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Top News & Analysis Boston

  • *Norway's central bank signals quicker path to rate hike. NEW YORK, Sept 21- The dollar weakened against a basket of currencies on Thursday, retreating from a more than two-week peak as bets stoked by the Federal Reserve signalling it may raise interest rates in December abated. "People were surprised that Yellen stuck with the script that weak inflation is...

  • Sept 21- Toys "R" Us Inc, the U.S. toy retailer that filed for bankruptcy protection this week, said on Thursday it is hiring part-time seasonal workers to staff its stores for the holidays, including for a new position of toy demonstrator. Toys "R" Us has the largest need to hire in the New York City area, followed by Los Angeles and then Groveport, Ohio, at a DHL warehouse it...

  • FRANKFURT- ECB President Mario Draghi gives welcome remarks at the 2nd ESRB annual conference in Frankfurt- 1315 GMT. STOCKHOLM- Swedish Central Bank minutes from monetary policy will be published- 0730 GMT. OSLO- Norway Central Bank holds a press conference after the announcing its interest rate decision and issuing its monetary policy report 0830 GMT.

  • FRANKFURT- ECB President Mario Draghi gives welcome remarks at the 2nd ESRB annual conference in Frankfurt- 1315 GMT. STOCKHOLM- Swedish Central Bank minutes from monetary policy will be published- 0730 GMT. OSLO- Norway Central Bank holds a press conference after the announcing its interest rate decision and issuing its monetary policy report 0830 GMT.

  • BOSTON, Sept 20- Billionaire hedge fund manager William Ackman, whose firm owns an 8.3 percent stake in Automatic Data Processing Inc, is turning up the heat in his proxy war for the human resources outsourcing company by targeting an often-ignored but influential group of people- retail investors. Now, his campaign to get himself and two other nominees...

  • NEW YORK, Sept 20- U.S. In its statement that followed a two-day meeting, the Fed, as expected, left rates unchanged and said it would begin in October to reduce its approximately $4.2 trillion in holdings of U.S. Fed Chair Janet Yellen said in a press conference after the meeting that a fall in inflation this year remained a mystery and said the U.S. central bank was...

  • *Balance sheet to fall up to $10 billion per month at first. WASHINGTON, Sept 20- The U.S. "The Fed did a good job telegraphing what they were going to do and then they followed through with it, so I'm not sure the market all that much of a reaction to it," said Michael Arone, chief investment strategist with State Street Global Advisors in Boston.

  • *Wall St falls after Fed signals another rate hike this year. NEW YORK, Sept 20- U.S. In its statement, the Fed, as expected, left rates unchanged and also said it would begin in October to reduce its approximately $4.2 trillion in holdings of U.S.

  • Sept 20- U.S. stocks were little changed in early afternoon trading on Wednesday as investors awaited the Federal Reserve's policy decision for clues on the future path of interest rates. Investors will closely follow Fed Chair Janet Yellen's press conference for views on inflation. The central bank is likely to keep interest rate unchanged and say that it...

  • Sept 20- The S&P and the Dow were little changed on Wednesday but hovered near record levels as investors waited to hear from the Federal Reserve on future interest rate hikes this year while the tech-heavy Nasdaq was pulled lower by a drop in Apple. Fed Chair Janet Yellen will hold a press conference half an hour later, which will be closely watched for views on...

  • Now, renting in Cambridge can feel like that— something critics say is made tougher by short-term rental websites like Airbnb, through which property owners can make more money renting out apartments or homes by the night instead of a yearlong lease. But it is also keenly felt in event-heavy college towns, particularly ones that also are tourist destinations or...

  • WEDNESDAY, SEPTEMBER 20 STOCKHOLM- Swedish Deputy Central Bank Governor Martin Floden talks about monetary policy- 1200 GMT. FRANKFURT- ECB Governing Council meeting. TOKYO- Bank of Japan monetary policy meeting.

  • WEDNESDAY, SEPTEMBER 20 STOCKHOLM- Swedish Deputy Central Bank Governor Martin Floden talks about monetary policy- 1200 GMT. FRANKFURT- ECB Governing Council meeting. TOKYO- Bank of Japan monetary policy meeting.

  • BOSTON— The Latest on the trial of a Massachusetts pharmacist charged in a deadly nationwide meningitis outbreak caused by contaminated steroids:. Stephen Weymouth told jurors during his opening statement Tuesday that prosecutors overreached by charging Glenn Chin with second-degree murder under federal racketeering law. Weymouth said that the...

  • NEW YORK, Sept 19- U.S. Investors will also be watching for signals that the Fed will raise interest rates in December, in addition to any clarity on personnel changes as Fed Chair Janet Yellens term-end approaches and after the resignation of Vice Chair Stanley Fischer earlier this month. We will see what Yellen has to say at the press conference regarding the...

  • BOSTON, Sept 19- Vanguard Group needs its hands-off investor base to pay attention. On Nov. 15 the world's largest mutual fund company will stage its broadest shareholder meeting in eight years and needs enough individual investors to vote on measures such as installing three new fund board members including Tim Buckley, who is set to take over as Vanguard chief...

  • BOSTON— Backers of a drive to gradually boost the state's minimum wage to $15 an hour told a legislative committee on Tuesday that many people who work full time at their jobs still live in poverty and struggle to support their families. The group Raise Up Massachusetts is collecting signatures to put a $15 minimum wage proposal before voters on the November...

  • BOSTON— An attorney for a Massachusetts pharmacist charged in a deadly meningitis outbreak urged jurors Tuesday not to be swayed by their emotions while prosecutors argued the man's actions demonstrated a "shocking disregard" for human life. Glenn Chin, the supervisory pharmacist at the now-closed New England Compounding Center, is on trial for...

  • **BASEL, Switzerland Donald Kohn, external member financial policy committee, Bank of England gives speech at the Supervisory policy implementation in the current macro-financial environment conference, Basel 1145 GMT. WEDNESDAY, SEPTEMBER 20 STOCKHOLM- Swedish Deputy Central Bank Governor Martin Floden talks about monetary policy- 1200 GMT WASHINGTON-...

  • **BASEL, Switzerland Donald Kohn, external member financial policy committee, Bank of England gives speech at the Supervisory policy implementation in the current macro-financial environment conference, Basel 1145 GMT. WEDNESDAY, SEPTEMBER 20 STOCKHOLM- Swedish Deputy Central Bank Governor Martin Floden talks about monetary policy- 1200 GMT WASHINGTON-...