WASHINGTON (Reuters) - Housing starts fell last month as winter storms in some parts of the country disrupted home building, while a drop in import prices pointed to muted inflation pressures.
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Winter storms hit housing starts
Posted by guru 121 days ago (http://feeds.reuters.com)Wall St. little changed with Fed in view
Posted by guru 135 days ago (http://feeds.reuters.com)
NEW YORK (Reuters) - Stocks rose modestly on Tuesday as resource shares rose alongside commodity prices and ahead of a Federal Reserve statement expected to reiterate the central bank's pledge to keep interest rates extraordinarily low.
Euro ministers say have Greek aid plan if needed
Posted by guru 135 days ago (http://feeds.reuters.com)
BRUSSELS (Reuters) - Finance ministers from the 16-country euro zone agreed on Monday to mobilize financial aid for Greece rapidly if needed but revealed little of how their standby plan for the debt-stricken nation would work.
President would tap NY Fed chief under Dodd bill
Posted by guru 135 days ago (http://feeds.reuters.com)
NEW YORK (Reuters) - The New York Federal Reserve Bank's president would become a political appointee and bank chiefs like JPMorgan Chase's Jamie Dimon could no longer sit on the board of their regulator under a proposal unveiled by the head of the Senate Banking Committee on Monday.
Lehman plans to end bankruptcy, create new company
Posted by guru 135 days ago (http://feeds.reuters.com)
NEW YORK (Reuters) - Lehman Brothers Holdings Inc on Monday filed its reorganization plan with the U.S. bankruptcy court in Manhattan, proposing a way to end the largest U.S. bankruptcy case in history.
Lawmakers press for action on yuan
Posted by guru 136 days ago (http://feeds.reuters.com)
WASHINGTON (Reuters) - President Barack Obama faced growing congressional pressure on Monday to get tough with China over its currency practices, one day after Chinese Premier Wen Jiabao brushed off accusations that Beijing was undervaluing its currency for an unfair trade advantage.
Dodd boosts Fed in new financial reforms
Posted by guru 136 days ago (http://feeds.reuters.com)
WASHINGTON (Reuters) - The Federal Reserve would gain new powers over non-bank financial firms and keep much of its authority over banks under a new bill on financial regulatory reform unveiled on Monday by the chairman of the Senate Banking Committee, Christopher Dodd.
U.S. says no explanation yet for Prius California claim
Posted by guru 136 days ago (http://feeds.reuters.com)
WASHINGTON (Reuters) - Safety investigators have found no evidence so far to support or disprove a California motorist's claim his Toyota Motor Corp Prius sped out of control on its own, and cautioned the case may never be explained, U.S. regulators said on Monday.
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