WASHINGTON, March 14- U.S. producer prices fell in February, reinforcing the view that minimal inflation pressures could keep the Federal Reserve from raising interest rates for quite some time. The Labor Department said on Friday its seasonally adjusted producer price index for final demand dropped 0.1 percent last month.» Read More
SINGAPORE, Nov 11- Gold eased on Monday to trade near three-week lows after an unexpectedly strong U.S. jobs report reignited fears the Federal Reserve could begin scaling back its support for the economy soon. *Spot gold fell 0.2 percent to $1,286.19 an ounce by 0020 GMT.
SYDNEY, Nov 11- The U.S. dollar held near two-month highs against a basket of major currencies early in Asia on Monday, having staged a broad rally after upbeat U.S. jobs data bolstered the case for the Federal Reserve to scale back stimulus as early as next month.
Nominated by President Barack Obama to succeed Fed Chairman Ben Bernanke when his term expires in January, Yellen will have to endure plenty of heated anti-Fed rhetoric from Republicans on Thursday, when she appears before the Senate Banking Committee.
OXFORD, Miss./ LOS ANGELES, Nov 8- Despite signs of improvement in the U.S. labor market, there is plenty of room for the jobless rate to fall further, Federal Reserve Chairman Ben Bernanke and two other top policymakers said on Friday, in comments that suggested continued support for the U.S. central bank's massive stimulus program.
NEW YORK, Nov 8- The U.S. stock market's rally could be put to the test next week if comments from Federal Reserve officials including Janet Yellen add to views the central bank could be scaling back its stimulus plan sooner rather than later.
Fed. Chairman Ben Bernanke said on Friday that there was still an "awful lot of slack" in the labor market, but said that economic data doesn't provide an accurate measure.
WASHINGTON, Nov 8- Federal Reserve Chairman Ben Bernanke said on Friday that there was still an "awful lot of slack" in the U.S. labor market, but cautioned that economic data did not do a good job of providing an accurate measure.
LOS ANGELES, Nov 8- A top Federal Reserve official who earlier this year predicted the Fed would likely be done with bond-buying by the end of this year said on Friday he would not "get into" commenting on the timing of any decision to taper.
Nov 8- The Federal Reserve will be looking at data in coming months and into next year to gauge whether the recovery is strong enough to begin withdrawing its massive bond-buying stimulus, a top Fed official said on Friday.
NEW YORK, Nov 8- An unexpected surge in U.S. jobs growth in October drove Wall Street stocks higher on Friday and in turn boosted the dollar and bond yields by raising expectations the Federal Reserve could scale back its economic stimulus as soon as December.
NEW YORK/ LONDON, Nov 8- Gold dropped 1.7 percent on Friday, notching its biggest one-day fall in more than a month, as surprisingly strong U.S. jobs data raised the prospect that the Federal Reserve may soon decide to temper its bond-buying stimulus.
NEW YORK, Nov 8- An unexpected surge in U.S. jobs growth during October drove Wall Street stocks higher on Friday and in turn boosted the dollar and interest rates by raising expectations the Federal Reserve could scale back its economic stimulus as soon as December.
NEW YORK/ LONDON, Nov 8- Gold dropped 1.7 percent on Friday, on track for its biggest one-day fall in more than a month, as surprisingly strong U.S. jobs data raised the prospect that the Federal Reserve may soon decide to temper its bond-buying stimulus.
NEW YORK, Nov 8- The dollar rallied broadly on Friday after a report showed U.S. job growth unexpectedly accelerated in October, boosting expectations the Federal Reserve may start scaling back massive stimulus later this year.
*FDA panel to meet on Nov. 13, FDA verdict due by year-end. FDA staff cite risk of blood disorders, infections, cancer. The FDA is expected to rule on the drug by the end of the year.
LONDON, Nov 8- Gold hit a three-week low on Friday as the dollar jumped after U.S. jobs growth unexpectedly accelerated in October, raising chances that the Federal Reserve will taper its stimulus programme before the end of the year.
*Santarus jumps on buyout deal. NEW YORK, Nov 8- U.S. stocks were set for a lower open on Friday, after an unexpectedly strong payrolls report increased the possibility the Federal Reserve could begin to scale back its stimulus before the end of the year.
BOSTON/ WASHINGTON, Nov 7- The U.S. Food and Drug Administration on Thursday proposed banning artificial trans fats in processed food ranging from cookies to frozen pizza, citing the risk of heart disease. Reducing the use of trans fats could prevent 20,000 heart attacks and 7,000 deaths from heart disease a year, the FDA said.
The Aerospace Industries Association, an industry trade group, has been pressing the FAA to develop rules for allowing greater use of such drones for civil uses such as firefighting, weather tracking and agriculture.
Since 2005, food companies have eliminated over 73 percent of the transfats in their products.