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  • BEIJING, March 29- Denmark has applied to join the Beijing-led Asian Infrastructure Bank, China's Ministry of Finance said on Sunday, becoming the latest European power to join the institution despite misgivings of the United States. The Ministry of Finance said that Denmark has written to China to "announce its intention to apply to be a founding member" of the...

  • BEIJING, March 29- Denmark has applied to join the Beijing-led Asian Infrastructure Bank, China's Ministry of Finance said on Sunday, becoming the latest European power to join the institution despite misgivings in the United States. The Ministry of Finance said that Denmark has written to China to "announce its intention to apply to be a founding member" of the...

  • Iran, world powers edge closer to nuclear deal Saturday, 28 Mar 2015 | 5:05 PM ET
    U.S. Secretary of State John Kerry (L), Iranian Foreign Minister Javad Zarif (R) and EU envoy Catherine Ashton pose for photographers before a meeting in Vienna November 22, 2014.

    World powers gathering in the Swiss city of Lausanne insist they are closer than ever to reaching a nuclear deal with Iran.

  • The GOP's first months in control of both chambers of Congress were marked by high-profile stumbles and a near-shutdown of the Homeland Security Department. Republicans in both the House and the Senate came together to pass boldly conservative and balanced budgets, and House leaders struck a bipartisan deal on Medicare that passed on a huge vote and is...

  • WASHINGTON— With Republicans muscling a balanced-budget plan through the Senate, Congress is positioned for months of battling President Barack Obama over the GOP's goals of slicing spending and dismantling his health care law. The Senate was beginning a spring recess after approving the measure, leaving Congress' two GOP- run chambers to negotiate a...

  • DIARY- Top Economic Events to April 10 Friday, 27 Mar 2015 | 8:01 PM ET

    STONE MOUNTAIN, United States- Federal Reserve vice chair Stanley Fischer speaks at dinner before the 2015 Financial Markets Conference hosted by the Federal Reserve Bank of Atlanta- 2315 GMT. RICHMOND, United States- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook, March 2015" before the Greater Richmond Chamber of...

  • Obama urges expansion of 'take child to work' day Friday, 27 Mar 2015 | 5:59 PM ET

    WASHINGTON— President Barack Obama says the White House will open next month's annual Take Our Daughters and Sons to Work Day to children whose parents don't work in the building. Obama says in a video released Friday that aides are working with the Boys and Girls Club and the District of Columbia's Child and Family Services Agency to invite kids from...

  • WASHINGTON— Federal Reserve Chair Janet Yellen said Friday that continued improvement in the U.S. economy means an increase in the Fed's key interest rate could come later this year. Yellen said in a speech in San Francisco that the time to start raising the rate could occur "sometime this year," though she said the time hasn't yet arrived. Yellen said Japan's...

  • WASHINGTON— The expansion of the U.S. economy will hit its six-year mark in June. Though growth overall has generally been mild, this recovery has proved to be one of the most durable and steady periods of growth since World War II. The longest recovery on record was the 10- year period that lasted from March 1991 until March 2001, according to the National Bureau of...

  • WASHINGTON— The Senate approved a long-delayed bill to boost energy efficiency Friday that includes incentives to cut energy use in commercial buildings, manufacturing plants and homes. The widely popular Senate bill was co-sponsored by Sens. Jeanne Shaheen, D- N.H., and Rob Portman, R- Ohio.

  • More than a dozen senior insurance executives met Fed Governor Dan Tarullo on Feb. 6 to pitch a two-step process for launching nationwide insurance rules, according to records of the meeting by Dirk Kempthorne, who heads the American Council of Life Insurers, an industry group. Tarullo, the Fed's top Wall Street regulator, did not indicate whether he was open to...

  • Business events scheduled for the coming month Friday, 27 Mar 2015 | 1:21 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for March, 10 a.m.; Commerce Department releases construction spending for February, 10 a.m.. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.; Commerce Department releases international trade data for February, 8:30 a.m.; Commerce Department releases...

  • More than a dozen senior insurance executives met Fed Governor Dan Tarullo on Feb. 6 to pitch a two-step process for launching nationwide insurance rules, according to records of the meeting by Dirk Kempthorne, who heads the American Council of Life Insurers, an industry group. While precise estimates are lacking because the rules are still unknown, Bank of...

  • White House: Chemical safety board head resigns Friday, 27 Mar 2015 | 12:56 PM ET

    WASHINGTON— The U.S. Chemical Safety Board is operating without a permanent leader. A White House official says Rafael Moure-Eraso stepped down Thursday at the administration's request. The National Safety Council says the independent federal agency under Moure-Eraso repeatedly fell under scrutiny for board departures, delayed investigations and...

  • HARTFORD, Conn.— Eighteen years, three governors and $567 million after a study was commissioned to come up with a way to improve public transportation in central Connecticut, a bus-only corridor is about to open, promising to overtake motorists sitting on traffic-clogged Interstate 84. Dannel P. Malloy, state Transportation Commissioner James Redeker and...

  • Consumer sentiment slips in March on bad weather Friday, 27 Mar 2015 | 10:12 AM ET

    The University of Michigan's consumer sentiment index slipped to 93 this month from 95.4 in February. One reason for the pullback: Gasoline prices have been ticking back after a sharp drop in the second half of 2014. Gasoline costs an average $2.43 a gallon, up from low of $2.03 a gallon in late January; but prices at the pump are still down from $3.54 a year ago,...

  • UPDATE 1-Suicidal pilots hard to spot, say experts Friday, 27 Mar 2015 | 9:27 AM ET

    SINGAPORE/ SYDNEY, March 27- As investigators try to find out why a young German pilot deliberately crashed a passenger jet into the French Alps on Tuesday, pilots and psychologists warn it may be impossible to prevent similar incidents in the future. The International Civil Aviation Organization, which sets global aviation standards, recommends that someone...

  • WASHINGTON— The U.S. economy's tepid performance last quarter— a 2.2 percent annual growth rate— was typical of the economic rebound that began in the summer of 2009. Yet the sluggish pace of the recovery has a silver lining: This growth spurt has proved to be one of the most durable since World War II. "This recovery has been disappointing in terms of growth so far but...

  • Ahead of the Bell: US Economy-GDP Friday, 27 Mar 2015 | 6:48 AM ET

    WASHINGTON— The government issues its third and final estimate of how fast the U.S. economy grew in the October-December quarter. The report will be released Friday at 8:30 a.m. Eastern. GDP GROWTH: The expectation is that the economy, as measured by the gross domestic product, grew at an annual rate of 2.4 percent in the fourth quarter.

  • *Ukraine wants bondholders to accept debt writedown. *Entire IMF-led bailout for Ukraine at risk. Moscow bought the bonds from Kiev before a pro-Russian president was forced from power early last year, opening a rift which widened with the annexation of Crimea and a separatist rebellion in eastern Ukraine.