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  • Foreclosures fell in 2014 to levels before housing bust Thursday, 15 Jan 2015 | 12:01 AM ET

    LOS ANGELES— A healthier U.S. housing market and economy helped to winnow foreclosures in 2014 to levels not seen since before the housing bust. While foreclosures remain elevated in many populous metropolitan areas, such as New York, Philadelphia and San Diego, they have declined annually overall in recent years, and 2014 was no exception.

  • DIARY- Top Economic Events to Jan 25 Monday, 12 Jan 2015 | 7:01 PM ET

    NEW YORK- Federal Reserve Bank of Minneapolis President Narayana Kocherlakota speaks on "Goal-Based Monetary Policy Report" before the MNI Near Year New Challenges event- 2200 GMT. LONDON- UK Finance Minister George Osborne gives a speech to the Royal Economic Society, hosted by Bank of England- 1730 GMT. LONDON- Bank of England Governor Mark Carney speaks at the...

  • SINGAPORE, Jan 12- Global oil prices extended their slide on Monday weighed by weakening demand in Europe and Asia, while refineries in Philadelphia and Ohio were hit hard by fires over the weekend, curtailing demand for crude in the U.S. Refinery disruptions in Philadelphia and Ohio threaten to add to a growing glut of crude by reducing demand from two sizeable...

  • Jan 11- A fire that started after an explosion on Saturday at Husky Energy Inc's 155,000- barrel-per-day crude oil refinery in Lima, Ohio, has caused extensive damage to a unit at the plant, a fire official said Sunday. No injuries were reported in the blast, which was heard across the city and shattered nearby windows, according to local media reports.

  • NEW YORK, Jan 10- The largest refinery on the U.S. East Coast was operating at less than half its capacity late on Saturday because of a fire, a source familiar with the operations said, while plant officials reported the incident as "flaring." A source familiar with operations at Philadelphia Energy Solutions' 335,000 barrels per day refinery said a fire had hit the...

  • DIARY- Top Economic Events to Jan 22 Thursday, 8 Jan 2015 | 7:01 PM ET

    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 at the joint Virginia Bankers Association and Virginia Chamber...

  • Jan 8- Atlantic City has endorsed steep budget cuts but rejected the idea of a state-appointed emergency manager as part of the struggling New Jersey gambling hub's recovery plan. Atlantic City has seen its municipal finances decline with the fortunes of its local casino industry, which has suffered steep losses from competing casinos in nearby states.

  • 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...

  • NEW YORK, Jan 5- JPMorgan Chase& Co has become the first bank to settle a U.S. antitrust lawsuit in which investors accused 12 major banks of rigging prices in the $5 trillion- a-day foreign exchange market. JPMorgan settled after mediation with Kenneth Feinberg, who also oversees a General Motors Co program to compensate drivers whose vehicles had faulty...

  • NEW YORK, Jan 5- JPMorgan Chase& Co has become the first bank to settle a U.S. antitrust lawsuit in which investors accused 12 major banks of rigging prices in the $5 trillion- a-day foreign exchange market. The settlement was disclosed in a letter filed on Monday with the U.S. District Court in Manhattan from lawyers for JPMorgan, the largest U.S. bank, and investors.

  • NEW YORK, Jan 5- JPMorgan Chase& Co has become the first bank to settle an antitrust lawsuit in which investors accused 12 major banks of rigging prices in the $5 trillion- a-day foreign exchange market. The settlement with the largest U.S. bank was disclosed on Monday in a letter from lawyers for JPMorgan and the plaintiffs, and filed in U.S. District Court in...

  • 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.

  • 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.

  • NEW YORK, Dec 31- Mexican crude oil is sailing to the U.S. East Coast at the highest rate in over a decade, according to customs data reviewed by Reuters, in a sign deepening discounts help crack open new markets as domestic shale inundates Texas. It was the refiner's first imports from Mexico since 2009, the furthest the data go back. Monroe has received two more...

  • *Metro Bank broke mould by using software supplier. LONDON, Dec 21- When Metro Bank prepared to launch in 2010 as the first new bank to appear on British high streets for over a century, its founders broke with convention by outsourcing the construction of its computer systems. "That's the way the whole process developed in America," said Metro Bank co-founder Vernon...

  • 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...

  • Last U.S. holiday shopping weekend off to solid start Saturday, 20 Dec 2014 | 3:57 PM ET

    CHICAGO/ NEW YORK, Dec 20- Shoppers filled up malls and department stores on the last weekend before Christmas, as the weather cooperated to help raise the prospect of a solid finish to a holiday season that has so far produced mixed results. Crowds were building at stores in and around New York, Philadelphia, Chicago and Los Angeles by midday on Saturday.