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  • WASHINGTON, Jan 17- As part of a prisoner exchange with Iran, the White House said on Saturday it had offered clemency to seven Iranians who were convicted or facing trial in the United States. Through interviews with attorneys and a review of court records, Reuters has identified seven cases in which the United States offered clemency for Iranians serving...

  • Jan 15- The U.S. Food and Drug Administration on Friday issued draft guidelines to medical device makers on how to protect patients from cybersecurity vulnerabilities in their devices. Joshua Corman, founder of I Am The Cavalry, a cybersafety advocacy group who worked with the FDA on the guidance, said he was extremely encouraged by the agency's action.

  • NEW YORK, Jan 14- Citigroup Inc has settled long-running litigation in which Allied Irish Banks Plc accused it of helping rogue currency trader John Rusnak rack up a $691 million loss. District Judge Deborah Batts in Manhattan on Thursday ordered the dismissal of the 12-1/ 2- year-old case, in which government-controlled AIB sought $500 million of...

  • Jan 14- New Jersey and Florida were poster children for U.S. home foreclosures last year, with both states and several of their metropolitan areas topping the list in 2015, according to RealtyTrac data released on Thursday. Florida posted the second highest rate at 1.77 percent, with Maryland third at 1.60 percent. Florida metro areas around Tampa Bay,...

  • Jan 13- Millennnials in the West of the United States showed the strongest support for President Barack Obama's final State of the Union address, according to data provided by Yik Yak, a location-based mobile app that is popular with young people. An analysis of Yik Yak posts that specifically discussed Tuesday's speech, showed that 47 percent of millennials--...

  • BOSTON, Jan 12- Change your cell phone number, keep your head down and take at least six months before making any major decisions. The prize is large enough that a winner choosing the option of receiving 30 $50 million installments over the next 29 years could easily pay off the $129,579 in debt the average U.S. household carried at the end of last year, according to...

  • YOUR MONEY-Hotel travelers gripe as resort fees rise Tuesday, 12 Jan 2016 | 8:30 AM ET

    New York, Jan 12- Travel expert Tim Winship considers himself a budget-conscious travel expert, but even this editor-at-large of SmarterTravel.com was blind-sided by a mandatory resort fee. The Luxor Hotel in Las Vegas is charging him a resort fee of nearly $30 per day for an upcoming family reunion, something he noticed only in the last stage of booking through...

  • BALTIMORE, Jan 8- The Federal Reserve must be careful about reacting to China's financial turmoil without seeing clear signs of danger for the U.S. economic outlook, a Fed policymaker said on Friday. Richmond Fed President Jeffrey Lacker said the Asian financial crisis of the late 1990 s, which helped prompt interest rate cuts by the U.S. central bank, was a "great...

  • BALTIMORE, Jan 8- The Federal Reserve must be careful about reacting to China's financial turmoil without seeing clear signs of danger for the U.S. economic outlook, a Fed policymaker said on Friday. Richmond Fed President Jeffrey Lacker said the Asian financial crisis of the late 1990 s, which helped prompt interest rate cuts by the U.S. central bank, was a "great...

  • BALTIMORE, Jan 8- Richmond Federal Reserve President Jeffrey Lacker on Friday said persistently strong economic growth would need to be met with more aggressive interest rate hikes by the U.S. central bank.

  • *Average hourly earnings fall one cent. WASHINGTON, Jan 8- U.S. payrolls surged in December and the job count for the prior two months was revised sharply higher, showing the economy on solid ground despite a troubling international backdrop. "It gives us a short-term shot in the arm and pushes back the idea that we are headed for a global recession or that weakness in...

  • DIARY-Top Economic Events to Jan 20 Thursday, 7 Jan 2016 | 7:01 PM ET

    BALTIMORE, United States- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook, January 2016" before the Maryland Bankers Association's First Friday Economic Outlook Forum- 1800 GMT. TUESDAY, JANUARY 12 DALLAS- Federal Reserve Bank of Dallas President Rob Kaplan speaks before the North Texas Economic Forum hosted by Dallas...

  • LONDON, Jan 7- This is set to be the year in which the London Metal Exchange finally kills off the load-out queues that have plagued its physical delivery network over the last five years. But the cost of doing so has just become apparent. Average storage rents and load-out charges, weighted by stock levels at the end of November, will jump by 10 percent and 12 percent...

  • DIARY-Top Economic Events to Jan 18 Tuesday, 5 Jan 2016 | 7:01 PM ET

    THURSDAY, JANUARY 7 MADISON, United States- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic conditions and monetary policy before the Wisconsin Bankers Association Economic Forecast Luncheon- 1915 GMT. RALEIGH, United States- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook, January...

  • Democratic presidential candidate Bernie Sanders, who has made reining in Wall Street a top campaign theme, will warn on Tuesday that financial-sector greed is "destroying the fabric of our nation" and detail his plan to break up big banks, his campaign said. Sanders will deliver what his campaign is calling a "major policy address" on Wall Street reform in New York.

  • DIARY-Top Economic Events to Jan 14 Monday, 4 Jan 2016 | 7:01 PM ET

    THURSDAY, JANUARY 7 MADISON, United States- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic conditions and monetary policy before the Wisconsin Bankers Association Economic Forecast Luncheon- 1915 GMT. RALEIGH, United States- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook, January...

  • DIARY-Top Economic Events to Jan 13 Wednesday, 30 Dec 2015 | 7:01 PM ET

    SUNDAY, JANUARY 3 SAN FRANCISCO- Federal Reserve Bank of San Francisco President John Williams participates in a panel on "The Equilibrium Real Interest Rate- Theory, Measurement, and Use in Monetary Policy" at the American Economic Association/ ASSA annual meeting- 1600 GMT. Economic and Monetary Policy Developments "before a panel on" The United States and...

  • *China's yuan steady after four-year low in offshore trade. NEW YORK, Dec 30- Global stock markets fell on Wednesday as oil prices slumped toward 11- year lows, sapping investors' appetite for risky assets on the penultimate trading day of 2015.. Slumping oil prices have been a major driver of financial markets this year, hammering energy companies, lowering...

  • NEW YORK, Dec 30- Crude prices fell 3 percent on Wednesday, with Brent sliding toward 11- year lows, after an unusual build in U.S. stockpiles and signs Saudi Arabia will keep adding to the global oil glut. Crude inventories in the United States, the world's largest petroleum producer, rose 2.6 million barrels last week, the U.S. "In all the years I have been doing this, I...

  • DIARY-Top Economic Events to Jan 11 Tuesday, 29 Dec 2015 | 7:01 PM ET

    SUNDAY, JANUARY 3 SAN FRANCISCO- Federal Reserve Bank of San Francisco President John Williams participates in a panel on "The Equilibrium Real Interest Rate- Theory, Measurement, and Use in Monetary Policy" at the American Economic Association/ ASSA annual meeting- 1600 GMT. Economic and Monetary Policy Developments "before a panel on" The United States and...