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Fed losing support on bank oversight
- 18 Hours ago
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Key Democratic lawmakers are threatening to dismantle the Obama administration's plans to place the Federal Reserve at the heart of efforts to overhaul the financial regulatory system. When administration
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U.S. jobless rate hits 10.2 per cent
- 64 Minutes ago
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WASHINGTON - The U.S. jobless rate unexpectedly jumped to a 26-1/2-year high of 10.2 per cent last month, adding to pressure on the Obama administration to do more to tackle unemployment even as signs
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Wall Street shakes off weak jobs data
- 12 Hours ago
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New York - Wall Street stocks wobbled before ending with slender gains Friday as investors shrugged off a disappointing US labor market report to end a strong week on an upbeat note. The Dow Jones Industrial
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Short-term Treasurys the better bet on the Fed
- 19 Hours ago
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Investors worried about the outlook for the economy and wanting a safe place to stash cash often look to the Treasury market, confident that the U.S. government will always pay its debts. But not all
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Fed Curbs Housing Agency Purchases In...
- 19 Hours ago
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Purchase Reprint Printer Friendly Email This Fed Curbs Housing Agency Purchases In 'Calculated' Move Reuters Yesterday The Federal Reserve's planned cutback in federal housing agency debt purchases may
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Congress could merge Fed into national regulator
- 42 Minutes ago
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Congress could merge the Federal Reserve's bank supervisory authority into a newly created national bank regulator as part of regulatory reform under consideration on Capitol Hill, a key lawmaker said
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Fed vows to hold rates low for extended period
- 7 Hours ago
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(Infocast News) The Federal Reserve reiterated that it will maintain its benchmark interest rate at near zero for an 'extended period,' signaling that the weak economy remains dependent on government
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US Fed Files Appeal in Bloomberg FOIA Case
- 9 Hours ago
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Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- Forcing the U.S. Federal Reserve Bank to disclose confidential lending information could undermine the institution's ability to maintain market stability,
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ECB, BoE hold interest rates at record lows
- 12 Hours ago
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london: The European Central Bank and Bank of England both kept interest rates at record lows yesterday, but the ECB was more upbeat on economic growth while the BoE planned to pump billions more pounds
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Wall Street rallies on upbeat economic data, 11/05
- 15 Hours ago
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Wall Street rallied on Thursday after the U.S. government reported better-than-expected jobless claims and productivity numbers and Cisco posted strong sales. The U.S. Labor Department said initial jobless
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European Stocks End Week Higher Following Volatile Session
- 17 Hours ago
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�   Commodities Higher as Dollar Weakens �   Earnings/Fundamentals Lift Sentiment European markets ended the session slightly higher following sharp selling pressure on the release of US Non-farm
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Buck calls out Bennet on Fed audit measure
- 19 Hours ago
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Weld District Attorney Ken Buck on Thursday called on U.S. Sen. Michael Bennet, D-Colo. to join a growing bipartisan group in Congress and sign on as a co-sponsor of the Federal Reserve Sunshine Act.
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Fed's balance sheet expands in latest week
- 18 Hours ago
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The U.S. Federal Reserve's balance sheet grew slightly in the latest week on increased holdings of government and mortgage agency debt, Fed data showed on Thursday. The Fed's balance sheet liabilities
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Fed: Interest rates to stay low for 'extended period'
- 19 Hours ago
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The Federal Reserve Boards Open Market Committee wrapped up a two-day interest rate meeting Wednesday afternoon vowing to keep rates exceptionally low for an extended period. Policy makers also say there
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Fed sees rates near zero for "extended period"
- 5 Hours ago
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As expected, the central bank closed out a two-day meeting with a decision to keep benchmark overnight interest rates in a range of zero to 0.25 percent. The vote was unanimous. In a statement announcing
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South Georgia Bank Closed By Feds
- 21 Hours ago
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SPARTA, Ga. -- Regulators shut down United Security Bank, a small bank in south Georgia, bringing the number of bank failures this year to 116 amid the struggling economy and a cascade of defaults on
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NY Fed says bought $2.714 bln of U.S. agency debt
- 11/6/2009
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NEW YORK, Nov 6 (Reuters) - The New York Federal Reserve said on Friday it bought $2.714 billion of U.S. agency debt with maturities ranging from November 2013 to April 2016. Dealers submitted $6.389
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STOCKS NEWS EUROPE-Antofagasta higher; Citi upgrades
- 11/6/2009
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Shares in Antofagasta (ANTO.L) gain 1.6 percent, leading rallying blue chip miners higher as Citigroup ups its rating to 'buy' for 'hold' for the Chilean copper firm in a review looking at laggards in
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Fed's new dashboard signals no rate hike soon
- 11/6/2009
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NEW YORK (Reuters) - The guideposts the U.S. central bank provided this week on what could drive an eventual move away from its extraordinarily easy monetary policy bolster the case for interest rates
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STOCKS NEWS ASIA-Shares to climb on Wall St gains
- 11/5/2009
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WELLINGTON, Nov 6 (Reuters) - Asian stocks are set to jump on Friday as a combination of strong company results and positive ecomomic data sent Wall St up. The main U.S. share indices closed as much as
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