*Fed to buy $4.25 billion to $5.25 billion notes due 2017, 2018. NEW YORK, Dec 6- U.S. "The market reacted pretty violently to the report and I think a lot of people got caught in the hole," said Charles Comiskey, head of Treasuries trading at Bank of Nova Scotia in New York.» Read More
TOKYO/ SYDNEY, July 23- The dollar edged lower in Asia on Tuesday as the slide in U.S. The recent fall in U.S. yields came after top Federal Reserve officials, including Chairman Ben Bernanke, stressed that the timing of any reduction to the central bank's $85 billion in monthly purchases would depend on economic data.
SAN FRANCISCO, July 22- Uncertainty over economic policy has made U.S. businesses wary of hiring in recent years, boosting the jobless rate significantly, a paper published Monday by the San Francisco Federal Reserve Bank showed.
President Obama will embark on a campaign-style tour this week, laying out his agenda for reinvigorating the nation’s economy. The New York Times reports.
While the Fed has been debating for years whether to allow banks including Morgan Stanley and JPMorgan to continue owning assets like oil storage tanks or power plants, Friday's surprise statement suggests it is also reconsidering whether all bank holding firms should be able to trade raw materials such as gasoline tankers and coffee beans.
The FAA said it is working with Boeing on instructions for the inspections that are meant to ensure that wires are routed properly and look for pinched wires, unusual moisture or heating. United Airlines is the only U.S. carrier currently flying the 787, so is the only one formally governed by the FAA action.
NEW YORK, July 19- The Federal Reserve is "reviewing" a landmark 2003 decision that first allowed bank holding companies to trade in physical commodity markets, it said on Friday, a move that may send new shudders through Wall Street.
WASHINGTON, July 19- It could take another two years before the U.S. labor market returns to normal, according to research by the Federal Reserve Bank of Kansas City released on Friday, underscoring how far the economy must still go to regain full health.
WASHINGTON, July 18- When Gina McCarthy steps into her new role as administrator of the U.S. Environmental Protection Agency she will face an army of lawyers trying to sway the agency as it writes rules on power-plant emissions that will form the centerpiece of the Obama administration's climate-action plan.
Treasuries prices rose on Friday as disappointing earnings from technology giants Google and Microsoft weighed on stocks, and as the Federal Reserve bought 10- year notes as part of its ongoing purchase program. Google and Microsoft both announced disappointing quarterly results, building some concerns over how far the ongoing equity rally will extend.
SINGAPORE, July 19- Brent held above $108 a barrel on Friday, hovering near a three-month high on hopes of a steady recovery in U.S. demand following strong economic data and reassuring comments from the Federal Reserve on monetary stimulus. Brent crude climbed to an intra-day high of $108.93 per barrel and was unchanged at $108.70 a barrel by 0641 GMT.
SINGAPORE, July 19- Brent rose towards $109 a barrel on Friday, hovering near a three-month high on hopes of a steady recovery in U.S. demand following strong economic data and reassuring comments from the Federal Reserve on monetary stimulus. Brent crude climbed to an intra-day high of $108.93 per barrel and was at $108.75 a barrel by 0541 GMT, up 5 cents.
*China urges local govts to speed up spending. SINGAPORE, July 19- Brent rose towards $109 a barrel on Friday, hovering near a three-month high on hopes of a steady recovery in U.S. demand following strong economic data and reassuring comments from the Federal Reserve on monetary stimilus.
*Morgan Stanley's stock soars after strong results. NEW YORK, July 18- The Dow and the S&P 500 closed at record highs on Thursday after Morgan Stanley and others reported better-than-expected earnings and Federal Reserve Chairman Ben Bernanke's comments further reassured markets.
NEW YORK, July 18- Commodities mostly rose on Thursday, with U.S. crude oil hitting 16- month highs on signs of a stronger economy and gold and copper rebounding after assurances from the Federal Reserve chief that the central bank would taper its stimulus with care.
WASHINGTON, July 18- Federal Reserve Chairman Ben Bernanke said on Thursday it was too soon to judge if recent "mixed" signals from the U.S. economy would prompt the central bank to delay plans to trim its bond buying later this year.
WASHINGTON, July 18- The U.S. Senate voted on Thursday to move toward confirmation of Gina McCarthy as administrator of the U.S. Environmental Protection Agency, ending a months-long standoff on the issue. Senators voted 69-31 vote to close debate and move to a final confirmation vote for McCarthy, which could come later on Thursday.
*SPDR Gold Trust holdings down, investment demand weak. NEW YORK/ LONDON, July 18- Gold rose on Thursday, as gains in crude oil prices and short-covering triggered a rebound rally from the previous day's losses after the Federal Reserve chief said the U.S. central bank still expects to start scaling back its monetary stimulus later this year.
WASHINGTON, July 18- New claims for U.S. jobless benefits fell last week and factory activity picked up in the Mid-Atlantic region in early July, signs of a stronger economy that could help push the Federal Reserve to ease its monetary stimulus.
NEW YORK, July 18- Stock markets around the world extended their rally on Thursday as investors felt reassured the Federal Reserve would unwind stimulus measures with care, while the yen and the euro fell.
The postmaster general has renewed his plea for lawmakers to allow the Postal Service to switch to a five-day delivery schedule and to implement other overhauls.