NASA is sending a 3- D printer to the International Space Station in hopes that astronauts will be able to one day fix their spacecraft by cranking out spare parts on the spot. Besides real-time replacement parts at the station, NASA envisions astronauts, in the decades ahead, making entire habitats at faraway destinations like Mars.» Read More
YELLEN SAYS CRISIS MIGHT HAVE BEEN AVOIDED WITH POLICIES THAT LIMITED LEVERAGE, SHORT-TERM FUNDING AND FORCED STRONGER UNDERWRITING.
YELLEN SAYS HIGHER INTEREST RATES IN THE EARLY 2000 S WOULD NOT HAVE PREVENTED THE CRISIS, OR ADDRESSED SYSTEMIC RISKS IN THE ECONOMY.
YELLEN SAYS MAY BE TIMES MONETARY POLICY SHOULD ADJUST TO ADDRESS FINANCIAL STABILITY RISKS, CLEAR COMMUNICATION NEEDED ON HOW RISKS IMPACT POLICY STANCE.
YELLEN SAYS EFFORTS TO MAKE FINANCIAL SYSTEM MORE RESILIENT CRITICAL TO OVERALL STABILITY.
YELLEN SAYS UNITED STATES FACES NO PRESSING FINANCIAL STABILITY CONCERNS AT PRESENT, LEAVING MONETARY POLICY FREE TO FOCUS ON INFLATION AND UNEMPLOYMENT.
FED'S YELLEN SAYS MONETARY POLICY NOT BEST TOOL TO PROMOTE FINANCIAL STABILITY, MACROPRUDENTIAL REGULATION NEEDS TO PLAY PRIMARY ROLE.
NEW YORK, July 2- U.S. stock indexes were little changed on Wednesday, with the Dow industrials hovering just below 17,000, after the U.S. private sector created many more jobs than expected last month.
July 2- Delta Air Lines Inc on Wednesday reported that unit revenue, an important measure, rose less than it had previously forecast for the month of June. In early May, a company executive had told a Bank of America Merrill Lynch conference that unit revenues for both May and June would likely rise in the 6 percent to 7 percent range.
LONDON, July 2- People at high risk of dying in West Africa's Ebola outbreak should be offered experimental medicines to see if they work, despite the drugs being not fully tested, the head of an influential global health charity said.
*Platinum hits 10- month highs above $1,500/ oz. LONDON, July 2- Platinum hit a 10- month high on Wednesday as its performance since the end of a strike in South Africa reassured investors that the short-term risk of a price retracement had died down, while gold steadied near the previous day's three-month high.
*Sterling strength makes London more expensive in dollars. LONDON, July 2- London house prices soared 26 percent over the past year in the biggest annual jump since 1987 as the economic recovery and record-low interest rates stoked a boom in one of the world's most expensive property markets.
CRUDE OIL FUTURES PARE LOSSES AS EIA DATA SHOWS HIGHER-THAN-EXPECTED DRAW ON CRUDE STOCKS.
NEW YORK, July 2- U.S. U.S. companies hired 281,000 workers in June, marking the biggest monthly increase since November 2012, the ADP National Employment Report showed. "It was obviously a decent number," said Sean Murphy, a Treasuries trader at Societe Generale in New York.
LONDON, July 2- Copper rose to its highest in more than four months on Wednesday after U.S. jobs data signalled a strengthening recovery in the world's largest economy, boosting demand prospects for the metal used mostly in power cables and construction.
PARIS, July 2- European shares inched up on Wednesday, tracking a rally on Wall Street, though dashed hopes of merger moves among French telecoms companies kept a lid on gains. But shares in Orange, Bouygues, Iliad and Numericable tumbled 2.6-4.1 percent after Orange said it was dropping the idea of joining in the consolidation of France's telecoms market.
EMC Corp's RSA Security said cyber criminals have been using software known as "Eupuds" to steal funds from customers of Brazil's widely used Boleto Bancário payment system, redirecting them to fraudulent accounts.
BUENOS AIRES, July 2- Argentina will press a U.S. judge to unfreeze a coupon payment to holders of the country's restructured debt as a condition of negotiating with' holdout' creditors suing for full repayment, a government official said on Wednesday.
July 2- St. Jude Medical Inc said the U.S. Food and Drug Administration notified the company that issues regarding its Sylmar, California- based manufacturing plant have been resolved. The FDA last year had warned St.
WASHINGTON, July 2- Stanley Black& Decker Inc is recalling about 108,000 Porter-Cable routers because the power tool's uninsulated handles pose a risk of electrical shock, the U.S. Consumer Product Safety Commission said on Wednesday.
Wells Fargo Securities analyst Gray Powell said Rackspace could seriously be considering a move to go private, a move supported by the strength of its balance sheet. Rackspace has received at least three acquisition bids, including those from Hewlett-Packard Co and IBM, the tech blog reported, citing a source within the company.