NEW YORK, Aug 1- U.S. stocks tumbled in a volatile session on Friday, marking a second straight day of sharp declines as the latest economic data provided little clarity as to when the Federal Reserve might raise interest rates.» Read More
ATLANTA, Feb 27- A top U.S. Federal Reserve official said on Thursday that recent economic data had been "inconclusive" and that some softness was expected in the first quarter of 2014.. Atlanta Fed President Dennis Lockhart said disappointing data in recent months could be attributed to weather.
Federal Reserve Chair Janet Yellen offset concerns over tension in Ukraine and Russia. But gains were held in check as a result of tensions in Ukraine, as armed men seized the parliament in Ukraine's Crimea region and raised the Russian flag, alarming Kiev's new rulers, who urged Moscow not to abuse its navy base rights on the peninsula by moving troops around.
Feb 27- Unusually harsh winter weather appears to be behind recent signs of weakness in the U.S. economy, Federal Reserve Chair Janet Yellen said on Thursday, suggesting the central bank was poised to press forward in ratcheting back its stimulus.
Federal Reserve Chair Janet Yellen offset concerns over tension in Ukraine and Russia. "Markets are showing some relief that monetary policy may remain loose and that the Fed is clearly taking a pragmatic view quarter by quarter," said Lorne Baring, managing director of B Capital Wealth Management in Geneva.
WASHINGTON, Feb 27- The seemingly intractable problem of identity theft led the list of top consumer complaints once again in 2013, with U.S. consumers reporting that they lost over $1.6 billion to various types of fraud, the Federal Trade Commission said in a report released on Thursday.
Boeing has begun offering a specialized phone aimed at government agencies and contractors who need to keep communication and data secure.
The opioid drug, manufactured by Zogenix Inc, contains a potent amount of an active ingredient that could be lethal to new patients and children and is not safer than other current pain drugs, the groups told the Food and Drug Administration. In December, attorneys general from 28 states also urged the FDA to reconsider its approval of the drug.
*Royal Bank of Scotland falls after posting losses. LONDON, Feb 27- European equities pared most of their early losses late on Thursday, with better-than-expected U.S. durable goods data and comments from Federal Reserve Chair Janet Yellen prompting some investors to return to the market.
*Yellen testifies before Senate Banking Committee. Federal Reserve Chair Janet Yellen on the economy and monetary policy in testimony before the Senate Banking Committee.
Feb 27- Federal Reserve Chair Janet Yellen said on Thursday the central bank would be on alert to make sure recent signs of weakness in the U.S. economy are due to cold weather and storms, and not signals of a more fundamental slowdown.
WASHINGTON, Feb 27- The seemingly intractable problem of identity theft once again led the list of top consumer complaints in 2013, with U.S. consumers reporting that they lost $1.6 billion to various types of fraud, the Federal Trade Commission said in a report released Thursday. Florida had the highest per capita rate of identity theft.
Feb 27- Federal Reserve Chair Janet Yellen said on Thursday recent cold weather and storms may have weakened U.S. spending and, while the central bank will monitor it closely, it is yet difficult to know to what extent the U.S. economic recovery will be weaker than expected.
Treasuries debt prices inched up on Thursday as tensions in Ukraine and Russia spurred safety buying, but investors remained cautious ahead of comments from Federal Reserve Chair Janet Yellen on recent economic data.
*J.C. Penney and Best Buy rally in premarket after results. NEW YORK, Feb 27- U.S. stock index futures fell on Thursday, with the S&P 500 poised to recede further from record levels amid political uncertainty in Ukraine and ahead of comments from Federal Reserve Chair Janet Yellen.
The Boeing Black Smartphone is based on Google Inc's Android operating system and built into a black, tamper-proof handset capable of accessing multiple cell networks instead of a single network like a normal cellphone, according to Boeing and filings with the U.S. Federal Communications Commission.
Sandra Pianalto, who is stepping down at the end of May after 10 years as president of the Federal Reserve Bank of Cleveland, also predicted that new Fed Chair Janet Yellen would continue "building consensus and being open-minded" at policy-setting meetings in the years ahead.
WASHINGTON, Feb 26- The U.S. Senate Agriculture Committee said on Wednesday that it would consider the three presidential nominations to the Commodity Futures Trading Commission on March 6. Timothy Massad, a senior Treasury Department official, has been nominated to head the swaps and futures regulator.
WASHINGTON, Feb 26- Mythili Raman, the top criminal prosecutor at the U.S. Department of Justice, is planning to leave the agency next month, wrapping up a year overseeing high-profile investigations into global market manipulation.
LONDON, Feb 26- The Australian dollar fell on Wednesday as a continuing slide in the Chinese yuan highlighted concerns about a slowdown in Australia's top export market, while the U.S. dollar edged higher ahead of testimony by Federal Reserve Chair Janet Yellen.
WOOSTER, United States- Federal Reserve Bank of Cleveland President Sandra Pianalto gives lecture, "Reflections on 35 Years with the Federal Reserve System" at the James R. Wilson Lecture Series hosted by the College of Wooster- 0030 GMT. SAITAMA, Japan- Bank of Japan board member Koji Ishida speaks to business leaders in Saitama- 0130 GMT.