U.S. economy can handle reduction in bond-buys: Fed’s Fisher
ORLANDO, Florida (Reuters) – The U.S. economy can withstand a reduction in the Federal Reserve’s stimulative asset-purchase program, even though the easy-money policies have boosted U.S. manufacturers and other companies, a top central bank official sa…
U.S. business borrowing for equipment rises 9 percent in July: ELFA
(Reuters) – U.S. companies borrowed more last month to invest in everything from industrial equipment to aircraft, the Equipment Leasing and Finance Association (ELFA) said on Thursday.
U.S. tobacco trade proposal draws fire from both sides
WASHINGTON (Reuters) – A U.S. trade proposal aimed at eliminating foreign tariffs on U.S. tobacco products while preserving the right of governments to adopt anti-smoking regulations is drawing fire from opposing sides – public health and business grou…
U.S. dealers expected $15 billion reduction in QE3 in September: survey
NEW YORK (Reuters) – Primary dealers surveyed before the Federal Reserve’s July policy meeting said they expected the U.S. central bank to trim its asset purchases by $15 billion starting in September.
Treasury Secretary Lew briefed on Nasdaq problems: official
WASHINGTON (Reuters) – Treasury Secretary Jack Lew has been briefed about the ongoing problems at Nasdaq OMX Group , which halted all trading on Thursday afternoon due to problems distributing stock price quotes, a Treasury official said.
Analysis: New tastes, nimble fashion rivals squeeze top U.S. teen chains
(Reuters) – Abercrombie & Fitch Co, Aeropostale Inc and American Eagle Outfitters Inc have fallen out of fashion with fickle U.S. teen shoppers and aren’t likely to win back their business anytime soon.
Schaeuble says Greek aid shocker was designed to bring clarity
MARIA LAACH, Germany (Reuters) – German Finance Minister Wolfgang Schaeuble said on Thursday that his blunt comments earlier in the week that Greece would need a third bailout had been aimed at reassuring people who feared the government was hiding bad…
U.S. SEC says monitoring problems with Nasdaq trading
(Reuters) – The U.S. Securities and Exchange Commission said Thursday it was closely monitoring the situation after problems distributing stock price quotes forced exchange operator Nasdaq OMX Group Inc to halt trading in all of its listed shares.
Argentina scolds LAN for stirring concerns over Buenos Aires airport
BUENOS AIRES (Reuters) – LATAM Airlines Group , the biggest carrier in Latin America, is stirring popular sentiment against Argentina, the country’s airport regulator said on Thursday, in a standoff threatening operations at a key Buenos Aires airport….
Swiss prosecutor opens probe into ex-SNB chairman Hildebrand
ZURICH (Reuters) – Switzerland’s state prosecutor opened an investigation into former Swiss National Bank (SNB) Chairman Philipp Hildebrand in connection with possible violations of secrecy laws, after receiving an undisclosed complaint.
