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  • WASHINGTON, Oct 30- The U.S. government is suing baby food maker Gerber, owned by Nestle SA, alleging it advertised that its Good Start Gentle formula would reduce the risk of a baby developing allergies despite having no proof for the claim. The Federal Trade Commission, which filed the lawsuit on Wednesday, said Gerber put stickers on the baby food which said the...

  • NEW YORK, Oct 30- The dollar on Thursday extended recent gains to a 3-1/ 2- week high, boosted by unexpectedly strong third-quarter U.S. economic growth and a newly hawkish tone from the Federal Reserve. A U.S. Commerce Department report showed third-quarter gross domestic product grew by 3.5 percent versus the Reuters 3.0 percent mean forecast of economists.

  • WASHINGTON, Oct 30- Federal Reserve Chair Janet Yellen did not comment on monetary policy or the economic outlook in remarks on Thursday prepared for a diversity conference at the central bank.

  • NEW YORK, Oct 30- U.S. stock index futures were slightly lower on Thursday as investors looked ahead to a report on economic growth and continued to digest recent comments from the Federal Reserve. *An advance read on third-quarter gross domestic product will be released at 8:30 a.m. and is seen showing economic growth slowed to 3 percent from 4.6 percent in the...

  • *Gold slides after Fed ends bond buying on hawkish note. LONDON, Oct 30- Gold prices slid towards $1,200 an ounce on Thursday, hitting their lowest in 3-1/ 2 weeks, after the Federal Reserve ended its bond-buying stimulus programme on an unexpectedly hawkish note. Spot gold fell as low as $1,201.21 an ounce and was down 0.5 percent at $1,206.40 an ounce at 1015 GMT.

  • LONDON, Oct 30- Brent crude oil fell below $87 a barrel on Thursday, pressured by a stronger dollar after the Federal Reserve painted a brighter outlook for the U.S. economy. "Anything priced in U.S. dollars is seeing a fall since released that statement and that goes right across the commodities complex," said analyst Ben Le Brun at OptionsXpress, referring to the...

  • *Rate futures show chance of Fed hike in September 2015. LONDON, Oct 30- The dollar climbed to its highest in more than three weeks against a basket of currencies, buoyed by higher U.S. yields, after the Federal Reserve sounded less dovish on policy and more confident about the U.S. economic recovery. "The positive sentiment is likely to be reinforced by today's...

  • *Brazil shocks with interest-rate hike. TOKYO, Oct 30- The dollar stayed on the front foot on Thursday, setting a 3-1/ 2 week high against a basket of currencies after the Federal Reserve surprised markets with a more hawkish policy tone and signalled its confidence in the U.S. economic recovery. said Kengo Suzuki, chief forex strategist at Mizuho Securities.

  • SINGAPORE, Oct 30- Brent oil futures fell below $87 a barrel on Thursday, pressured by a stronger U.S. dollar after the Federal Reserve painted a brighter outlook for the U.S. economy. "Anything priced in U.S. dollars is seeing a fall since FOMC released that statement and that goes right across the commodities complex," said Ben Le Brun, market analyst at...

  • Oct 29- The U.S. Equal Employment Opportunity Commission has sued Honeywell International Inc to stop the company from imposing penalties on employees who refuse to undergo testing under its corporate wellness program. Honeywell employees could be penalized up to $4,000 each, through surcharges and lost contributions to health plans, if they or their...

  • Brent drops below $87 as Fed optimism lifts dollar Wednesday, 29 Oct 2014 | 11:23 PM ET

    SINGAPORE, Oct 30- Brent oil futures fell below $87 a barrel on Thursday, pressured by a stronger U.S. dollar after the Federal Reserve painted a brighter outlook for the U.S. economy. "Anything priced in U.S. dollars is seeing a fall since FOMC released that statement and that goes right across the commodities complex," said Ben Le Brun, market analyst at...

  • DIARY - Top Economic Events to Nov 12 Wednesday, 29 Oct 2014 | 8:01 PM ET

    WASHINGTON- Federal Reserve Chair Janet Yellen gives welcome remarks before the "National Summit on Diversity in the Economics Profession" conference hosted by the Federal Reserve- 1300 GMT. WASHINGTON- Exploring New Approaches to Trade, Investment and Jobs Conference. Commerce Secretary Penny Pritzker, Canadian Trade Minister Ed Fast and Mexico Economy...

  • US agency sues Honeywell over wellness testing Wednesday, 29 Oct 2014 | 5:18 PM ET

    The Equal Employment Opportunity Commission has sued Honeywell to stop it from imposing penalties on employees who refuse certain wellness tests.

  • Yellen reins in Fed hawks with a few choice words Wednesday, 29 Oct 2014 | 4:59 PM ET

    SAN FRANCISCO/ NEW YORK, Oct 29- Federal Reserve Chair Janet Yellen persuaded two hawkish colleagues to join her pledge on Wednesday to keep interest rates low for a long while, winning them over by sounding an optimistic tone on the U.S. job market and inflation. Charles Plosser and Richard Fisher, chiefs of the regional Philadelphia and Dallas Fed banks,...

  • *Fed drops reference to labor market slack as' significant'. WASHINGTON, Oct 29- The Federal Reserve on Wednesday ended its monthly bond purchase program and dropped a characterization of U.S. labor market slack as "significant" in a show of confidence in the economy's prospects. In a statement after a two-day meeting, the central bank largely dismissed recent...

  • *Fed statement still consistent with mid-2015 hike- Barclays. NEW YORK, Oct 29- U.S. benchmark 10- year debt yields rose to three-week highs on Wednesday after the Federal Reserve ended its asset purchase program and said recovery in the world's largest economy remained largely on track despite weakness in other parts of the world. "Bottom line is that this is a bit...

  • *Dollar snaps higher after Fed signals underlying economic strength. NEW YORK, Oct 29- The U.S. dollar surged higher on Wednesday after the Federal Reserve signaled confidence the U.S. economic recovery remained on track while investors started to bet on an interest rate increase sooner than previously expected. It didn't seem to imply there was any real delay...

  • NEW YORK/ LONDON, Oct 29- Gold prices fell more than 1 percent on Wednesday, extending earlier losses as jittery bullion investors offloaded bullish bets after the Federal Reserve gave an upbeat outlook for jobs growth as it ended its years-long bond buying stimulus program. "It doesn't appear we have too much guidance of what's going to happen going forward so...

  • NEW YORK, Oct 29- U.S. stocks were mixed, while the dollar and government bond yields rose on Wednesday, after the Federal Reserve announced the end of its stimulus program in a statement that also noted the improvements in the U.S. labor market. The Fed, as expected, said it will no longer add to its holdings of Treasury bonds and mortgage-backed securities,...

  • WASHINGTON, Oct 29- The Federal Reserve on Wednesday ended its monthly bond purchase program and dropped a characterization of U.S. labor market slack as "significant" in a show of confidence in the economy's prospects. In a statement after a two-day meeting, the central bank largely dismissed recent financial market volatility, dimming growth in Europe and a...