Dec 19- U.S. health regulators on Friday approved AbbVie's all-oral treatment for hepatitis C, and the company said the drug would cost $83,319 for a typical 12- week plan, a bit below its huge selling competitor Solvadi from Gilead Sciences. AbbVie's newly approved regimen is also less costly than Gilead's newest one-pill regimen that combines Sovaldi with...» Read More
FEDERAL RESERVE OFFICIALS GENERALLY AGREE DUAL USE OF INTEREST ON EXCESS RESERVES, REVERSE REPO FACILITY IN NORMALIZING POLICY- FOMC MINUTES.
*Dollar reverses earlier strength, falls against euro. NEW YORK, July 9- The U.S. dollar fell against the euro on Wednesday as investors awaited the release of minutes from the Federal Reserve's June meeting for any indications of how soon the U.S. central bank will raise interest rates.
NEW YORK, July 9- The U.S. dollar rose slightly against most major currencies on Wednesday as investors awaited the release of minutes from the Federal Reserve's June meeting for any indications of how soon the U.S. central bank will increase interest rates.
NEW YORK, July 9- U.S. "It's a tug-of-war between the lift-off date and reacting to Europe and asset allocation," said Justin Lederer, Treasury strategist at Cantor Fitzgerald in New York.
LONDON, July 9- The euro was steady against the dollar on Wednesday, with traders looking to a speech by European Central Bank chief Mario Draghi and minutes of the U.S. "Its really been very quiet," said Daragh Maher, a strategist with HSBC on Monday.
LONDON, July 9- Gold prices firmed on Wednesday, climbing back above $1,320 an ounce, as fresh inflows into bullion-backed funds indicated rising investor confidence the metal ahead of the release of the latest Federal Reserve minutes.
LONDON, July 9- The euro traded marginally stronger on Wednesday, with traders looking to a speech by European Central Bank chief Mario Draghi and the minutes of the U.S. "Its really been very quiet," said Daragh Maher, a strategist with HSBC on Monday.
CHICAGO, July 8- Federal regulators widened the recall of salmonella-tainted chicken produced by Foster Farms to include products believed to have been sent to military bases in five states to feed personnel and their families, according to U.S. Department of Agriculture on Tuesday.
WASHINGTON, July 8- Federal Reserve Chair Janet Yellen will go before Congress next week to deliver the U.S. central bank's latest report on monetary policy, congressional officials said on Tuesday. Yellen will appear before the Senate Banking Committee at 10 a.m. EDT on July 15, the Senate committee said.
CHICAGO, July 8- Federal regulators widened the recall of salmonella-tainted chicken produced by California- based Foster Farms to include products believed to have been send to military bases in five states to feed personnel and their families, according to U.S. Department of Agriculture on Tuesday.
WASHINGTON, July 8- U.S. consumer credit rose in May, a sign that easy monetary policy was providing substantial support for the economy. Total consumer credit increased by $19.6 billion to $3.19 trillion, the Federal Reserve said on Tuesday. Analysts polled by Reuters expected an increase of $20 billion in the month.
July 8- Richmond Federal Reserve President Jeffrey Lacker said on Tuesday that U.S. inflation has bottomed out and is moving toward its target, with economic growth continuing at a moderate pace.
July 8- Anacor Pharmaceutical Inc said the U.S. Food and Drug Administration approved its treatment for a fungal infection of the toenail. The topical solution, Kerydin, is expected to be launched as early as the end of the quarter in the United States, the company said on Tuesday.
In preparatory documents posted on the agency's website on Tuesday, FDA reviewers said laparoscopic power morcellator devices, which are used to treat uterine fibroids, allow for less invasive surgeries, shorter recovery time and fewer wound site infections.
July 8- Anacor Pharmaceutical Inc said the U.S. Food and Drug Administration approved its treatment for a fungal infection of the nail, sending the drug developer's shares up about 9 percent in premarket trade. Onychomycosis is a progressive, recurring fungal infection of the nail and nail bed and affects about 35 million people in the United States, Anacor said.
CHARLOTTE, United States- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook, July 2014" before a luncheon hosted by the Rotary Club of Charlotte in Charlotte- 1700 GMT.
WASHINGTON, July 7- Republicans in the U.S. House of Representatives on Monday introduced a bill that would require the Federal Reserve to disclose more information, and set a hearing to discuss reform at the U.S. central bank.
WASHINGTON, July 7- Two U.S. congressmen introduced a bill on Monday aimed at adding further scrutiny to the actions of the Federal Reserve. Bill Huizenga, a Republican from Michigan, and New Jersey Republican Scott Garrett introduced H.R. 5018, the Federal Reserve Accountability and Transparency Act, according to a memo obtained by Reuters.
NEW YORK, July 7- The dollar weakened against the yen and the euro on Monday, in line with strengthening Treasuries, as investors continued to digest last week's strong U.S. employment report and speculated about when the Federal Reserve is likely to begin raising U.S. interest rates.
WASHINGTON, July 7- Republicans in the U.S. House of Representatives, who have proposed bills to audit the Federal Reserve and to limit its policy mandate, on Monday set a hearing to discuss measures aimed at the U.S. central bank.