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  • TOKYO, April 30- Asian stocks slipped and the euro stood tall against the dollar early on Thursday after U.S. data overnight showed the economy grew much more slowly than expected in the first quarter. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.5 percent. The euro was steady at $1.1118 after surging to a near two-month high of $1.1188 in...

  • Ex-Fed governor: Fed 'left every option open'   Wednesday, 29 Apr 2015 | 7:31 PM ET
    Ex-Fed governor: Fed 'left every option open'

    Randy Kroszner, former Fed Governor and professor Of Economics at University of Chicago Booth School of Business, explains why the Fed described the weak U.S. first-quarter GDP as "transitory."

  • Meet the man who could be next ruler of oil markets Wednesday, 29 Apr 2015 | 7:23 PM ET
    Khalid Al-Falih

    There's no one individual whose comments carry more weight in the global oil market than the Saudi oil minister.

  • Don't worry, US economy will get better: Pro   Wednesday, 29 Apr 2015 | 7:13 PM ET
    Don't worry, US economy will get better: Pro

    Bob Doll, chief equity strategist of Nuveen Asset Management, explains why the disappointing first-quarter GDP print from the U.S. won't thwart the chances of a rate hike this year.

  • June rate hike? Barclays says 'very unlikely' now   Wednesday, 29 Apr 2015 | 6:19 PM ET
    June rate hike? Barclays says 'very unlikely' now

    Larry Kantor, managing director and head of Research at Barclays, says it is tough for the Federal Reserve to hike interest rates after a quarter of "basically no growth" and amid low inflation.

  • Burbank: Tech is growing out of infancy phase Wednesday, 29 Apr 2015 | 4:52 PM ET
    John Burbank, Passport Capital

    John Burbank, Passport Capital founder, said there will be deflationary outcomes in the tech industry over the next 10 years.

  • US STOCKS-Wall St ends down after Fed statement, GDP data Wednesday, 29 Apr 2015 | 4:32 PM ET

    "We all know the Fed would love to start normalizing rates, but the simple fact is, the data does not warrant that action right now," said Wayne Kaufman, chief market analyst at Phoenix Financial Services in New York. Insurer Humana's shares fell 7.2 percent to $168.05, the second-biggest loser on the S&P 500, after results missed forecasts. Shares of rivals also fell,...

  • Gold falls after Fed statement release Wednesday, 29 Apr 2015 | 4:07 PM ET

    Gold fell on Wednesday after the Federal Reserve released a statement in which it removed all calendar references to an rate increase.

  • FOREX-Dollar drops to nine-week low as U.S. GDP weighs Wednesday, 29 Apr 2015 | 3:49 PM ET

    Q1 GDP growth much lower than expected. NEW YORK, April 29- The dollar sank to a nine-week low on Wednesday after data showed the U.S. economy grew much more slowly than expected in the first quarter, reinforcing expectations for a gradual pace of interest rate rises by the Federal Reserve. "The fact that policymakers continue to view the key drivers of the slower...

  • Commerce Department data showed U.S. gross domestic product expanded at an only 0.2 percent annual rate, marking the weakest reading in a year, leading to a lower open on Wall Street. The data hit European shares, which also suffered from weak corporate results from companies such as Delhaize and Norsk Hydro. "People are speculating that we are in a low patch after...

  • Fed confident inflation will move back to 2% objective

    Hampton Pearson delivers the Federal Reserve's latest policy statement.

  • WASHINGTON, April 29- U.S. economic growth nearly stalled in the first quarter as harsh weather dampened consumer spending and energy companies struggling with low prices slashed spending. Gross domestic product expanded at an only 0.2 percent annual rate, the Commerce Department said on Wednesday. A strong dollar and a now-resolved labor dispute at...

  • Q1 GDP falls, undermines dollar. NEW YORK, April 29- The dollar dropped to a nine-week low on Wednesday after data showed the U.S. economy grew much more slowly than expected in the first quarter, reinforcing expectations for a gradual pace of interest rate rises by the Federal Reserve. "The breakdown is not as weak as the final sales number and inventory build data...

  • GDP - so bad it's good   Wednesday, 29 Apr 2015 | 12:05 PM ET
    GDP - so bad it's good

    Discussing how soft GDP data impacts the Fed's move on rates, with Paul Richards, UBS; and CNBC's Steve Liesman; and the FMHR traders.

  • Commerce Department data showed U.S. gross domestic product expanded at an only 0.2 percent annual rate, marking the weakest reading in a year, leading to a lower open on Wall Street. The data also hit European shares, which already suffered from weak corporate results from companies including Delhaize and Norsk Hydro. The low-rate environment is a bubble in...

  • Dollar trounced on weak GDP, view of easy Fed Wednesday, 29 Apr 2015 | 11:17 AM ET
    Traders work on the floor of the New York Stock Exchange.

    The dollar nosedived, stocks floundered and bonds sold off as traders awaited the Fed's view of the surprise weakness in first-quarter growth.

  • Consumers holding on to their wallets for dear life Wednesday, 29 Apr 2015 | 10:23 AM ET
    Cash transaction retail consumer spending

    The first-quarter gross domestic product report put several dents in popular Wall Street economic narratives, none of which bode well for growth.

  • Q1 GDP falls, undermines dollar. NEW YORK, April 29- The dollar dropped to an eight-week low on Wednesday after data showed the U.S. economy grew much more slowly than expected in the first quarter, reinforcing expectations for a gradual pace of interest rate rises by the Federal Reserve. "Any hopes of a June rate hike were dashed," said London- based Craig Erlam, senior...

  • *Weak economic data complicates Fed rate hike plan. WASHINGTON, April 29- As the Federal Reserve's policy-setting committee wraps up its third meeting of the year, a critical task awaits the U.S. central bank: narrowing the wide gap between how it and the markets view the path of interest rates. Gross domestic product expanded at a 0.2 percent annual rate in the...

  • Cramer to Fed: Stay dovish   Wednesday, 29 Apr 2015 | 9:01 AM ET
    Cramer to Fed: Stay dovish

    CNBC's Jim Cramer explains why the Federal Reserve should remain dovish in its monetary policy.