TEHRAN, Iran-- Iranian authorities used aggressive measures Wednesday in an attempt to halt the nosedive of the country's currency, making arrests, vowing to stamp out sidewalk money changers and warning merchants against fueling the mounting public anger over the economy.
By Yeganeh Torbati and Marcus George. DUBAI, Oct 3- Riot police clashed with demonstrators and arrested money changers in Tehran on Wednesday in disturbances over the collapse of the Iranian currency, which has lost 40 percent of its value against the dollar in a week, witnesses said.
Treasury Department announces sales of 3- and 6- month bills, 3- and 10- year notes, and 30- year bonds, 11 a.m.. Federal Reserve Bank of St. Louis President James Bullard speaks on "U.S. Economy and Monetary Policy "before the Economics Club of Memphis, in Memphis, Tennessee, 8:45 p.m..
*China, Europe services PMI disappoint. NEW YORK, Oct 3- Oil prices fell sharply on Wednesday as disappointing economic data from China and Europe reinforced concerns about slowing growth and a weakening outlook for petroleum demand, even as supportive U.S. data strengthened the dollar.
NEW YORK, Oct 3- Wall Street ended modestly higher on Wednesday on stronger-than-expected U.S. labor and service sector data, but the Dow industrials were hobbled by a slide in Hewlett-Packard. Based on the latest available data, the Dow Jones industrial average was up 12.48 points, or 0.09 percent, at 13,494.84.
Benchmark oil lost more than 3 percent Wednesday on more evidence of slower growth in China, the world's second-largest oil consumer behind the U.S. Airline stocks tend to trade inversely to the price of oil because fuel is one of the airlines' largest expenses. Shares of US Airways Group Inc. led the sector's gains Wednesday.
----------------------------------------------------------0830/ 12:30: The Labor Dept. issues weekly Jobless Claims. 0830/ 12:30: The USDA releases weekly Export Sales. 1000/ 1400: Freddie Mac issues weekly U.S. mortgage rates. 1600/ 2000: The USDA issues weekly world cotton price.---------------------------------------------------------- DIARY- Federal Reserve Events U.S.
NEW YORK, Oct 3- U.S. natural gas futures ended lower on Wednesday for the first time in seven sessions, hit by a slightly milder turn in the extended weather forecast and profit-taking ahead of Thursday's inventory report despite the still-cool outlook for next week.
WASHINGTON, Oct 3- Ads for President Barack Obama's reelection campaign dominated TV airwaves in key states in September, despite Republican challenger Mitt Romney's powerful "Super PAC" backers, according to an academic analysis released on Wednesday.
WHERE THE GRASS IS GREENER: Ranchers from Missouri to New Mexico have started cutting neighbors' fences, leaving gates open so their cattle can graze on greener pastures or even stealing hay as they contend with the worst drought in decades. IN THE WEEDS: It's not clear just how many grass thefts have happened since most aren't reported.
Oct 3- RBC Wealth Management, a division of the Royal Bank of Canada, has expanded its broker force in Colorado with a veteran team of advisers from Bank of America's Merrill Lynch.
NEW YORK-- Prices for energy and copper fell Wednesday following the latest signs that China's economy is slowing down. Copper, another commodity that is highly sensitive to changes in China's economy, fell 1.7 cents to $3.7840 a pound.
WILMINGTON, Del.-- A woman who gave birth to boxing promoter Butch Lewis' daughter after his death is seeking money from his estate. Louise Cummings had the baby in April, nine months after Lewis died at age 65. She wants the child declared a beneficiary of the estate and requested interim payments of $3,250 a month until the case is resolved.
WASHINGTON-- Former Secretary of State Henry Kissinger is sharply criticizing both U.S. presidential candidates for appealing to American suspicions of China in their campaigns. Kissinger said Wednesday the candidates have used "extremely deplorable" language, labeling China a cheat.
Oct 3- Emerald Bay Energy Inc:. *To offer up to a maximum of 24.0 million units at a subscription price of. *Net proceeds will be used for exploration and expansion of the corporation's.
Here's a low-overhead business: Selling New York City tap water! Yep, you wish you'd thought of it yourself, amiright?!
WASHINGTON-- A new book says President Barack Obama hoped to put Osama bin Laden on trial, showing the U.S. commitment to due process under law, if the al-Qaida leader had surrendered during a U.S. raid in Pakistan last year. A team of Navy SEALs raided bin Laden's compound in Abbottabad, Pakistan in May 2011 and killed bin Laden.