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Top Fed officials zero in on next policy steps

YoopyaJan 6, 2014December 3, 20230

(Reuters) – The U.S. Federal Reserve, having just reduced its bond-buying program, now appears deep in debate over the best way to unwind its extraordinary

1.3 million losing unemployment benefits Saturday

YoopyaDec 28, 2013December 10, 20230

WASHINGTON (AP) — More than 1 million Americans are bracing for a harrowing, post-Christmas jolt as extended federal unemployment benefits come to a sudden halt

Insight: U.S. early warning system for financial crises gets low marks

YoopyaDec 23, 2013December 10, 20230

(Reuters) – In June 2009, a small group of academics sent an envoy to a Washington, D.C., think tank to pitch their vision for a

Housing, jobs data weaken, but overall economic picture still upbeat

YoopyaDec 20, 2013December 31, 20230

(Reuters) – U.S. home resales hit a near one-year low in November and new filings for unemployment benefits unexpectedly rose last week, putting a wrinkle

Euro zone agrees on bank closure funding; banking union in sight

YoopyaDec 18, 2013January 31, 20240

(Reuters) – Euro zone finance ministers made progress on Wednesday on some details of a plan to close banks, paving the way for completion of a euro

Euro zone November inflation picks up, third quarter labor costs rise slowest in three years

YoopyaDec 17, 2013January 31, 20240

(Reuters) – Euro zone inflation picked up in November because of a rise in electricity and accommodation prices, data showed on Tuesday, but wage growth

Total money market mutual funds rise by $7.45 billion in latest week: ICI

YoopyaDec 13, 2013February 2, 20240

(Reuters) – The Investment Company Institute on Thursday issued the following money market mutual fund assets report: “Total money market mutual fund assets increased by

U.S. money market assets increased in latest week: iMoneyNet

YoopyaDec 13, 2013February 2, 20240

(Reuters) – U.S. money market fund assets increased by $10.33 billion to $2.693 trillion in the week ended Dec 10, the Money Fund Report said

EU Commission fines banks $2.3 billion euros for benchmark rigging

YoopyaDec 4, 2013December 31, 20230

(Reuters) – EU antitrust regulators fined six financial institutions including Deutsche Bank, Royal Bank of Scotland and Citigroup a record total of 1.71 billion euros

Price growth and jobless fall eases pressure on ECB to act

YoopyaNov 29, 2013January 31, 20240

(Reuters) – A pick-up in inflation this month eases pressure on the European Central Bank to act next week, and the first fall in unemployment