SYDNEY, Dec 19- Asian markets looked set for another upbeat session on Friday after Wall Street boasted its biggest two-day advance since late 2011 amid relief the Federal Reserve was in no rush to start hiking interest rates. Brent was quoted $1.37 lighter at $59.81 a barrel, while U.S. crude was hovering around $55.00 after losing more than $2 on Thursday.» Read More
OWENSBORO, Kentucky, July 17- The labor participation rate is expected to fall and the government should not expect an influx of workers, a Federal Reserve official said on Thursday, raising a point that goes against the view of Fed Chair Janet Yellen.
*Fed expected to start raising rates in Q2 2015. WASHINGTON, July 17- Rising inflation pressures could push the U.S. "All things considered, there is now an increased risk of an earlier first rate hike," economists at Bank of America Merrill Lynch said in a report.
*Wall Street lags central bank's rate-rise expectations. SAN FRANCISCO/ NEW YORK, July 17- Investors may be ignoring subtle warnings from the Federal Reserve that a rate rise may come sooner than they think, setting the stage for another painful market contraction much like last year's "taper tantrum."
NEW YORK, July 16- A proposal to overhaul nutrition labels on packaged foods sold in the United States does not go far enough to influence consumer choices and reduce obesity, a former U.S.
July 16- Markets aren't afraid of Janet Yellen, but you might want to be. Yellen and her colleagues at the Federal Reserve Board took unusually frank aim at frothy valuations in social media and biotech shares, as well as at parts of the debt markets, in testimony before Congress this week.
Department of Justice official on Wednesday issued a thinly veiled threat to Bank of America Corp, saying that banks under investigation for shoddy mortgage securities they sold before the financial crisis must admit to misconduct and pay substantial penalties or face lawsuits from the agency.
*Gold rises after biggest two-day loss since October. *Gold fix moved to electronic platform possible. NEW YORK/ LONDON, July 16- Gold rebounded on Wednesday after two consecutive days of sharp losses, but a strong U.S. economic outlook and fears that the Federal Reserve could raise U.S. interest rates limited gains for the safe haven.
WASHINGTON, July 16- The U.S. economy continued to expand in recent weeks, with manufacturing activity widening and employers in several parts of the country reporting difficulties finding skilled workers, the Federal Reserve said on Wednesday.
WASHINGTON, July 16- Federal Reserve Chair Janet Yellen defended the central bank's independence on Wednesday at a U.S. congressional hearing, handling tough questions from Republican lawmakers who want to rein in the Fed's authority.
*Gold steady after biggest 2- day loss since Oct, down 3.3 pct. LONDON, July 16- Gold steadied around 1,300 an ounce on Wednesday as investors found value after two days of losses, but was still trading near a four-week low on a stronger dollar and fears the Federal Reserve could raise U.S. interest rates sooner than expected.
July 16- The director of the U.S. Centers for Disease Control and Prevention on Wednesday said that he now recognizes a pattern of safety problems and said he will take sweeping measures to improve the culture of safety at the CDC.
Federal Reserve Chair Janet Yellen's testimony as prepared for delivery to the House of Representatives Financial Services Committee on Wednesday is a repeat of the remarks she delivered before the Senate Banking Committee a day earlier.
Treasury yields and market speculation Federal Reserve Chair Janet Yellen is leaning toward tightening monetary policy that has kept interest rates at record lows. "We have had some subtly hawkish messages from Janet Yellen," said Joe Manimbo, senior market analyst at Western Union Business Solutions in Washington.
FED CHAIR YELLEN'S PREPARED TESTIMONY TO HOUSE OF REPRESENTATIVES PANEL IDENTICAL TO REMARKS DELIVERED ON TUESDAY TO SENATE BANKING COMMITTEE.
SINGAPORE, July 16- Gold retained two days of losses to trade near a four-week low on Wednesday, below $1,300 an ounce, on a stronger dollar and fears that the Federal Reserve could hike U.S. interest rates sooner than expected.
SYDNEY, July 16- The dollar clung to modest gains early on Wednesday after bulls latched onto a comment by the head of the Federal Reserve that rates could rise sooner if employment continued to improve, while strong inflation sent sterling to a six-year high.
WASHINGTON- Federal Reserve Chair Janet Yellen delivers a second day of testimony on the U.S. central bank's semiannual monetary policy report before the House Financial Services Committee- 1400 GMT.
WASHINGTON, July 15- A Republican member of the U.S. Securities and Exchange Commission slammed the Federal Reserve and a council of financial regulators on Tuesday, accusing them of a power grab on everything from asset managers to high-speed trading.
*JPMorgan, Goldman shares rally after earnings. NEW YORK, July 15- U.S. stocks pulled back on Tuesday after Federal Reserve Chair Janet Yellen and her fellow Fed policymakers raised concerns about "substantially stretched valuations" in some sectors. Facebook shares tumbled 1.1 percent to $67.17.
NEW YORK, July 15- The dollar climbed against most other leading currencies on Tuesday after Federal Reserve chief Janet Yellen championed continuing loose U.S. monetary policies to boost employment and stagnant wages.