Fed’s Dudley: Bad fiscal policy threat to central bank independence
MEXICO CITY (Reuters) – Unconventional monetary policy poses a small risk to central bank independence but a far larger threat comes from fiscal authorities if they insist on policies that harm the economy, a senior U.S. Federal Reserve official said o…
SEC chief concerned about information overload for investors
NATIONAL HARBOR, Maryland (Reuters) – U.S. regulators should review the federal rules governing how public companies disclose financial data to ensure investors don’t suffer from “information overload,” the top U.S. securities regulator said on Tuesday…
Fed better prepared now than in 2011 for possible U.S. default: Fisher
NEW YORK (Reuters) – The Federal Reserve is better prepared for a possible U.S. government default now than the last debt-ceiling scare in 2011, a top central banker said on Tuesday.
Senators hopeful fiscal deal could pass on Wednesday
WASHINGTON (Reuters) – Senators expressed hope that a bipartisan deal could emerge on Tuesday to end Washington’s fiscal crisis even as Republicans in the House of Representatives said they were working on a separate plan.
U.S. Treasury bill rates fall on signs of possible budget deal
NEW YORK (Reuters) – Interest rates on U.S. Treasury bills fell on Tuesday on reduced jitters over a possible U.S. default as there were hints of a possible fiscal agreement that would reopen the government after it was partially shut for the first tim…
New York factory growth slows in October to weakest since May: NY Fed
NEW YORK (Reuters) – The pace of growth in New York state’s manufacturing sector slipped this month to its slowest since May, but business optimism stayed strong, a report from the New York Federal Reserve showed on Tuesday.
Rodale names former Dow Jones & Co executive as its president
NEW YORK (Reuters) – Publishing and lifestyle company Rodale Inc has tapped former Dow Jones & Co executive Scott Schulman as its president, effective October 28.
NYSE Euronext CFO, general counsel to leave after ICE merger
(Reuters) – NYSE Euronext said Chief Financial Officer Michael Geltzeiler and General Counsel John Halvey will leave the company shortly after its sale to IntercontinentalExchange Inc .
Burberry names Bailey CEO as Ahrendts quits for Apple
LONDON (Reuters) – Burberry boss Angela Ahrendts, who has overseen a doubling in sales and a 250-percent jump in the shares of the British fashion brand, will leave to take up a job at Apple next year and hand over to creative director Christopher Bail…
Burberry names Bailey CEO as Ahrendts quits for Apple
LONDON (Reuters) – Burberry boss Angela Ahrendts, who has overseen a doubling in sales and a 250-percent jump in the shares of the British fashion brand, will leave to take up a job at Apple next year and hand over to creative director Christopher Bail…