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  • U.S. Federal Reserve Chair Janet Yellen arrives for a luncheon at the Federal Reserve in San Francisco, California
    Fed's Yellen sees gradual rate hikes starting this year Reuters - 13 hours ago

    By Ann Saphir and Michael Flaherty SAN FRANCISCO/WASHINGTON (Reuters) - Federal Reserve Chair Janet Yellen signaled that the U.S. central bank will likely start raising borrowing costs later this year, …

    U.S. Federal Reserve Chair Janet Yellen arrives for a luncheon at the Federal Reserve in San Francisco, California

    By Ann Saphir and Michael Flaherty SAN FRANCISCO/WASHINGTON (Reuters) - Federal Reserve Chair Janet Yellen signaled that the U.S. central bank will likely start raising borrowing costs later this year, even before inflation and wages have returned to health, but emphasized the return to normal interest rates will be gradual. …

  • Greece submits new list of reforms to unlock further aid Reuters - 18 hours ago

    By Renee Maltezou ATHENS (Reuters) - Greece has sent its creditors a long-awaited list of reforms with a pledge to produce a small budget surplus this year in the hope that it will unlock badly needed …

    A Greek national flag flutters as the parliament building is seen in the background in Athens

    By Renee Maltezou ATHENS (Reuters) - Greece has sent its creditors a long-awaited list of reforms with a pledge to produce a small budget surplus this year in the hope that it will unlock badly needed cash, Greek government officials said on Friday. The European Union and IMF lenders, informally called the Brussels Group, …

  • U.S. economic growth slows in fourth quarter; corporate profits fall Reuters - 20 hours ago

    U.S. economic growth cooled in the fourth quarter as previously reported and after-tax corporate profits took a hit from a strong dollar, which could undermine future business spending. Corporate profits …

    A man pushes his shopping cart down an aisle at a Home Depot store in New York

    U.S. economic growth cooled in the fourth quarter as previously reported and after-tax corporate profits took a hit from a strong dollar, which could undermine future business spending. Corporate profits from outside the United States fell at an 8.8 percent rate, the steepest decline since the 2007-2009 recession. "Slower …

  • U.S. consumer sentiment falls in March but above forecasts Reuters - 21 hours ago

    U.S. consumer sentiment fell month-over-month in March, a survey released on Friday showed, though the reading was better than expected. The University of Michigan's final March reading on the overall …

    Shoppers roam the aisles at the Safeway store in Wheaton Maryland

    U.S. consumer sentiment fell month-over-month in March, a survey released on Friday showed, though the reading was better than expected. The University of Michigan's final March reading on the overall index on consumer sentiment came in at 93, topping both the preliminary read of 91.2 as well as the median forecast of …

  • Ford CEO Fields received $18.6 million in 2014 compensation Reuters - 21 hours ago

    By Bernie Woodall DETROIT (Reuters) - Ford Motor Co Chief Executive Officer Mark Fields made $18.6 million in salary and other compensation last year, below the $23.2 million that predecessor Alan Mulally …

    Mark Fields, CEO of Ford Motor Co., speaks at his company's keynote at the International Consumer Electronics show (CES) in Las Vegas

    By Bernie Woodall DETROIT (Reuters) - Ford Motor Co Chief Executive Officer Mark Fields made $18.6 million in salary and other compensation last year, below the $23.2 million that predecessor Alan Mulally received in 2013, the company said on Friday. Last year's compensation for Fields, 54, was for half the year as CEO …

  • China to let mutual funds buy Hong Kong shares via 'connector': regulator Reuters - Fri, 27 Mar, 2015 6:46 AM EDT

    China's securities regulator said on Friday it would let mainland mutual funds invest in Hong Kong shares via the Shanghai-Hong Kong Stock Connect. Up until now, Chinese mutual funds have been able to …

    The Hong Kong skyline is seen from the Peak

    China's securities regulator said on Friday it would let mainland mutual funds invest in Hong Kong shares via the Shanghai-Hong Kong Stock Connect. Up until now, Chinese mutual funds have been able to invest in overseas markets only through the Qualified Domestic Institutional Investor (QDII) program, which requires regulatory …

  • French consumers more confident, PM upbeat on growth Reuters - Fri, 27 Mar, 2015 5:42 AM EDT

    By Ingrid Melander and Andrew Callus PARIS (Reuters) - France will achieve solid growth faster than expected, Prime Minister Manuel Valls said on Friday, as data showed households more optimistic than …

    French Prime Minister Manuel Valls walks from the Elysee Palace to the Interior Ministry to attend a crisis meeting about the air crash in Paris

    By Ingrid Melander and Andrew Callus PARIS (Reuters) - France will achieve solid growth faster than expected, Prime Minister Manuel Valls said on Friday, as data showed households more optimistic than they have been in four and a half years. Speaking two days ahead of local elections where his unpopular Socialist party …

  • After deep soul-searching in wake of millions of recalls, Toyota says it's ready to roll again The Canadian Press - Thu, 26 Mar, 2015 1:44 PM EDT

    TOYOTA, Japan - After extended introspection at the world's biggest automaker, Toyota says it has put its massive recalls behind it and is preparing to re-engage its growth engine once again.

    After deep soul-searching in wake of millions of recalls, Toyota says it's ready to roll again

    TOYOTA, Japan - After extended introspection at the world's biggest automaker, Toyota says it has put its massive recalls behind it and is preparing to re-engage its growth engine once again.

  • Greece prepares reforms, eyes deal with euro zone next week Reuters - Thu, 26 Mar, 2015 1:14 PM EDT

    Greece will present measures to boost tax revenues and encourage investors as part of a reforms list aimed at reaching a deal with lenders early next week to unlock aid, the government said on Thursday. …

    Greek national flags are displayed for sale at the entrance of a one Euro shop in Athens

    Greece will present measures to boost tax revenues and encourage investors as part of a reforms list aimed at reaching a deal with lenders early next week to unlock aid, the government said on Thursday. After talks with EU leaders including German Chancellor Angela Merkel in the past week, Athens said it would present …

  • Leaked Pacific trade pact draft shows investment carve-outs sought Reuters - Thu, 26 Mar, 2015 11:08 AM EDT

    Australia's medicine subsidies, Canadian films and culture, and capital controls in Chile would be carved out from investment protection rules being negotiated in a Pacific trade pact, according to a draft …

    Australia's Trade Minister Robb speaks at a news conference at the end of the Trans Pacific Partnership TPP in Sydney

    Australia's medicine subsidies, Canadian films and culture, and capital controls in Chile would be carved out from investment protection rules being negotiated in a Pacific trade pact, according to a draft text released by Wikileaks on Wednesday. An investment chapter, dated Jan. 20, from the 12-nation Trans-Pacific Partnership …