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By Phil Flynn |
November 16, 2012
Oil prices seemed to shake off worries surrounding the increasing tensions in the Gaza strip and instead decided to focus on the weak jobless claims and the looming fiscal cliff.
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By Steve Matthews, Bloomberg |
November 15, 2012
Federal Reserve Bank of Richmond President Jeffrey Lacker said he opposes additional purchases of securities by the central bank because they will complicate an eventual exit from record stimulus and risk a surge in inflation.
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By Andrew Rummer and Nikolaj Gammeltoft, Bloomberg |
October 16, 2012
Global stocks rose the most in a month amid better-than-forecast U.S. earnings and industrial production, while the euro and Spanish bonds gained as two German lawmakers said the country is open to Spain seeking a precautionary credit line.
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By Whitney Kisling and Rita Nazareth, Bloomberg |
October 8, 2012
As third-quarter earnings season begins, the companies analysts are most bullish about are the ones whose stock prices are farthest below their highs -- banks.
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By Steve Matthews and Sara Eisen, Bloomberg |
August 31, 2012
Federal Reserve Bank of St. Louis President James Bullard said policy makers should wait for more data before deciding on “big action” to boost the economy.
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By Steve Matthews, Bloomberg |
August 23, 2012
Federal Reserve Bank of St. Louis President James Bullard said recent signs of improvement in the economy would prompt him to oppose any new program by the Fed to buy bonds to reduce borrowing costs.
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By Howard Mustoe, Bloomberg |
August 15, 2012
Standard Chartered Plc may have to pay as much as three times more than the $340 million it was fined by a New York regulator to settle all the probes by regulators into its transactions for Iranian clients.
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By Greg Farrell, Bloomberg |
August 14, 2012
A New York regulator settled a money laundering probe of Standard Chartered Plc for $340 million a day before the U.K.-based bank was to appear at a hearing to defend its right to continue operating in the state.
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By Jeff Kearns, Bloomberg |
August 3, 2012
Federal Reserve Bank of Richmond President Jeffrey Lacker said he opposed the Fed’s decision to keep the main interest rate near zero through at least late 2014 because such accommodation probably won’t be necessary.
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By Press Release |
July 19, 2012
ICE's North American credit default swap clearinghouse, was designated as a systemically important financial market utility by the Financial Stability Oversight Council.