The Philadelphia Fed said its mid-Atlantic business activity index tumbled to -6.3 from 9.4 in January. That was far below economists' expectations for 8.0.» Read More
NEW YORK, Jan 8- Some top U.S. health insurers are giving consumers more time to pay their Obamacare premiums, extending the deadline to the end of January for benefits that begin retroactively from Jan. 1.
*Fed restarts QE3 with planned $1.0 bln- $1.5 bln bond buys. *U.S. Senate seen confirming Yellen as Fed chair. We are now seeing some weaker data so we are seeing it falling below 3 percent, "said Stan Shipley, bond strategist at ISI Group in New York.
NEW YORK, Jan 5- Investors in U.S. stocks will look to Washington this week, awaiting key jobs data and minutes from the Federal Reserve's most recent meeting, when the central bank decided to cut its unprecedented monetary stimulus.
PHILADELPHIA, Jan 4- The U.S. Wrapping up a big economics conference in snow-swept Philadelphia, a handful of top U.S. central bankers were sometimes at odds over the ideal pace at which to wind down the purchases and, eventually, start to shrink the Fed's balance sheet and raise interest rates.
Starting Sunday, the deep freeze will be felt in the northern U.S. plains, including North and South Dakota, and through the Great Lakes region and Ohio Valley, according to the National Weather Service.
NEW YORK, Jan 4- Frigid temperatures gripped a wide swath of the U.S. A new round of Arctic air will bring potentially record low temperatures in areas from Montana to Michigan starting this weekend, with the extremely cold air pushing eastward and blanketing the Northeast by early Tuesday, said Bob Oravec, a forecaster with the National Weather Service.
NEW YORK, Jan 4- U.S. medical providers are seeing only a trickle of patients newly insured under President Barack Obama's healthcare law, as insurers, hospitals and doctors try to work out any hitches in coverage.
NEW YORK, Jan 3- U.S.
PHILADELPHIA, Jan 3- The U.S. In what came as a surprise to some, the Fed decided last month to cut its asset-purchase program, known as quantitative easing, or QE, by $10 billion to $75 billion per month.
PHILADELPHIA, Jan. 3- The Federal Reserve is no less committed to highly accommodative policy now that is has trimmed its bond-buying stimulus, Ben Bernanke said on Friday in what could be his last speech as Fed chairman.
*Hertz stock hit 52- week high on Icahn purchase report. The market is still awaiting Fed Chairman Ben Bernanke's remarks at 2:30 p.m. in Philadelphia.
BOSTON/ NEW YORK, Jan 3- A heavy snowfall and dangerously low temperatures gripped the northeastern United States on Friday, grounding flights, closing schools and government offices across the region and causing at least three deaths.
*Hertz stock up on Icahn purchase report. NEW YORK, Jan 3- U.S. stocks rebounded modestly on Friday after Wall Street began the new year with a broad decline but major stock indexes were on track to end the week lower. Chairman Ben Bernanke is scheduled to speak at 2:30 p.m. in Philadelphia.
BOSTON/ NEW YORK, Jan 3- A heavy snowstorm and dangerously cold conditions gripped the northeastern United States on Friday, delaying flights, paralyzing road travel and closing schools and government offices across the region.
NEW YORK/ BOSTON, Jan 3- A major snowstorm producing blizzard-like conditions hammered the northeastern United States on Friday, causing 2,000 U.S. flight delays and cancellations, paralyzing road travel, and closing schools and government offices.
NEW YORK/ BOSTON, Jan 3- A major snowstorm producing blizzard-like conditions hammered the northeastern United States on Friday, causing more than 1,000 U.S. flight delays and cancellations, paralyzing road travel, and closing schools and government offices.
The wide storm system stretches from the lower Mississippi Valley to the Atlantic coast, with parts of New England including Boston bracing for as much as 14 inches of snow by Friday morning.
The wide storm system stretches from the lower Mississippi Valley to the Atlantic coast, with parts of New England including Boston bracing for as much as 14 inches of snow by Friday morning. Forecast snowfall varied widely, with Washington expected to see under an inch, Philadelphia and New York 4 to 8 inches, Hartford 6 to 10 inches and Boston 8 to 14 inches.
*Treasuries set for 3rd- worst year in 40 years- Barclays. NEW YORK, Dec 31- Benchmark U.S. "U.S. bond market performance in 2013 was all about the Fed," said Guy LeBas, chief fixed income strategist at Janney Montgomery Scott in Philadelphia.
New Year's Day will bring a fresh test for President Barack Obama's healthcare overhaul, as hundreds of thousands of Americans will begin to use the program's new medical coverage for the first time.