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  • *Yahoo rallies after results; BofA falls. NEW YORK, April 16- U.S. stocks rose 1 percent on Wednesday, advancing for a third straight session as Federal Reserve Chair Janet Yellen reaffirmed the central bank's commitment to keeping interest rates low and Yahoo rallied.

  • NEW YORK, April 16- The dollar rose to the highest level in a week against the yen on Wednesday on signs of future buying of Tokyo stocks by Japan's state pension fund, but edged lower against the euro on traders' view that the Federal Reserve is maintaining a dovish stance.

  • WASHINGTON, April 16- Two U.S. senators on Wednesday pushed the Federal Reserve to write tough new rules to limit Wall Street's role in commodity markets, stepping up pressure for a clampdown on some of the country's largest banks.

  • NEW YORK, April 16- U.S. stocks rose 1 percent on Wednesday, advancing for a third straight session as Federal Reserve Chair Janet Yellen reaffirmed the central bank's commitment to keeping interest rates low. Yahoo's shares rallied, giving a boost to the S&P 500.. The Nasdaq Composite Index jumped 52.06 points, or 1.29 percent, to close unofficially at 4,086.23.

  • Consumer groups win appeal to reveal Company Doe Wednesday, 16 Apr 2014 | 4:07 PM ET

    The 4th U.S. Circuit Court of Appeals in Richmond, Va., sided with consumer groups Wednesday in their fight to reveal the identity of the manufacturer. In 2011, an unidentified manufacturer went to court to stop the Consumer Product Safety Commission from publishing online a complaint about a product the company makes.

  • Fed survey: Growth picks up across most of US Wednesday, 16 Apr 2014 | 2:01 PM ET

    WASHINGTON— A Federal Reserve survey shows economic growth picking up across most of the United States over the past two months as bitter winter weather subsided. Only Cleveland and St. Louis reported slower growth.

  • U.S. economic activity increased in most regions -Fed Wednesday, 16 Apr 2014 | 2:00 PM ET

    WASHINGTON, April 16- U.S. economic activity picked up in recent weeks as a weather-related drag lifted, the Federal Reserve said on Wednesday. Chicago reported that growth had picked up, while New York and Philadelphia said activity had rebounded from slowdowns related to severe weather earlier in the year.

  • NEW YORK, April 16- Federal Reserve Chair Janet Yellen said on Wednesday the U.S. economy appeared to be slowly moving toward full employment, but that it would need help from the central bank for some time to come. "I do think we are seeing very meaningful progress, although clearly... the goal has not been achieved at this point," she told the Economic Club of New York.

  • WASHINGTON, April 16- Bank of America Corp has held talks with the U.S. Justice Department to resolve a civil fraud probe into Merrill Lynch's sale of flawed mortgage securities ahead of the financial crisis, people familiar with the negotiations told Reuters.

  • Yellen: Fed stimulus still needed for job market Wednesday, 16 Apr 2014 | 12:27 PM ET

    NEW YORK— Federal Reserve Chair Janet Yellen said Wednesday that the U.S. job market still needs help from the Fed and that the central bank must remain intent on adjusting its policy to respond to unforeseen challenges.

  • NEW YORK, April 16- The length of time the Federal Reserve keeps its key interest rate near zero will depend on how far the U.S. economy remains from the central bank's employment and inflation goals, and how long it will likely take to meet them, Fed Chair Janet Yellen said on Wednesday.

  • NEW YORK, April 16- Federal Reserve Chair Janet Yellen prepared the following remarks for a speech on Wednesday to the Economic Club of New York. "Nearly five years into the expansion that began after the financial crisis and the Great Recession, the recovery has come a long way.

  • NEW YORK, April 16- The dollar edged lower against the euro for the first time in four trading sessions on Wednesday ahead of Federal Reserve Chair Janet Yellen's comments, but rose against the yen on signs of future buying of Tokyo stocks by Japan's state pension fund.

  • FARGO, North Dakota/ BANGOR, Maine, April 15- The U.S. "If you commit to keeping rates low even as the recovery is proceeding, even as we continue to recover, I think people have a sense, the Fed has the recovery's back," Minneapolis Federal Reserve Bank President Narayana Kocherlakota said at North Dakota State University.

  • U.S. Fed's Kocherlakota says interested in bitcoin Tuesday, 15 Apr 2014 | 9:19 PM ET

    FARGO, N.D., April 15- A top U.S. Federal Reserve official said on Tuesday he is interested in the fast-emerging bitcoin, although he scoffed at the idea that the virtual currency could replace the dollar.

  • FARGO, N.D., April 15- A top U.S. Federal Reserve official said on Tuesday he will "do what it takes" to get inflation to be around 2 percent, including raising rates sharply if prices unexpectedly start to spiral upward too quickly.

  • FARGO, N.D., April 15- The U.S. Federal Reserve is coming up short on its goals for both inflation and employment, a top Fed official said on Tuesday, and the central bank ought to do more to ensure they return to healthier levels.

  • April 15- U.S. health regulators have approved four Boston Scientific Corp implantable devices for heart patients, including a next generation of smaller defibrillators to treat abnormal heart rhythms, the company said on Tuesday.

  • Fed's Rosengren wants more explicit rates guidance Tuesday, 15 Apr 2014 | 4:24 PM ET
    Eric Rosengren, Boston Federal Reserve president

    The Fed should "explicitly" say it will keep rates near zero until the economy is within a year of reaching Fed goals, a policymaker said.

  • Fed's Rosengren calls for more explicit rates guidance Tuesday, 15 Apr 2014 | 4:10 PM ET

    BANGOR, Maine, April 15- The Federal Reserve should "explicitly" state that it will keep interest rates near zero until the U.S. economy is within one year of reaching the central bank's employment and inflation goals, a top Fed policymaker said on Tuesday.

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