JACKSON HOLE, Wyo., Aug 22- Reginald Rounds was among those present at the Federal Reserve's high-flying monetary conference here, enjoying the chance to button hole two top officials of the U.S. central bank. The St. Louis resident is neither an economist nor a central banker.» Read More
WASHINGTON, Aug 19- U.S. housing starts rebounded strongly in July, pointing to momentum in the economy, but a moderate increase in consumer prices suggested the Federal Reserve has room to keep interest rates low for a while.
WASHINGTON, Aug 19- U.S. consumer prices barely rose in July as declining energy costs partially offset increases in food and rents, which could give the Federal Reserve ammunition to keep interest rates low for a while. The Labor Department said on Tuesday its Consumer Price Index edged up 0.1 percent last month after increasing 0.3 percent in June.
The USDA says farmers in central Nebraska were able to reduce irrigation last week because healthy amounts of rain fell. In eastern Nebraska, cooler weather slowed crop development while warmer temperatures in western Nebraska helped dry more hay. The USDA estimated that 70 percent of both the corn and soybean crops are in good or excellent condition.
TOKYO, Aug 19- The dollar steadied on Tuesday after Monday's gains on upbeat U.S. housing data and a rise in U.S. bond yields, but traders are waiting for hints on Federal Reserve policy intentions before they test major resistance levels.
WASHINGTON— The Federal Aviation Administration has issued a notice barring flights of U.S. planes over Syria, citing extremist groups equipped with anti-aircraft weapons that could pose a serious threat. The FAA said opposition groups in Syria have successfully shot down Syrian military aircraft.
SYDNEY- Reserve Bank of Australia will release the minutes of its August policy board meeting- 2340 GMT. SALZBURG, Germany- Federal Reserve Bank of New York Deputy General Counsel and Senior Vice President Joyce Hansen, Austrian National Bank Deputy Governor Andreas Ittner and Bundesbank Board member Andreas Dombret speak at Salzburg Global Seminar.
LONDON, Aug 17- Flashes of illumination rather than fireworks are expected at this week's annual meeting of top central bankers and economists in Jackson Hole, Wyoming. The spotlight will be on Janet Yellen, who will speak on Friday in her first appearance at Jackson Hole as Fed chair.
All puppies imported to the United States will have to be at least 6 months old, healthy, and up-to-date on vaccinations.
CAMBRIDGE, Mass.— Biogen Idec says that federal regulators have approved the specialty drugmaker's new treatment for people with relapsing forms of multiple sclerosis.
The U.S. Department of Agriculture approved a regulation Friday that, starting in 90 days, will require all puppies imported to the United States to be at least 6 months old, healthy, and up-to-date on vaccinations.
Aug 15- Slackness in the labor market is keeping U.S. wages from rising, according to research published by the Chicago Federal Reserve Bank on Friday. So far, Fed Chair Janet Yellen has resisted that pressure, drawing in part on her view that low wage growth suggests the labor market is weaker than headline unemployment suggests.
WASHINGTON— The Food and Drug Administration has approved Genentech's Avastin for a new use against late-stage cervical cancer, the seventh indication for the blockbuster biotech drug. The FDA approved the drug late Thursday for women with cervical cancer that is persistent, recurrent or has spread to other parts of the body.
WASHINGTON, Aug 15- U.S. industrial production edged higher in July, as production of auto parts and motor vehicles jumped 10.1 percent, according to data released by the Federal Reserve on Friday. Industrial production rose 0.4 percent, which was unchanged from June. The June increase was previously reported at 0.2 percent.
Aug 15- Acura Pharmaceuticals Inc said the U.S. Food and Drug Administration indicated that the company may have to conduct an additional study to determine the abuse-deterrent capability of its experimental painkiller treatment. The FDA in May said data was insufficient to support the company's claim that the drug could not be abused by snorting.
CHICAGO, Aug 14- Farmland prices in the U.S. Plains and Corn Belt states were steady to higher in the second quarter despite lower grain profits as crop prices fell, according to Federal Reserve Bank quarterly surveys issued on Thursday.
Aug 14- Farmland prices in the U.S. Corn Belt rose during the second quarter of 2014, bouncing back from a dip in the first quarter, despite outlooks for lower grain profits as crop prices fall, the Federal Reserve Bank of Chicago said on Thursday.
WASHINGTON— U.S. auto loans jumped to the highest level in eight years this spring, fueled by a big increase in lending to risky borrowers, according to a report Thursday by the Federal Reserve Bank of New York. This spring, banking regulators at the Office of the Comptroller of the Currency said that "signs of increasing risk are evident" in auto lending.
Aug 14- U.S. cropland prices in the central Plains and southern Midwest were stable in the second quarter of 2014 compared with the previous quarter even though farm income was lower due to falling crop prices, according to Federal Reserve Bank quarterly surveys issued on Thursday.
CHICAGO, Aug 14- The price of quality farmland in the southern U.S. Midwest and Delta region were steady to softer during the second quarter compared to the previous quarter, reflecting lower farm income, the Federal Reserve Bank of St. Louis said on Thursday.
PLAINS FARMLAND VALUES HOLD STEADY IN SECOND QUARTER- KC. Aug 14- Farmland prices in the U.S. central Plains held steady during the second quarter with the prior three months despite lower farm income, the Federal Reserve Bank of Kansas City said on Thursday.