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  • Bernanke Talks Innovation—And Yogi Berra—With Grads Saturday, 18 May 2013 | 3:13 PM ET
    Federal Reserve Chairman Ben Bernanke speaks to guests at a banking conference hosted by the Federal Reserve Bank of Chicago on May 10, 2013 in Chicago, Illinois.

    Federal Reserve Chairman Ben Bernanke painted an upbeat picture on Saturday for the potential of innovation to lift living standards.

  • Federal Reserve Chairman Ben Bernanke painted an upbeat picture on Saturday for the potential of innovation to lift living standards, delivering a sweeping look at the last 100 years that included memories of his 1963 South Carolina home.

  • *Gold at 1- month low as Fed pressured to end US stimulus. Gold fell, touching a 1- month low and closing down for a seventh straight session as the dollar hit its highest levels since 2008 after some Federal Reserve officials said the central bank should end its stimulus for the U.S. economy. Gold was the CRB's biggest loser, falling almost 2 percent.

  • WASHINGTON, May 17- USDA's National Veterinary Services Laboratories has detected porcine epidemic diarrhea, a virus associated with outbreaks of diarrhea and vomiting, in the Iowa hog population, a USDA spokesman said on Friday. USDA so far has only confirmed detection of PEDV in Iowa.

  • WASHINGTON, May 17- Tom Wheeler, nominated to become the new chairman of the Federal Communications Commission, pledged to divest stakes in AT&T Inc, Dish Network Corp, Google Inc and dozens of other tech and telecoms companies if he is confirmed.

  • LONDON/ WASHINGTON, May 17- A European probe into possible oil price manipulation expanded with the investigation of a small niche trading house in the Netherlands and a key U.S. senator on Friday called for the Justice Department to join the investigation.

  • CHICAGO, May 17- The Federal Reserve has not done enough to lower U.S. borrowing costs to boost economic growth, a top Fed official said on Friday, citing his outlook for overly low inflation and overly high unemployment over the next two to three years.

  • WASHINGTON, May 17- Tom Wheeler, nominated to become the new chairman of the Federal Communications Commission, pledged to divest stakes in AT&T Inc, Dish Network Corp, Google Inc and dozens of other tech and telecoms companies if he is confirmed.

  • NEW YORK/ LONDON, May 17- Gold fell for a seventh straight session on Friday, its longest losing streak in four years, as the dollar rose to the highest since 2008 after some Federal Reserve officials said the central bank should end its stimulus for the U.S. economy.

  • May 17- The U.S. Federal Trade Commission on Friday said it approved Tesoro Corp's purchase of BP Plc's 240,000 barrel per day Los Angles area refinery and other assets in a 3-0 vote. The commission found the deal would not substantially lessen competition among seven refiners for gasoline in California, the nation's largest gasoline market.

  • NEW YORK, May 17- Global equity markets rose and the dollar soared against a basket of currencies on Friday, reaching a nearly three-year peak, as speculation mounted over whether the Federal Reserve would soon begin to rein in its asset-buying program.

  • The benchmark S&P 500 index fell 0.5 percent on Thursday, its biggest drop since May 1, after a Federal Reserve official said the U.S. central bank could begin reducing its monetary stimulus program this summer.

  • *Gold prices set to end the week down 5 pct. LONDON, May 17- Gold fell for a seventh straight session on Friday, its longest losing streak in four years, as speculation that the Federal Reserve may soon rein in monetary easing lifted the dollar.

  • NEW YORK, May 17- The dollar soared against a basket of currencies on Friday, reaching a nearly three-year peak as debate over whether the Federal Reserve would wind down its asset buying program later this year gathered pace.

  • *Copper up for 2nd day after China data. LONDON, May 17- European shares lifted off lows on Friday while the dollar held near a 10- month high against a basket of currencies as investors considered the prospect the Federal Reserve might begin easing off on asset buying.

  • LONDON, May 17- The dollar rose against a basket of currencies on Friday, trading near a 10- month high as debate over whether the Federal Reserve would wind down its asset buying programme later this year gathered pace.

  • PRECIOUS-Gold falls as Fed comments lift dollar Friday, 17 May 2013 | 5:47 AM ET

    *Gold prices set to end the week down 5 pct. LONDON, May 17- Gold fell for a seventh straight session on Friday, its longest losing streak in four years, after comments from a Federal Reserve official that the bank may soon rein in monetary easing lifted the dollar.

  • LONDON, May 17- The dollar rose against a basket of currencies on Friday, hovering near a 10- month high as debate over whether the Federal Reserve would wind down its asset buying programme later this year gathered pace.

  • LONDON, May 16- The dollar held firm near a 10- month high versus a basket of currencies on Friday and European shares fell after a regional Federal Reserve chief said the U.S. central bank may begin to taper its asset buying this summer.

  • LONDON, May 17- European shares edged off multi-year highs on Friday, spooked by some U.S. policymakers talking about the possible future removal of monetary stimulus- the key driver of the market rally.