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  • WASHINGTON, April 17- Bank of Japan Governor Haruhiko Kuroda said on Friday the dominant view among Group of 20 finance leaders was that recent exchange-rate moves largely reflected economic fundamentals, while Japanese Finance Minister Taro Aso said he had not faced criticism from his G20 counterparts over the weak yen. "I didn't get the impression there was...

  • Glaxo recalls flu vaccine due to potency problem Friday, 17 Apr 2015 | 1:24 PM ET

    WASHINGTON— GlaxoSmithKline is recalling remaining doses of a popular four-in-one flu vaccine because of effectiveness problems. But Glaxo said in a letter it "cannot rule out potential suboptimal protection" in people who received the vaccine in early January or later. More than 99 percent of the vaccines were distributed in 2014, before the product began...

  • WASHINGTON, April 17- U.S. consumer prices increased for a second straight month in March on rising gasoline and housing costs, a sign of inflation that should keep the Federal Reserve on course to start raising interest rates this year. "The data should allay the disinflation concerns that predominated earlier this year and, on the margin, increase the Fed's...

  • WASHINGTON— An emergency order requiring trains hauling crude oil and other flammable liquids to slow down as they pass through urban areas and a series of other steps to improve the safety were announced Friday by the Department of Transportation. There have been a series of fiery oil train explosions in the U.S. and Canada in recent years, including one just...

  • WASHINGTON— Conceding that trade is a difficult topic for his Democratic Party, President Barack Obama on Friday defended his efforts to broaden commerce with Asia and Europe and warned critics that opposition would give China a leg up in setting the rules for international trade. In a news conference at the White House, Obama sought to reassure critics by...

  • ARLINGTON, Va.— ESPN suspended reporter Britt McHenry on Thursday after a video surfaced of her insulting a towing company clerk's intelligence, job and appearance. McHenry, a Washington- based reporter for the sports network since March 2014, turned to Twitter to apologize. Advanced Towing Co. released a statement Friday afternoon saying neither the clerk nor...

  • NEW YORK, April 17- U.S. regulators on Friday voted to open a swath of government-controlled airwaves for commercial use by tech and telecom companies such as Verizon Communications Inc and Google Inc as they seek to meet growing data demands from new wireless devices. The Federal Communications Commission voted unanimously to chalk out a process to allow...

  • China regulator clamps down on borrowing to buy stocks Friday, 17 Apr 2015 | 12:23 PM ET

    BEIJING— China's securities regulator is tightening control over lending to small stock investors in an attempt to cool an overheated stock market. The China Securities Regulatory Commission has banned a type of financing called an umbrella trust, tightened control over other financing and told brokerages to limit potential risks, the commission said in a...

  • *Britain's Osborne says Greece casts gloom over finance meetings. WASHINGTON, April 17- The Group of 20 leading economies struck a hopeful tone on the outlook for global growth on Friday even as officials fretted that Athen's inability to strike a deal with its lenders could upset Europe's tentative recovery. While Greece was not mentioned by name in the...

  • WASHINGTON— The Obama administration took a first step Friday toward a possible increase in fees charged for oil and gas companies to drill on federal lands. The Bureau of Land Management issued a notice seeking public comment on whether regulations are needed to give the government more flexibility in setting its fees. The Government Accountability Office...

  • LONDON, April 17- The Group of 20 leading economies is set to back action by regulators to ensure that clearing houses for securities can withstand market shocks. "We will identify and address gaps related to the resilience, recovery and resolution of central counterparties," G20 finance ministers and central bankers said in a draft communique prepared for a...

  • Gauge of US economy rises 0.2 percent in March Friday, 17 Apr 2015 | 10:17 AM ET

    WASHINGTON— An index designed to predict the future health of the economy slowly crept upward for the third straight month, a sign that the pace of growth has been weakening since the start of 2015.. The New York- based Conference Board said Friday that its index of leading indicators rose 0.2 percent in March, after gains of 0.1 percent in February and 0.2 percent...

  • TOKYO, April 17- Japan and the United States will hold cabinet-level trade talks from this weekend, but are unlikely to seal a final deal, seen as crucial for a broader trans-Pacific free trade pact, by a summit this month, Japanese Economy Minister Akira Amari said on Friday. A U.S.- Japan deal is considered vital to the success of a long-delayed Trans-Pacific...

  • WASHINGTON, April 17- The Greek financial crisis has helped make the mood at international financial talks in Washington this week "notably more gloomy," British finance minister George Osborne said on Friday. "It's clear now to me that a misstep or a miscalculation on either side could easily return European economies to the kind of perilous situation we saw...

  • *UK unemployment rate falls to 5.6 pct. LONDON, April 17- Britain's economy created the largest number of new jobs in nearly a year and unemployment hit its lowest rate since mid-2008, official labor market data showed on Friday, the last such report before a closely fought election on May 7. The opposition Labor Party stressed the slow pace of Britain's recovery in...

  • Hillary is not anti-Wall Street: Steven Rattner Friday, 17 Apr 2015 | 9:18 AM ET
    Steve Rattner, chairman Willet Advisors.

    Hillary Clinton believes U.S. capital markets are the best in the world and have a role to play, Steven Rattner tells CNBC.

  • *USTR Froman reportedly to visit Tokyo for ministerial talks. TOKYO, April 17- Japan and the United States look set to hold cabinet-level trade talks in coming days as the allies race to seal a bilateral trade deal, seen as crucial for a broader trans-Pacific free trade pact, ahead of a summit this month. Trade Representative Michael Froman will visit Tokyo to meet...

  • TOKYO— Top Japan and U.S. trade officials plan to meet this weekend, seeking to close gaps over autos and farm trade before Prime Minister Shinzo Abe visits Washington later this month. The U.S. and Japan must agree on market-opening measures before the 12 countries involved can reach a long-delayed final accord on the U.S.-led Trans-Pacific Partnership, a...

  • WASHINGTON— Higher-priced gasoline slightly boosted consumer prices in March, a sign that some of the effects of cheaper oil are fading and that inflation may be edging up to healthier levels. The consumer price index rose 0.2 percent last month, the Labor Department said Friday. And it suggests that consumer prices aren't at risk of sinking into outright...

  • *USTR Froman reportedly to visit Tokyo for ministerial talks. TOKYO, April 17- Japan and the United States look set to hold cabinet-level trade talks in coming days as the allies race to seal a bilateral trade deal, seen as crucial for a broader trans-Pacific free trade pact, ahead of a summit this month. Trade Representative Michael Froman will visit Tokyo to meet...