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  • DIARY- Top Economic Events to Jan 30 Friday, 16 Jan 2015 | 7:00 PM ET

    ATLANTA, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart gives welcome remarks and speaks on " Federal Reserve Bank of Atlanta's CED Programs and Financial Literacy Programs" before the HOPE Global Forum- 1350 GMT. DUBLIN- The Central Bank of Ireland, Center for Economic Policy Research and International Monetary Fund are organizing a...

  • SAN FRANCISCO, Jan 16- The Federal Reserve is still on track for a potential mid-year interest-rate increase, a top Fed official said on Friday, citing strong U.S. economic momentum and a falling unemployment rate. "There is no need to rush to raise rates; at the same time we want to make sure that we appropriately act in a way that we don't get behind the curve," San...

  • Jan 16- Two online payday lending companies linked to a professional racecar driver have agreed to pay a record $21 million to resolve charges by U.S. regulators that they engaged in deceptive practices, the Federal Trade Commission said on Friday. The settlement with Kansas- based AMG Services Inc, which serviced the loans, and MNE Services Inc, which lent to...

  • SAN FRANCISCO, Jan 16- The Federal Reserve is still on track for a potential mid-year interest-rate increase, a top Fed official said on Friday, citing strong U.S. economic momentum despite weakness abroad. "I think that sometime around the middle of the year we are going to be closer to a decision, at least I would think we would be closer to it being an appropriate...

  • WASHINGTON, Jan 16- The U.S. Commodity Futures Trading Commission said on Friday it was reviewing situation of retail forex broker FXCM, whose stock tumbled nearly 90 percent after losses related to the sharp appreciation of the Swiss franc. "We are reviewing the company's situation," a spokeswoman for the regulator said. She declined to give further detail.

  • WASHINGTON, Jan 16- The U.S. Fed Chair Janet Yellen and other Fed officials have met with these groups from late last year to hear their concerns, a departure from the practice of previous central bank leaders. A provision to permanently establish a seat at the Fed board for a person with community banking experience awaits the signature of President Barack Obama,...

  • A new Water Finance Center at the Environmental Protection Agency will work with state and local governments, utilities and the private sector to use federal grants to leverage private capital to address more than $600 billion in needs for drinking water and wastewater management over the next 20 years. A separate Agriculture Department program, the Rural...

  • Fed to launch community advisory council Friday, 16 Jan 2015 | 10:00 AM ET

    WASHINGTON, Jan 16- The U.S. Federal Reserve announced on Friday it will establish a community advisory council of 15 citizens to meet regularly with central bank officials for a broad conversation on the state of the economy. In a statement, the Fed said the panel will have "a particular focus on the concerns of low- and moderate-income populations."

  • US factory output rises 0.3 percent in December Friday, 16 Jan 2015 | 9:17 AM ET

    WASHINGTON— U.S. factory production rose in December as manufacturers churned out more furniture, computers and clothing, offsetting a decline in autos. Factory production increased 0.3 percent last month, the Federal Reserve said Friday, its fourth straight gain. "Manufacturing has been a growth driver throughout the U.S. recovery from the Great Recession,...

  • WATERFORD, Conn.— The Nuclear Regulatory Commission says a special inspection of a backup pump at the Millstone Power Station has raised two findings it characterizes as of "very low safety significance." NRC spokesman Neil Sheehan said Thursday the pump failed to pass tests on July 15 and Sept. 10, starting and then unexpectedly stopping. Millstone spokesman Ken...

  • WASHINGTON, Jan 15- The White House on Thursday said legislation was not necessary to settle so-called "net neutrality" rules because the Federal Communications Commission had the authority to write them. Republicans in Congress are trying to drum up support for a bill that would counter the FCC's upcoming new rules. "In terms of legislation, we don't believe...

  • Jan 15- Monsanto Co. received final U.S. approval on Thursday for herbicide-tolerant crops to be used with a new herbicide the company says will fight problematic weed resistance on farm fields, but critics say will only worsen the problems. Monsanto is still waiting for final approval from the Environmental Protection Agency for the herbicide it designed to...

  • USDA approves Monsanto's new GMO soybeans, cotton Thursday, 15 Jan 2015 | 1:21 PM ET

    Jan 15- Monsanto Co. received final U.S. approval on Thursday for herbicide-tolerant crops to be used with a new herbicide the company says will fight problematic weed resistance on farm fields, but critics say will only worsen the problems. Monsanto is still waiting for final approval from the Environmental Protection Agency for the herbicide it designed to...

  • WASHINGTON, Jan 15- U.S. producer prices in December recorded their biggest fall in more than three years on tumbling energy costs while underlying inflation pressures were tame, a cautionary note for the Federal Reserve as it ponders its next step on monetary policy. The Labor Department said on Thursday its producer price index for final demand declined 0.3...

  • WASHINGTON— Factory activity in the Philadelphia region grew at a much slower pace in January compared with the previous month, as orders, shipments and hiring tumbled. The Federal Reserve Bank of Philadelphia said Thursday that its index of regional factory activity fell to 6.3 this month from 24.3 in December. Manufacturing nationwide expanded in December...

  • *Energy-driven decline is biggest since October 2011. WASHINGTON, Jan 15- U.S. producer prices in December recorded their biggest fall in more than three years on tumbling energy costs while underlying inflation pressures were muted, a cautionary note for the Federal Reserve as it ponders its next step on monetary policy. The Labor Department said its producer...

  • U.S. producer prices post biggest drop in three years Thursday, 15 Jan 2015 | 8:30 AM ET

    WASHINGTON, Jan 15- U.S. producer prices in December recorded their biggest fall in more than three years on tumbling energy costs while underlying inflation pressures were muted, a cautionary note for the Federal Reserve as it ponders its next step on monetary policy. The Labor Department said on Thursday its producer price index for final demand declined 0.3...

  • DIARY- Top Economic Events to Jan 27 Wednesday, 14 Jan 2015 | 7:01 PM ET

    TOKYO- Bank of Japan's quarterly meeting of regional branch managers. DUBLIN- European Central Bank Governing Council member Patrick Honohan to attend the Oireachtas Banking Inquiry- 0730 GMT. SAN FRANCISCO, United States- Federal Reserve Bank of San Francisco President John Williams gives opening remarks before the Bay Area Council Economic Institute 8th...

  • WASHINGTON, Jan 14- A plunge in energy prices is hitting America's oil and gas producers, leading some firms to lay off workers while others struggle to get loans, the Federal Reserve said on Wednesday. The Fed's monthly Beige Book report on business activity had some evidence of this economic boost, with firms telling the Fed that lower gasoline prices helped...

  • WASHINGTON, Jan 14- A plunge in energy prices helped many Americans spend more freely in November and December, but it also weighed on those with livelihoods tied to the oil industry, the Federal Reserve said on Wednesday. Compiled by the Federal Reserve Bank of San Francisco, the report showed some consumers were getting a boost from lower gasoline prices, which...