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  • NEWARK, Del., Feb 11- Assessing the U.S. economy's underlying economic trends has become more difficult because of record low temperatures and heavy snowfall across much of the nation, Federal Reserve Bank of Philadelphia President Charles Plosser said on Tuesday.

  • Denied: IRS can't regulate tax preparers Tuesday, 11 Feb 2014 | 11:46 AM ET

    A US appeals court struck down the IRS's authority to regulate tax-return preparers, dealing a blow to the Obama administration.

  • *Gold rises to three-month high, U.S. government debt sells off. NEW YORK, Feb 11- The dollar and global equity markets rose on Tuesday after new Federal Reserve Chair Janet Yellen said on Wednesday she expects the U.S. central bank to continue trimming its bond purchases, a sign the U.S. economy is on track for further growth.

  • NEWARK, Del., Feb 11- Charles Plosser, president of the Federal Reserve Bank of Philadelphia, said on Tuesday history is not on the side of the central bank when it comes to raising interest rates in a timely manner and the risk is financial markets will force its hand.

  • Feb 11- The U.S. Food and Drug Administration said it will review possible heart risks associated with AstraZeneca Plc's widely-used diabetes drug saxagliptin, marketed as Onglyza and Kombiglyze XR.

  • *China's export, import growth probably cooled in Jan- poll. LONDON, Feb 11- Copper eased slightly on Tuesday after a statement by Federal Reserve Chair Janet Yellen lent support to the dollar but the decline was limited by tight futures spreads that showed a short-term dearth of the metal.

  • LONDON, Feb 11- Brent oil held near $109 a barrel on Tuesday and U.S. crude pared gains as investors digested Federal Reserve Chair Janet Yellen's comments that the U.S. central bank was on track to keep reducing its policy stimulus. Brent crude was up 25 cents at $108.88 a barrel at 1506 GMT, after settling 94 cents lower.

  • *Gold retreats from highest since mid-November. LONDON, Feb 11- Gold retreated from a near three-month high on Tuesday after incoming Federal Reserve Chair Janet Yellen reiterated the U.S. central bank's commitment to a measured tapering of its bullion-friendly policy stimulus.

  • NEW YORK, Feb 11- U.S. Treasuries slid on Tuesday after Federal Reserve Chair Janet Yellen said she strongly supported the Fed's monetary policy strategy, suggesting the central bank's current reduction in asset purchases was on track.

  • *New Fed chief says labor market recovery not complete. WASHINGTON, Feb 11- Federal Reserve Chair Janet Yellen said on Tuesday the U.S. central bank was on track to keep reducing its policy stimulus, even as she acknowledged the labor market recovery was "far from complete."

  • NEWARK, Del., Feb 11- Assessing the U.S. economy's underlying economic trends has become more difficult because of record low temperatures and heavy snowfall across much of the nation, Federal Reserve Bank of Philadelphia President Charles Plosser said on Tuesday.

  • WASHINGTON, Feb 11- New Federal Reserve Chair Janet Yellen said on Tuesday the labor market recovery is "far from complete" despite a drop in unemployment, yet she said the U.S. central bank expects to continue trimming policy stimulus in measured steps due to broader improvements in the economy.

  • US STOCKS-Futures climb ahead of Yellen testimony Tuesday, 11 Feb 2014 | 8:01 AM ET

    NEW YORK, Feb 11- U.S. stock index futures gained on Tuesday on hopes that the new Federal Reserve Chair Janet Yellen will reinforce the Fed's determination to halt the money-printing presses while assuring investors that a rise in interest rates remains a long way off.

  • LONDON, Feb 11- Spot gold climbed to its highest in almost three months on Tuesday, as the dollar fell ahead of congressional testimony by new Federal Reserve chief Janet Yellen that could give clues on the pace of its stimulus tapering.

  • LONDON, Feb 11- Spot gold climbed to its highest in almost three months on Tuesday, as the dollar fell ahead of congressional testimony by new Federal Reserve chief Janet Yellen that could give clues on the pace of its stimulus tapering.

  • LONDON, Feb 11- The dollar fell to its lowest level in almost two weeks on Tuesday ahead of congressional testimony by new U.S. Federal Reserve chief Janet Yellen that could give clues on how quickly the Fed will cut back its stimulus programme. Volumes were low due to a holiday in Japan and a lack of major economic data, holding most currencies inside recent ranges.

  • *Testimony at 8:30 a.m., hearing at 10 a.m.. WASHINGTON, Feb 11- The health of the U.S. economy and the extraordinary and controversial measures the Federal Reserve has taken to support it will top the agenda on Tuesday when Janet Yellen testifies to lawmakers for the first time as head of the Federal Reserve.

  • *Coming up: Fed Chair Janet Yellen House testimony 1500 GMT. SINGAPORE, Feb 11- Spot gold climbed to its highest in nearly three months on Tuesday ahead of Congressional testimony by the new chief of the Federal Reserve, on hopes that the U.S. central bank may slow the pace of its stimulus tapering.

  • *Aussie touches levels above $0.9000, hits 1- month peak. SYDNEY/ SINGAPORE, Feb 11- The dollar eased to a two-week low against a basket of major currencies on Tuesday ahead of congressional testimony by new U.S. Federal Reserve chief Janet Yellen, while the Aussie dollar benefited from an upbeat business survey.

  • The former banker, Martin Lack, is a Swiss national who was indicted in 2011 in Florida on a charge of conspiracy to defraud the United States. In a court filing last week, Lack's attorney and the U.S. Department of Justice asked a federal judge in Fort Lauderdale, Florida to set a date for Lack to plead guilty.