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  • NEW YORK, Jan 13- A top U.S. Federal Reserve official said on Tuesday he was "uneasy" about the low long-term yields on Treasury bonds because the situation indicates there are fewer safe assets for investors, and it suggests rates could be persistently low in the future. Minneapolis Fed President Narayana Kocherlakota said the puzzlingly low rates could...

  • SAN ANTONIO, Jan 13- Growth in the Texas economy in 2015 will lag behind the national average due to falling energy prices that are dragging down the country's largest natural gas and oil producer, a Federal Reserve economist said on Tuesday. Keith Phillips, senior economist at the Federal Reserve Bank of Dallas, said the drop in oil prices to $50 from $80 a barrel...

  • FOREX-Dollar bolstered by U.S. rate, economic outlook Tuesday, 13 Jan 2015 | 10:59 AM ET

    *Dollar recovers from lows vs yen. NEW YORK, Jan 13- The dollar gained on Tuesday, still benefiting from more upbeat U.S. economic prospects compared with the rest of the world that should keep the Federal Reserve on track to raise interest rates this year. "In any case, the dollar remains a better investment than most other major currencies, at least for now," said Omer...

  • Jan 13- Antares Pharma Inc said the U.S. Food and Drug Administration has asked for additional safety data on its testosterone drug after a patient developed hives in a mid-stage trial. The FDA has become more cautious about approving testosterone drugs after it found late last year that more than a fifth of the patients prescribed such drugs did not get their...

  • Jan 13- Antares Pharma Inc said the U.S. Food and Drug Administration has asked for additional safety data on its testosterone drug after a patient developed hives in a mid-stage trial. Hives is an allergic skin reaction that causes red, itchy bumps on the skin. The FDA has asked for data on 350 patients exposed to the drug, QuickShot Testosterone.

  • DIARY- Top Economic Events to Jan 25 Monday, 12 Jan 2015 | 7:01 PM ET

    NEW YORK- Federal Reserve Bank of Minneapolis President Narayana Kocherlakota speaks on "Goal-Based Monetary Policy Report" before the MNI Near Year New Challenges event- 2200 GMT. LONDON- UK Finance Minister George Osborne gives a speech to the Royal Economic Society, hosted by Bank of England- 1730 GMT. LONDON- Bank of England Governor Mark Carney speaks at the...

  • DETROIT, Jan 12- Fiat Chrysler Automobiles Chief Executive Sergio Marchionne said his company is in talks with other automakers to share the costs of developing new vehicles and technology, particularly to cut greenhouse gas emissions, and called on the United States to ease fuel economy targets for 2025.. The U.S. Environmental Protection Agency will review...

  • WASHINGTON, Jan 12- The Federal Reserve should stop talking about the need for a "patient" interest rate policy just before it thinks it will begin hiking rates, a top Fed policymaker said on Monday. Richmond Federal Bank President Jeffrey Lacker said in an interview with Reuters that the Fed's guidance in December that it would be patient with raising rates...

  • FOREX-U.S. dollar slides vs yen in choppy trading Monday, 12 Jan 2015 | 2:48 PM ET

    NEW YORK, Jan 12- The dollar fell against the yen on Monday in volatile trading, pressured by weakness in U.S. stocks as the currency's positive outlook was somewhat diminished by surprisingly weak U.S. wage data on Friday. But Atlanta Federal Reserve Bank President Dennis Lockhart, a voting member of the Fed's Federal Open Market Committee for 2015, said on...

  • WASHINGTON, Jan 12- The Federal Reserve should stop talking about the need for a "patient" interest rate policy just before it thinks it will begin hiking rates, a top Fed policymaker said on Monday. Richmond Federal Bank President Jeffrey Lacker said in an interview with Reuters that the Fed's guidance in December that it would be patient with raising rates...

  • ATLANTA, Jan 12- The U.S. economy is motoring ahead in its recovery, likely putting the Federal Reserve in position to raise interest rates by the middle of the year, Atlanta Fed President Dennis Lockhart said on Monday. In some of his strongest comments to date about the direction of the economy, Lockhart said the U.S. economy "is hitting on all cylinders."

  • ATLANTA, Jan 12- Atlanta Federal Reserve Bank President Dennis Lockhart said on Monday the central bank may begin raising interest rates even if inflation is not clearly rising to its 2 percent target. The drop in energy prices has made inflation difficult to predict, he told reporters after a speech in Atlanta, and that he would be confident in the U.S. economy's...

  • ATLANTA, Jan 12- The U.S. economy is motoring ahead in its recovery, likely putting the Federal Reserve in position to raise interest rates by the middle of the year, Atlanta Fed President Dennis Lockhart said on Monday. In some of his strongest comments to date about the direction of the economy, Lockhart said the U.S. economy "is hitting on all cylinders.

  • DETROIT, Jan 12- Fiat Chrysler Automobiles Chief Executive Officer Sergio Marchionne said on Monday he is not in talks with another automaker on a merger, but that there needs to be consolidation throughout the industry to develop new products. The U.S. Environmental Protection Agency is going to conduct a review of the targets by 2018, and Marchionne said he...

  • NEW YORK, Jan 12- Two federal prosecutors who have led several high-profile fraud cases, including the government's criminal investigation of Bernard Madoff, are leaving the U.S. Justice Department to join prominent law firm Boies, Schiller& Flexner, according to an announcement Reuters reviewed before its public release. Matthew Schwartz and John Zach, who...

  • NEW YORK, Jan 12- Two federal prosecutors who have led several high-profile fraud cases, including the government's criminal investigation of Bernard Madoff, are leaving the U.S. Justice Department to join prominent law firm Boies, Schiller& Flexner, according to an announcement Reuters reviewed before its public release. Matthew Schwartz and John Zach, who...

  • Jan 12- Drug developer Arrowhead Research Corp said the U.S. Food and Drug Administration placed the company's experimental hepatitis B treatment on partial clinical hold, seeking additional data from the drug's mid-stage study. The company's shares plunged 22 pct premarket on Monday after the FDA also asked the company to reduce the dosage of the drug,...

  • Jan 12- Drug developer Arrowhead Research Corp said the U.S. Food and Drug Administration asked the company to reduce the dosage of its experimental Hepatitis B treatment and requested additional data from the drug's mid-stage trial. The company's shares fell 19 pct premarket on Monday. Arrowhead said its ongoing mid-stage trial would continue as planned...

  • *WHAT: USDA quarterly stocks, monthly suppy/demand and wheat seeding reports. *USDA seen raising Dec 1 corn stocks to all-time high. USDA's quarterly stocks report, a survey-based estimate of grain held by farmers and commercial firms, has a history of jolting Chicago Board of Trade markets.

  • Prosecutors said to recommend charges for Petraeus Friday, 9 Jan 2015 | 5:54 PM ET
    David Petraeus

    Prosecutors have recommended bringing felony charges against former Gen. David Petraeus for providing classified info to a mistress, officials say.