FRESNO, Calif.— A pair of giant water diversion tunnels proposed for the Sacramento-San Joaquin Delta could violate the federal Clean Water Act and increase harm to endangered fish species, according to the U.S. Environmental Protection Agency, which released its formal comment on the project Thursday.» Read More
ROCHESTER, Minn./ PHILADELPHIA, April 8- The Federal Reserve needs to be more specific about what economic conditions would prompt it to raise interest rates from current rock-bottom levels, a pair of top Fed officials normally at loggerheads on policy said on Tuesday.
PROVIDENCE, April 8- The U.S. Justice Department and Rhode Island on Tuesday agreed that federal officials will ensure that developmentally disabled residents of the New England state have the opportunity to work at real jobs where they earn at least minimum wage.
WASHINGTON, April 8- The U.S. Federal Reserve voted on Tuesday to adopt tougher leverage requirements for the eight biggest U.S. banks.
US FEDERAL RESERVE JOINS OTHER REGULATORY AGENCIES IN ADOPTING TOUGHER LEVERAGE REQUIREMENTS FOR BIGGEST US BANKS.
ROCHESTER, Minn., April 8- The Federal Reserve should do more to boost both inflation and jobs, a top Fed official said on Tuesday, including possibly pushing its main interest rate even lower or cutting the rate it pays banks on excess reserves kept at the U.S. central bank.
WASHINGTON, April 8- The U.S. Federal Deposit Insurance Corp voted on Tuesday to adopt tougher leverage requirements for the biggest U.S. banks. The rules set a leverage ratio of 6 percent for big banks and 5 percent for their holding companies. The new requirements would take effect in 2018, regulators said.
ROCHESTER, Minn., April 8- The Federal Reserve is allowing the American economy to waste "lots of resources" by letting inflation stay too low and unemployment stay too high, a top Fed official said on Tuesday, exhorting his fellow policymakers to do more.
Only manufactures that do not add sugar, corn syrup or other sweeteners should label their products as pure "honey," the FDA said in draft guidelines posted online. But just 149 million pounds were produced in the United States last year, U.S. Department of Agriculture data showed.
WASHINGTON, April 8- A U.S. Senate panel on Tuesday approved Timothy Massad as the next chairman of the Commodity Futures Trading Commission and two other commissioners to head the swaps and futures markets watchdog. The only nominee to draw a "no" vote, from Senator Thad Cochran of Mississippi, was Sharon Bowen, a partner at law firm Latham& Watkins in New York.
WASHINGTON, April 8- The U.S. Senate Agriculture Committee approved the nomination of Timothy Massad as the next chairman of the Commodity Futures Trading Commission, and two other commissioners for the agency overseeing swaps and futures markets.
LONDON, April 8- There is slightly less than a one-in-three chance the European Central Bank will start buying bonds outright as it struggles to lift dangerously low inflation and support a lacklustre economic recovery, a Reuters poll found. Federal Reserve and the Bank of England launched the same kind of stimulus.
PHILADELPHIA, United States- Federal Reserve Bank of Philadelphia President Charles Plosser speaks before the "Enhancing Prudential Standards in Financial Regulations" conference hosted by the Federal Reserve Bank of Philadelphia- 1845 GMT.
WASHINGTON, April 7- The U.S. The Fed said banks will now have until July 21, 2017 to shed these funds, which pool together risky loans. Even with the delay, the rule would lead to sharp losses for banks, the Loans Syndications and Trading Association said.
WASHINGTON, April 7- A U.S. court ruled on Monday that the Federal Trade Commission can proceed with a lawsuit against hotel group Wyndham Worldwide Corp for allegedly failing to safeguard consumers' personal information.
WASHINGTON, April 7- A U.S. court ruled on Monday that the Federal Trade Commission can proceed with a lawsuit against the hotel group Wyndham Worldwide Corp for allegedly failing to safeguard consumers' personal information.
April 7- MannKind Corp said the U.S. Food and Drug Administration extended the review date of its inhaled insulin treatment by three months, sending the company's shares down as much as 22 percent before the bell.
April 4- More Wall Street economists now believe the Federal Reserve will raise interest rates in the first half of 2015, as evidence builds that the U.S. economy has regained some momentum lost during an unusually rough winter, a survey showed on Friday.
*Wall St touches fresh record high, then retreats on Nasdaq slide. NEW YORK, April 4- A slide in momentum stocks pulled Wall Street and a measure of global equities lower on Friday despite a solid U.S. jobs report, while the dollar weakened on views the Federal Reserve will likely continue to wind down its stimulus.
*Wall St touches fresh record high after U.S. payrolls. *Brent rises from 5- month low to above $106. NEW YORK, April 4- Steady U.S. jobs growth pushed stocks on Wall Street to fresh highs and kept European equities on track for a ninth day of gains Friday, while damping the dollar's strength on the outlook that the Federal Reserve will continue to wind down stimulus.
WASHINGTON, April 4- The United States has extradited a former executive of an Italian marine hose manufacturer to face price-fixing charges in what the Justice Department said was its first extradition on antitrust charges.