NEW YORK, Aug 1- World stock markets traded lower on Friday following the previous session's Wall Street sell-off, while the dollar dipped after U.S. jobs data eased investors' worries Federal Reserve policymakers were tilting toward raising interest rates.» Read More
NEW YORK, Aug 1- U.S. stocks edged lower at the open, as a softer-than-expected July jobs report allayed concerns that the Federal Reserve would raise interest rates sooner than many had expected.
NEW YORK, Aug 1- U.S. stock index futures pointed to a slightly lower open on Friday as a weak July jobs report allayed concerns that the Federal Reserve would raise interest rates sooner than many had expected. *On Thursday, Wall Street suffered its biggest one-day decline in months as data sparked worries the U.S.
NEW YORK, Aug 1- U.S. stock index futures pared losses on Friday, after payrolls data in July fell short of expectations, giving the Federal Reserve room to keep interest rates low for a while.
WASHINGTON, Aug 1- U.S. consumer spending rose for a fifth straight month in June, but a moderation in price increases suggested the Federal Reserve will not raise interest rates anytime soon. The Commerce Department said on Friday consumer spending increased 0.4 percent after rising by an upwardly revised 0.3 percent in May.
*Average hourly earnings up 1 cent, workweek steady. WASHINGTON, Aug 1- U.S. job growth slowed more than expected in July and an unexpected rise in the unemployment rate pointed to some slack in the labor market that could give the Federal Reserve room to keep interest rates low for a while.
WASHINGTON— The Obama administration is moving to cut down on the thousands of foodborne illnesses linked to chicken and turkey each year with an overhaul of poultry plant inspection rules that are more than 50 years old. The Agriculture Department says the change could cut down on 5,000 foodborne illnesses annually.
WASHINGTON— The Federal Aviation Administration is restricting U.S. airlines from flying at or below 30,000 feet over Iraq because of what it calls "the potentially hazardous situation created by the armed conflict" there. Iraq also has been in turmoil as militants have fought government forces.
WASHINGTON— Congress passed a landmark bill Thursday to help veterans avoid long waits for health care and fix other problems at the Department of Veterans Affairs. A 91-3 vote in the Senate sent the $16.3 billion measure to President Barack Obama for his signature. Tom Coburn of Oklahoma, Bob Corker of Tennessee and Jeff Sessions of Alabama.
CHICAGO, July 31- A salmonella outbreak linked to California- based poultry producer Foster Farms' contaminated chicken appears to be over, more than 17 months after it began, the Centers for Disease Control and Prevention said on Thursday.
NEW YORK, July 31- U.S. stocks tumbled on Thursday, with the S&P 500 posting its worst daily decline since April and first monthly drop since January as economic data sparked concern that the Federal Reserve could raise interest rates sooner than some expect.
As investors look to the possibility of rising official interest rates in the U.S. and Britain in the coming year their expectations are colored by nasty memories of 2013' s taper tantrum, when bumbled communications by the Federal Reserve caused Treasury yields to spike and emerging markets to suffer.
NEW YORK, July 31- The U.S. dollar edged higher against a basket of major currencies on Thursday to notch its strongest monthly gain in over a year after U.S. labor market data fueled expectations for a more hawkish Federal Reserve.
WASHINGTON— The Food and Drug Administration has approved a new long-acting inhaler drug from Boehringer Ingelheim to treat people with chronic lung disease. The disease, which is most often caused by smoking, is the third leading cause of death in the U.S., according to the National Institutes of Health.
The FDA, which had raised concerns that some patients developed antibodies to one component of the treatment, is not obliged to follow the advice of its advisory panels but typically does so. The FDA had asked whether certain subgroups of patients, such as pregnant women, should be excluded.
WASHINGTON— The Food and Drug Administration announced Thursday it will begin regulating laboratory-developed tests, a growing class of medical diagnostics that have never before been subject to federal oversight.
SAN JUAN, Puerto Rico— New York's Federal Reserve Bank released a report Thursday in which it warned that Puerto Rico needs to improve its financial health soon or face what it called a "painful adjustment."
LONDON, July 31- Gold fell to a six-week low on Thursday and was set for its second monthly drop since May as the dollar rose on optimism over the U.S. economy, which offset a message from the Federal Reserve that it is in no rush to raise interest rates.
NEW YORK, July 31- The U.S. dollar edged higher against a basket of major currencies on Thursday after U.S. labor market data bolstered expectations for a more hawkish Federal Reserve and reinforced optimism for a strong U.S. nonfarm payrolls report Friday.
Sierra Leone president Ernest Bai Koroma declared a state of emergency due to the largest Ebola outbreak in history. NBC News reports.
The Wisconsin Supreme Court upheld Gov. Scott Walker's 2011 law that effectively stops collective bargaining for most public employees.