CHICAGO, Dec 6- A top Federal Reserve official, who has been one of the most ardent supporters of the U.S. central bank's bond-buying stimulus program, said he was open to curtailing the purchases this month, although he would prefer to wait.» Read More
Some 16,651 people in 2010 died from overdose deaths related to opioid abuse, the FDA said, including long-acting formulations. In a conference call, FDA officials said long-acting forms of opioids have played a "disproportionate role" in drug abuse and deaths.
WASHINGTON, Sept 10- When she was the top U.S. environmental regulator, a new email dropped into Lisa Jackson's inbox every 30 seconds around the clock on average. On Tuesday she told Congress that she didn't create a second email using her dog's name to subvert regulations but to survive the extreme overload.
WASHINGTON, Sept 10- A federal advisory panel recommended approval of GlaxoSmithKline's new drug to treat chronic obstructive pulmonary disease, and suggested the company be required to conduct further safety studies afterwards. The FDA is not required to follow the advice of its advisory panels but typically does so.
Sept 10- Someone at the Federal Reserve finally figured out that we are not Vulcans but humans. Rather than pointy-eared aliens constantly performing discounted cash flow calculations, we are actually, as investors, often chumps, prone to irrational enthusiasms leading to bubbles, San Francisco Fed President John Williams acknowledged in a speech on Monday.
WASHINGTON, Sept 10- An federal advisory panel has recommended that the U.S. Food and Drug Administration approve a drug made by GlaxoSmithKline Plc and Theravance Inc to treat chronic obstructive pulmonary disease. The FDA is not required to follow the advice of its advisory panels but typically does so.
The FDA will highlight on labels the dangers of abuse and possible death, as well as risks to newborns of mothers taking the medicines, it said in a release on Tuesday. The FDA said the drug labels currently are indicated for patients with moderate to severe pain and would in future indicate they should only be used for severe pain.
Sept 10- The U.S. Food and Drug Administration on Tuesday said it would require new language on the labels of long-acting and extended-release opioids, restricting their use and underscoring dangers of abuse, death and damage to newborns of mothers taking the widely used pain medicines.
BRUSSELS/ FRANKFURT, Sept 10- The impact of the U.S. central bank unwinding its policy stimulus risks being greater now than in 1994, when it started a tightening cycle and bond markets crashed, a European Central Bank policymaker said on Tuesday.
LONDON, Sept 10- Copper dipped on Tuesday on concerns over improved supplies and uncertainty over when the U.S. Federal Reserve will trim its stimulus programme, though upbeat economic data from top metal consumer China kept falls in check.
Sept 10- Trial data on Swiss drugmaker Roche's breast cancer treatment Perjeta supported a faster approval of the drug for use in early stages of the disease, reviewers for the U.S. Food and Drug Administration said on Tuesday.
BRUSSELS, Sept 10- The spillover effects of the U.S. central bank unwinding its policy stimulus risk being greater now than in 1994, and that episode highlights the importance of clearly communicating exit strategies from expansionary policies, an ECB policymaker said.
Sept 10- Trial data on Swiss drugmaker Roche's breast cancer treatment Perjata supported a faster approval of the drug for use in early stages of the disease, reviewers for the U.S. Food and Drug Administration said on Tuesday.
LONDON, Sept 10- Copper was little changed on Tuesday as uncertainty over whether the U.S. Federal Reserve will trim its stimulus programme kept investors cautious even as upbeat economic data from top metal consumer China brightened the demand outlook for base metals.
WASHINGTON, Sept 9- The uphill battle to convince the U.S. Congress to authorize a military strike against Syria could make it harder for President Barack Obama to nominate his former economic adviser Lawrence Summers as the next chairman of the Federal Reserve.
NEW YORK, Sept 9- Commodity markets were mostly lower on Monday as profit-taking eroded much of last week's strong gains, with oil down 1 to 2 percent as a military attack on Syria seemed less likely and grains off 1 to 3 percent ahead of U.S. government supply data. Gold eased on expectations the Federal Reserve will opt to taper its monetary stimulus program.
NEW YORK, Sept 9- The dollar slipped against most major currencies on Monday after last week's disappointing U.S. jobs data fuelled uncertainty about whether the Federal Reserve will begin to taper its stimulus program this month.
*Russia proposes Syria chemical weapons plan to avert war. *Gold gives back some of Friday's rally on tapering talk. NEW YORK/ LONDON, Sept 9- Gold fell on Monday, surrendering some of the gains made in the previous session, on market expectations that the Federal Reserve may taper its monetary stimulus.
*Treasury to sell $65 billion of three-, 10-, 30- year bonds. NEW YORK, Sept 9- U.S. After the disappointing employment report on Friday the market is now expecting a very small amount of tapering, if tapering begins at all, "said Gary Pollack, head of fixed income trading at Deutsche Bank Private Wealth Management in New York."
BANGALORE, Sept 9- The U.S. Federal Reserve will announce next week it will trim its monthly spending on asset purchases by $10 billion- a smaller amount than previously expected- according to a Reuters poll of economists.
LONDON, Sept 9- Gold prices eased on Monday, surrendering some of the gains made in the previous session after disappointing U.S. jobs data, on expectations the Federal Reserve will press on with some tapering of monetary stimulus in the near future.