*Home Depot raises outlook, shares hit record intraday high. *JPMorgan shares hit highest since February 2001. NEW YORK, May 21- U.S. stocks gained on Tuesday as a record intraday high for Home Depot helped lift the blue-chip Dow, but investors were cautious a day ahead of congressional testimony from Federal Reserve Chairman Ben Bernanke.» Read More
In front of children who wrote letters to him expressing concern about gun violence, President Obama will unveil proposals Wednesday to curb the misuse of firearms.
NEW YORK, Jan 15- Eric Rosengren, the head of the Federal Reserve Bank of Boston, said the U.S. central bank could continue buying assets into early next year if the labor market improves only gradually, as he expects.
Northeast lawmakers hoping to push a $50.7 billion Hurricane Sandy aid package through the House face roadblocks by fiscal conservatives seeking offsetting spending cuts to pay for recovery efforts.
CNBC's Eamon Javers reports the IRS is watching extra generous "charitable donations."
GOLDEN VALLEY, Minn./ PROVIDENCE, R.I., Jan 15- T wo dovish Federal Reserve officials pushed back against some of their more hawkish peers on Tuesday, arguing that the U.S. central bank's accommodative policies are appropriate and may even need to be eased further.
ANN ARBOR, Mich., Jan 14- Federal Reserve Chairman Ben Bernanke urged U.S. lawmakers on Monday to lift the country's borrowing limit to avoid a potentially disastrous debt default, warning that the economy was still at risk from political gridlock over the deficit.
ANN ARBOR, Mich., Jan 14- Federal Reserve Chairman Ben Bernanke on Monday urged U.S. lawmakers to lift the country's borrowing limit to avoid a potentially disastrous debt default, warning that the economy was still at risk from political gridlock over the deficit.
WASHINGTON, Jan 14- Atlanta Federal Reserve Bank President Dennis Lockhart said on Monday policymakers must remain mindful of the risks of unconventional monetary policy, but added he saw no current threats to financial stability.
HALF MOON BAY, Calif., Jan 14- The Federal Reserve, which eased monetary policy last year by launching a new asset-purchase program, has calibrated monetary policy appropriately, a top Federal Reserve official said on Monday.
*FDA warning concerns quality system violations. Jan 14- St Jude Medical Inc said it received a warning letter from U.S. health officials concerning manufacturing issues at its Sylmar, California, plant, where it makes cardiac rhythm management devices.
NEW YORK, Jan 14- U.S. The Fed minutes showed several policymakers "wanted to scale back quantitative easing well before year-end, but there is no coupon supply until the Treasury sells two-year notes next on January 28," said Chris Rupkey, managing director and chief financial economist at Bank of Tokyo/Mitsubishi in New York.
The Vatican insisted on Sunday that it had taken adequate measures to combat money laundering and so could not understand why the Bank of Italy had blocked the use of credit and debit cards inside Vatican City, NBC reports
HALF MOON BAY, Calif., Jan 14- Worries over whether and how U.S. lawmakers will take the hard steps needed to put the nation on a sustainable fiscal path are top of mind as U.S. central bankers weigh monetary policy, a top Federal Reserve official said on Monday.
Police said Sunday they have arrested six suspects in another gang rape of a bus passenger in India, four weeks after a brutal attack on a student on a moving bus in the capital outraged Indians and led to calls for tougher rape laws. The CSM reports.
NEW YORK, Jan 11- American International Group Inc has filed a lawsuit against a vehicle created by the Federal Reserve Bank of New York to help bail out the insurer, in a bid to preserve its right to sue Bank of America Corp and other issuers of mortgage debt that went sour.
The Treasury secretary nominee is a left-liberal Obama spear-carrier, whose very appointment signals a sharp confrontation with the GOP House, Larry Kudlow says.
The Social Security Administration has taken back a reprimand it gave to an employee who was written up for "passing gas and releasing an unpleasant odor" that created a "hostile work environment."
*Good news for workers despite high unemployment. *If pattern continues, could lead to tighter Fed policy. NEW YORK, Jan 11- Wages quietly rebounded last month for U.S. workers, a welcome sign for many Americans that is also likely to have caught the eye of Federal Reserve.
*Traders expect USDA to raise estimates for soy inventories. The United States is facing increasing competition for business from Brazil, which is expected to harvest a record crop, and from Argentina. Still, USDA left its estimate for U.S. soybean exports unchanged from last month at 1.345 billion bushels. "
CNBC's Phil LeBeau reports government officials are standing by the Dreamliner, but shares of Boeing are down nearly three percent since the aircraft was hit by a couple of mishaps in the past week.