firm Saturday, 16 Aug 2014 | 12:16 PM ET

    TRENTON, N.J.— New Jersey taxpayers are on the hook for more than $6.5 million to the law firm Gov. Chris Christie hired to represent his office in the George Washington Bridge lane-closing scandal.

  • Aug 16- When the $2.4 billion Revel Casino opened its doors in 2012, the curvy blue-glass tower was hailed as the wave of the future for Atlantic City, New Jersey.

  • Revel casino to close 8 days earlier than planned Friday, 15 Aug 2014 | 7:15 PM ET

    ATLANTIC CITY, N.J.— The $2.4 billion Revel Casino Hotel that opened just over two years ago as a hoped-for savior for Atlantic City's flagging casino industry will close a week earlier than originally planned, the company announced in an email Friday.

  • Christie has no regrets about killing ARC tunnel Friday, 15 Aug 2014 | 6:41 PM ET

    Chris Christie says he has no regrets about canceling a rail tunnel project that would have increased commuter capacity between New Jersey and Manhattan.

  • They include El Pollo Loco Holdings Inc, Zoe's Kitchen Inc, and Papa Murphy's Holdings Inc.. Shake Shack is present in many U.S. states including New York, New Jersey, Connecticut, Pennsylvania, Florida and Massachusetts.

  • Paulson holds onto gold ETF, Soros adds gold miners Thursday, 14 Aug 2014 | 6:41 PM ET

    Hedge fund Paulson & Co maintained its stake in the world's biggest gold-backed exchange-traded fund, SPDR Gold Trust, in the second quarter.

  • New Jersey's jobless rate inches down Thursday, 14 Aug 2014 | 12:13 PM ET

    TRENTON, N.J.— New Jersey's unemployment rate edged down one-tenth of a percent in July to 6.5 percent, but still remains above the national average of 6.2 percent. The report released Thursday by the state Labor Department and based on data collected by the U.S. Bureau of Labor Statistics shows private sector employers added 8,500 jobs during the month.

  • Florida man gets 5 years in Pa. loan scam case Thursday, 14 Aug 2014 | 9:41 AM ET

    PITTSBURGH— A Florida man was sentenced Thursday to five years in federal prison for his role in an overseas loan scam that cost 47 investors on four continents more than $3.9 million. Attorney Leo Dillon told the sentencing judge the case involved "an enormous worldwide fraud," with victims in the United States, Germany, Switzerland, Hong Kong, Japan and Australia.

  • OSHA: Flammables put in factory oven before blast Thursday, 14 Aug 2014 | 9:04 AM ET

    Nichelson didn't immediately return calls for comment Thursday as to whether the company will contest the OSHA fine. OSHA issued the citation and proposed penalty, which was first reported by The Courier-Express, on July 29.