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  • PRECIOUS-Gold drops to 2-week low as dollar rallies Tuesday, 26 May 2015 | 2:53 AM ET

    *Gold falls below $1,200/ oz, dollar at 8- year high vs yen. SINGAPORE, May 26- Gold fell nearly 1 percent to a two-week low on Tuesday as the dollar pushed higher following recent comments from Federal Reserve Chair Janet Yellen that reinforced the U.S. central bank's tightening bias on monetary policy. Gold's correlation with the dollar has started to strengthen...

  • *Euro stuck below $1.1000, Greek concerns persist. SYDNEY/ TOKYO, May 26- The dollar scaled a one-month high against a basket of major currencies on Tuesday, having remained bid after comments from Federal Reserve Chair Janet Yellen reinforced a tightening bias on interest rates. Yellen made it clear that the Fed will hike rates and under such conditions the...

  • DIARY- Top Economic Events to June 5 Monday, 25 May 2015 | 9:09 PM ET

    TAIPEI- Former Federal Reserve chairman Ben Bernanke speaks on Asian economies- 0830 GMT. TEL AVIV, Israel- Federal Reserve Vice Chair Stanley Fischer speaks on "The Federal Reserve and the Global Economy" before a conference in honor of Professor Haim Ben-Shahar- 1630 GMT. PARIS- ECB Governing Council Member Christian Noyer gives an annual press conference in...

  • LONDON, May 25- Gold prices were marginally lower on Monday, as the dollar gained traction against major currency rivals, on signs the Federal Reserve is preparing to tighten monetary policy for the first time in six years in 2015.. Fed Chair Janet Yellen indicated on Friday that the U.S. central bank was poised to raise rates this year, with the world's largest...

  • *US, UK markets shut on Monday. LONDON, May 25- Gold edged lower on Monday as the dollar strengthened to a one-month high on signs the Federal Reserve is readying to raise interest rates for the first time in six years in 2015.. Spot gold was down 0.1 percent at $1,204.46 an ounce by 0847 GMT, just above a near-two-week low of $1,201.20 hit in the previous session.

  • MELBOURNE, May 25- Shanghai copper slipped to its lowest level in more than three weeks on Monday, tracking last week's losses in London after the Federal Reserve sent a strong signal it would raise interest rates this year, boosting the dollar. The most traded July copper contract on the Shanghai Futures Exchange slipped 1 percent to 44,720 yuan a tonne.

  • HONG KONG, May 25- Shanghai copper slipped to its lowest in more than three weeks on Monday, tracking last week's losses in London after the Federal Reserve sent a strong signal it would raise interest rates this year, boosting the dollar. *The most-traded July copper contract on the Shanghai Futures Exchange slipped 1.2 percent to 44,630 yuan a tonne.

  • SINGAPORE, May 25- Gold was trading close to its lowest in over a week on Monday after Federal Reserve Chair Janet Yellen said the U.S. central bank was poised to hike interest rates this year and as the dollar strengthened to its highest in a month. *Spot gold had slipped 0.2 percent to $1,203 an ounce by 0032 GMT, close to $1,201.20, the metal's lowest since May 13...

  • GM facing criminal charges over ignition woes Saturday, 23 May 2015 | 12:00 PM ET
    General Motors Chief Executive Officer Mary Barra

    Federal prosecutors have identified criminal wrongdoing in G.M.'s failure to disclose a switch defect, the NYT reports.

  • WASHINGTON— If there was one thing most economists agreed on at the start of the year, it was this: Plunging oil prices would boost the U.S. economy. At $2.74 a gallon, the average price of gas nationwide is nearly $1 lower than it was a year ago. Consider what Federal Reserve Chair Janet Yellen said in December: Lower gas prices, Yellen declared, are "certainly good for...

  • DIARY- Top Economic Events to June 4 Friday, 22 May 2015 | 8:01 PM ET

    SINTRA, Portugal- European Central Bank board member Vitor Constancio chairs session 2 on "Structural Perspectives on European Employment, Productivity, and Growth in a Global Context" at an ECB forum on Central Banking "Inflation and Unemployment in Europe"- 0800 GMT. SINTRA, Portugal- Federal Reserve Vice Chair Stanley Fischer participates in a panel...

  • *Core inflation highest since January 2013. *Microsoft down after report of Salesforce deal talks. May 22- U.S. stocks ended weaker on Friday after Federal Reserve Chair Janet Yellen indicated that the central bank was poised to raise interest rates this year, in line with Wall Street's expectations.

  • NEW YORK, May 22- U.S. stocks ended weaker on Friday after Federal Reserve Chair Janet Yellen indicated the central bank was poised to raise interest rates this year, in line with broad expectations on Wall Street.

  • NEW YORK, May 22- U.S. stock investors have been enjoying an extended period of low volatility and steady gains, but with the Federal Reserve on track to raise interest rates this year and major indexes near records, the market could get a bit choppier in coming weeks. Fed Chair Janet Yellen on Friday said she expected the U.S. central bank to raise rates in 2015,...

  • *Fed Chair Janet Yellen speech pressures gold slightly. NEW YORK/ LONDON, May 22- Gold eased on Friday, on course for its first weekly decline in four weeks, after U.S. Federal Reserve Chair Janet Yellen said she expected an interest rate hike this year.

  • WASHINGTON, May 22- Rising shelter and medical care costs boosted underlying U.S. inflation pressures in April, a welcome sign for the Federal Reserve as it contemplates raising interest rates this year. "It will give the Fed greater confidence that inflation will indeed make it to its target in the next couple of years, it increases the odds of faster Fed action,"...

  • WASHINGTON/ PROVIDENCE, May 22- Federal Reserve Chair Janet Yellen on Friday said she expected the central bank to raise interest rates this year, as the U.S. economy was on course to bounce back from a sluggish first quarter and headwinds at home and abroad waned. In a speech to a business group in Providence, Rhode Island, Yellen said she expected economic data to...

  • *Yellen comments leave rate expectations unchanged on Wall Street. *Microsoft down after report of Salesforce deal talk. May 22- U.S. stocks were flat on Friday after Federal Reserve Chair Janet Yellen said it would be appropriate to raise interest rates this year if the economy continues on its current path, in line with broad expectations on Wall Street.

  • Nevertheless, total egg production rose slightly in April, supported by a greater output of eggs for hatching into meat-producing birds and more egg-laying hens, the USDA reported. The USDA's Animal and Plant Health Inspection Service has since confirmed cases in 54 Iowa flocks containing more than 26 million birds, most of them egg-laying hens.

  • WASHINGTON— Federal Reserve Chair Janet Yellen said Friday she expects to begin raising interest rates later this year— if the job market improves and the Fed is confident inflation will climb closer toward its target rate. The Fed has kept its key benchmark rate at a record low near zero since December 2008. "I think it will be appropriate at some point this year to...