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  • NEW YORK, May 22- U.S. If it continues, they will be ready to move later on this year, "said Todd Hedtke, vice president of investment management with Allianz Investment Management in Minneapolis. Fed Chair Janet Yellen, in a speech to a business group in Providence, Rhode Island, said a rate increase would be appropriate this year if the economy shows further...

  • WASHINGTON, May 22- Rising shelter and medical care costs boosted underlying U.S. inflation pressures in April, a welcome sign for the Federal Reserve as it contemplates raising interest rates this year. "It will give the Fed greater confidence that inflation will indeed make it to its target in the next couple of years, it increases the odds of faster Fed action,"...

  • WASHINGTON/ PROVIDENCE, May 22- Federal Reserve Chair Janet Yellen on Friday said she expected the central bank to raise interest rates this year, as the U.S. economy was on course to bounce back from a sluggish first quarter and headwinds at home and abroad waned. In a speech to a business group in Providence, Rhode Island, Yellen said she expected economic data to...

  • Yellen: Negative side of falling oil   Friday, 22 May 2015 | 1:21 PM ET
    Yellen: Negative side of falling oil

    Federal Reserve Chair Janet Yellen addresses the slowdown in energy, saying to keep in mind the U.S. is still a net importer of oil.

  • Yellen: Q1 slowdown largely transitory   Friday, 22 May 2015 | 1:21 PM ET
    Yellen: Q1 slowdown largely transitory

    Federal Reserve Chair Janet Yellen remarks on the apparent slowdown in the first quarter.

  • Yellen: US economy well positioned for growth   Friday, 22 May 2015 | 1:15 PM ET
    Yellen: US economy well positioned for growth

    Federal Reserve Chair Janet Yellen speaks at Greater Providence Chamber of Commerce, on economic headwinds weighing on the market, and reasons she's confident the economy will grow.

  • Yellen: Inflation will rise 2% as econ strengthens

    Federal Reserve Chair Janet Yellen speaks at Greater Providence Chamber of Commerce, on the state of consumer price inflation.

  • Yellen: Labor market approaching full strength   Friday, 22 May 2015 | 1:08 PM ET
    Yellen: Labor market approaching full strength

    Federal Reserve Chair Janet Yellen speaks at Greater Providence Chamber of Commerce, on unemployment data.

  • WASHINGTON— Federal Reserve Chair Janet Yellen said Friday she expects to begin raising interest rates later this year— if the job market improves and the Fed is confident inflation will climb closer toward its target rate. The Fed has kept its key benchmark rate at a record low near zero since December 2008. "I think it will be appropriate at some point this year to...

  • WASHINGTON/ PROVIDENCE, May 22- Federal Reserve Chair Janet Yellen on Friday said she expected the central bank to raise rates this year as the U.S. economy was on course to bounce back from a sluggish first quarter and as headwinds at home and abroad begin to wane. Yellen, in prepared remarks for a speech in Rhode Island, said she expected economic data to strengthen,...

  • NEW YORK, May 22- The U.S. Fed Chair Janet Yellen, who on Friday will talk about the economy's prospects, is expected to acknowledge the recent sluggishness, including near stagnant performance in the first few months of the year. Though the Fed uses another measure for its 2 percent target, the CPI report on Friday showed prices increasing across a broad set of items,...

  • NEW YORK, May 21- The U.S. Fed Chair Janet Yellen, who on Friday will talk about the economy's prospects, is expected to acknowledge the recent sluggishness, including near stagnant performance in the first few months of the year. "I wouldn't be totally shocked if the Fed 25 basis points either in September or December, and then just held there for a while to see what...

  • Thanks to Yellen, market could be busy Friday Thursday, 21 May 2015 | 5:29 PM ET
    Federal Reserve Board Chair Janet Yellen.

    A speech by Fed Chair Janet Yellen and CPI data guarantee that more traders will be working than otherwise might be ahead of the long weekend.

  • Felix Rappaport, president and chief executive officer of Foxwoods, said the 315,000- square-foot Tanger Outlets with 80 stores is intended to attract visitors who don't necessarily play the slot machines or work the poker tables. Foxwoods, which is promoting the Tanger Outlets with weekend activities that include a tightrope walk 80 feet up by Nik Wallenda,...

  • CVS paying $10.4B in cash for drug distributor Omnicare Thursday, 21 May 2015 | 7:18 AM ET

    CVS Health will pay more than $10 billion for pharmaceutical distributor Omnicare in a deal primed to feed its fast-growing specialty drug business and tap a lucrative and growing market: care for the elderly. Omnicare's long-term care business operates in 47 states and the District of Columbia. Cincinnati- based Omnicare's core business involves...

  • DIARY- Top Economic Events to June 3 Wednesday, 20 May 2015 | 8:01 PM ET

    SINTRA, Portugal- European Central Bank forum on central banking. Speakers:- ECB President Mario Draghi and board member Peter Praet, IMF Economic Counsellor Olivier Blanchard, BoE Governor Mark Carney, Central Bank of Mexico Governor Agustin Carstens, Central Bank of Ireland Governor Patrick Honohan, Organisation for Economic Co-operation and Development...

  • Ohio Attorney General Mike DeWine announced the pact that Equifax, Experian and TransUnion struck with attorneys general in 31 states. "I am pleased that our agreement brings about reforms that will provide for more effective dealings and better communication between consumers and the credit reporting agencies," said Alabama Attorney General Luther...

  • DIARY- Top Economic Events to June 1 Tuesday, 19 May 2015 | 8:01 PM ET

    LONDON- Bank of England releases updated policy statement on dormant bank accounts- 0900 GMT. MUNICH- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic conditions and monetary policy before the National Association for Business Economics International Symposium: "Economic Growth, Monetary Policy, and Structural Reform:...

  • Astro-Med posts 1Q profit Tuesday, 19 May 2015 | 7:39 AM ET

    WEST WARWICK, R.I. _ Astro-Med Inc. on Tuesday reported fiscal first-quarter profit of $1.2 million. The West Warwick, Rhode Island- based company said it had net income of 16 cents per share. Astro-Med shares have fallen 15 percent since the beginning of the year.

  • The Providence Journal reports North Kingstown's Rhode Island Fast Ferry won the 20- year contract to operate a specialized boat for construction and maintenance of a five-turbine wind farm. Rhode Island Fast Ferry will spend $4 million building the vessel. Information from: The Providence Journal, http://www.providencejournal.com.