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Top News & Analysis New York

  • TOKYO- Federal Reserve Bank of St. Louis President James Bullard gives presentation on the U.S. economy and monetary policy at Keio University- 0200 GMT. WASHINGTON- Federal Reserve Board Governor Lael Brainard speaks on "Global Economic Issues" before panel at the "Voices of Experience: A Conversation with Former Treasury Under Secretaries for International...

  • TOKYO- Federal Reserve Bank of St. Louis President James Bullard gives presentation on the U.S. economy and monetary policy at Keio University- 0200 GMT. WASHINGTON- Federal Reserve Board Governor Lael Brainard speaks on "Global Economic Issues" before panel at the "Voices of Experience: A Conversation with Former Treasury Under Secretaries for International...

  • NEW YORK, May 24- Five men, including a Washington political consultant and a federal employee, were criminally charged on Wednesday with engaging in an insider trading scheme based on leaks from within a federal healthcare agency. Federal prosecutors in Manhattan announced the arrests of political consultant David Blaszczak, founder of Precipio Health...

  • *OPEC, other producers to discuss oil output in Vienna. *High inventories, rising U.S. output undermining OPEC limits. NEW YORK, May 24- Oil prices retreated slightly Wednesday as investors reacted to a smaller-than-expected U.S. gasoline stocks draw as they awaited the outcome of discussions in Vienna between OPEC and other oil-exporting countries on whether...

  • ANCHORAGE, Alaska— The world's most famous sled dog race has lost a major backer, and Alaska race officials are blaming animal rights organizations for pressuring corporate sponsors outside the state like Wells Fargo with "manipulative information" about the treatment of the dogs. Wells Fargo spokesman David Kennedy said Wednesday the banking...

  • ZURICH, May 24- A person in Germany treated with Roche Holding AGs new multiple sclerosis drug Ocrevus has been diagnosed with an often-deadly brain infection after switching from another medication earlier this year, the Swiss drugmaker said on Wednesday. Roche said it was investigating a case of Progressive Multifocal Leukoencephalopathy in a patient...

  • *Treasury yield curve flattens, Wall Street stocks rise. *Global shares recover after China downgrade. NEW YORK, May 24- Wall Street rose, while the U.S. dollar and bond yields fell on Wednesday after Federal Reserve meeting minutes signaled a gradual approach to interest rate hikes, and oil prices dipped on a draw of U.S. gasoline stocks that was smaller than...

  • NEW YORK— Sean Hannity says a media watchdog is guilty of "liberal fascism" for targeting advertisers on his Fox News Channel show, as one company announced Wednesday that it would no longer hawk its wares there. The Chicago- based Cars.com said that it had been "watching closely" and recently decided to suspend its backing of Hannity. On Wednesday, Hannity said he...

  • Intuit Inc., up $8.68 to $137.83. Lowe's Cos., down $2.49 to $79.85. The Container Store Group Inc., up $1.35 to $5.50.

  • NEW YORK, May 24- U.S. stocks ended up slightly on Wednesday, with the S&P 500 hitting a record high close, after minutes of the Federal Reserve's latest meeting showed policymakers view a rate hike coming soon. But, according to the May 2-3 meeting minutes, they also agreed they should hold off on raising interest rates until they knew a recent U.S. economic slowdown...

  • NEW YORK _ PVH Corp. on Wednesday reported fiscal first-quarter profit of $70.4 million. Three analysts surveyed by Zacks expected $1.96 billion. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.53.

  • Treasury to sell $28 bln 7- year notes Thursday. NEW YORK, May 24- U.S. "Even though the Fed is reducing stimulus, I think this gives the market some comfort," said Matt Toms, chief investment officer of fixed income at Voya Investment Management in Atlanta.

  • Treasury to sell $28 bln 7- year notes Thursday. NEW YORK, May 24- U.S. "Even though the Fed is reducing stimulus, I think this gives the market some comfort," said Matt Toms, chief investment officer of fixed income at Voya Investment Management in Atlanta.

  • NEW YORK, May 24- Facebook Inc has signed deals with millennial-focused news and entertainment creators Vox Media, BuzzFeed, ATTN, Group Nine Media and others to make shows for its upcoming video service, which will feature long and short-form content with ad breaks, according to several sources familiar with the situation. It is an attempt to deliver on Facebook...

  • *Treasury yield curve flattens, Wall Street remains higher. While the yield curve flattened, Wall Street remained slightly higher and the dollar slipped after minutes from the Fed's May 2-3 meeting indicated it would gradually raise interest rates and reduce its bond reinvestment. "Their plan is in place to gradually phase out reinvestments beginning in the...

  • NEW YORK— The Trump Organization will not ask guests at its hotels and resorts if they are using money from foreign governments to pay their bills, setting up a possible showdown with Democrats accusing the president of violating the U.S. Critics say that by not selling off his hotels and resorts, President Donald Trump is opening himself up to bribes from...

  • Bunge shares were trading slightly higher at midafternoon at $82.09 after earlier touching a peak of $82.96, the highest since July 2015. Low commodity prices and a global glut of grain have squeezed core commodity trading operations for Bunge as well as rivals Archer Daniels Midland Co, Cargill Inc and Louis Dreyfus Co.. Bunge, with a nearly $11.5 billion...

  • NEW YORK/ LONDON, May 24- Gold prices rose on Wednesday as the dollar slipped and minutes of the Federal Reserve's last policy meeting suggested the U.S. central bank was cautious about raising interest rates. Spot gold traded at $1,256.02 an ounce by 2:50 p.m.. "Gold is largely unchanged after an initial burst higher failed as May's Fed minutes offered little to...

  • NEW YORK— While Americans have doubts about how much they should trust the "news media" in general, a poll by the Media Insight Project released Wednesday suggests they have a higher opinion of the sources they personally rely upon to follow the world. The survey by the project, a partnership between The Associated Press-NORC Center for Public Affairs Research...

  • Inquiries have spiked for temporary office spaces that do not require travel through the busiest train station in the U.S., where weeks-long outages in July and August are expected to trigger a travel nightmare for employees living in New Jersey and Long Island suburbs, according to businesses and real estate specialists. Calls in search of temporary office...