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federal-reserve

U.S. approves Charter’s Time Warner Cable buy with conditions

April 26, 2016 by · Leave a Comment 

The U.S. Justice Department on Monday gave antitrust approval to Charter Communications Inc's proposed purchase of Time Warner Cable Inc and Bright House networks, which would create the second-largest U.S. broadband provider and third-largest video provider. The Justice Department's approval carried conditions designed to protect competition, coming at a time when the pay television industry faces stagnation due to new competition from over…

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U.S. approves Charter’s Time Warner Cable buy with conditions

federal-reserve

U.S. workforce growth may give Fed one more reason to go slow on rates

April 26, 2016 by · Leave a Comment 

By Jason Lange RALEIGH, N.C. (Reuters) – Americans with a high school education or less are returning to the labor force in larger numbers, a trend that points to a broadening of economic growth, but could also keep wage growth subdued and stay the Federal Reserve's hand in its hiking cycle. The Federal Reserve meets this week and is expected

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U.S. workforce growth may give Fed one more reason to go slow on rates

federal-reserve

Fed seen holding rates this week with hike still on horizon

April 24, 2016 by · Leave a Comment 

By Jonathan Spicer and Ann Saphir NEW YORK/SAN FRANCISCO (Reuters) – U.S. Federal Reserve policymakers are expected to hold interest rates steady when they meet this week, but may tweak their description of the economic outlook to reflect more benign conditions, leaving the path open for future rate rises. The Fed raised its policy interest rate last December for the first time in a decade when market volatility finally subsided in the wake of a scare over China's economy. Similarly early …

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Fed seen holding rates this week with hike still on horizon

federal-reserve

Two Fed bank presidents backed rate hike ahead of last meeting

April 12, 2016 by · Leave a Comment 

The heads of two regional Federal Reserve banks supported a rate hike ahead of the Fed's March meeting as an improving economy added to sentiment to tighten monetary policy. The heads of the Richmond and Kansas City Fed branches supported a quarter point hike in the main lending rates for banks “in light of continued improvements in labor market conditions and expectations that inflation would rise,” according to …

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Two Fed bank presidents backed rate hike ahead of last meeting

federal-reserve

France fines Google over ‘right to be forgotten’

March 24, 2016 by · Leave a Comment 

By Julia Fioretti BRUSSELS (Reuters) – The French data protection authority said it has fined Google 100,000 euros ($111,720) for not scrubbing web search results widely enough in response to a European privacy ruling. The only way for Google to uphold the privacy ruling was by delisting results popping up under name searches and linking them instead to outdated information across all its websites, the Commission Nationale de l'Informatique et des…

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France fines Google over ‘right to be forgotten’

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U.S. judge sets April 21 deadline for VW diesel fix

March 24, 2016 by · Leave a Comment 

By Alexandria Sage SAN FRANCISCO (Reuters) – A federal judge on Thursday gave Volkswagen AG and U.S. regulators until April 21 to agree on a fix for the nearly 600,000 diesel vehicles on U.S. roadways caught up in VW's massive emissions cheating scandal. U.S. District Judge Charles Breyer had earlier set a March 24 deadline for Europe's biggest automaker to explain where it stood on remediation efforts, after months of talks with the …

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U.S. judge sets April 21 deadline for VW diesel fix

federal-reserve

U.S. manufacturing still weak; labor market flexes muscle

March 24, 2016 by · Leave a Comment 

New orders for long-lasting U.S. manufactured goods fell in February as the sector continued to struggle with the lingering effects of a robust dollar and lower oil prices. While other data on Thursday showed an increase …

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U.S. manufacturing still weak; labor market flexes muscle

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Ex-Goldman Sachs employee spared jail over New York Fed leaks

March 23, 2016 by · Leave a Comment 

A former Goldman Sachs Group Inc associate who admitted to illegally obtaining confidential documents from a friend at the Federal Reserve Bank of New York was handed a fine on Tuesday but…

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Ex-Goldman Sachs employee spared jail over New York Fed leaks

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Fed approves Goldman acquisition of GE Capital’s U.S. online deposits

March 21, 2016 by · Leave a Comment 

The deal, which was approved by the Federal Reserve, had been pending since August 2015. Goldman would control around $95 billion in deposits through its GS Bank unit following the acquisition, according to a statement from the Federal Reserve.

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Fed approves Goldman acquisition of GE Capital’s U.S. online deposits

federal-reserve

Fed holds steady, eyes two rate hikes this year

March 17, 2016 by · Leave a Comment 

The Federal Reserve held interest rates steady on Wednesday and indicated that moderate U.S. economic growth and “strong job gains” would allow it to tighten policy this year, with fresh projections showing policymakers expected two quarter-point hikes by the year's end, half the number seen in December. Inflation picked up in recent months,” the Fed said in a …

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Fed holds steady, eyes two rate hikes this year

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