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Daily Record - 3 minutes ago
WASHINGTON (AP) — Unemployment likely will remain high for the next several years because the economic recovery won't be strong enough to spur robust hiring, Federal Reserve officials warned Tuesday.
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Bloomberg - 4 minutes ago
Nov. 10 (Bloomberg) -- Federal Reserve Bank of San Francisco President Janet Yellen said monetary policy needs to be kept accommodative to encourage job growth and keep inflation from declining further.
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The Politico - 4 minutes ago
The 1,136 page bill proposes banking super regulator, major crack down on banks.
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Bloomberg - 6 minutes ago
Nov. 10 (Bloomberg) -- Goldman Sachs Group Inc ., the fifth- biggest U.S. bank by assets, is easier to manage than larger rivals, Chief Executive Officer Lloyd Blankfein said.
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KING5 Seattle - 9 minutes ago
WASHINGTON (AP) — Senate Banking Committee Chairman Christopher Dodd is circulating legislation that would give the government sweeping new powers to prevent another economic collapse, including the ability to dismantle failing institutions and increased oversight of lenders to consumers.
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Bloomberg - 9 minutes ago
Nov. 10 (Bloomberg) -- Crude oil rose above $80 a barrel in New York as U.S. equities rebounded, bolstering confidence that fuel demand will recover next year in the world’s biggest energy-consuming country.
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Reuters via Yahoo! News - 11 minutes ago
The U.S. economy has entered a recovery and policymakers should now focus on ensuring it is a durable one, a top Federal Reserve official said on Tuesday.
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Nasdaq - 15 minutes ago
WASHINGTON -(Dow Jones)- U.S. Sen. Christopher Dodd introduced a wide-ranging financial regulatory overhaul measure Tuesday, seeking more ambitious changes in some areas than the regime envisioned by the White House or his counterparts in the House of Representatives.
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Bloomberg - 17 minutes ago
Nov. 10 (Bloomberg) -- Treasury 10-year notes rose for a third day as stocks fluctuated and the government prepared to sell a record $25 billion of the securities.
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Richmond Times-Dispatch - 19 minutes ago
WASHINGTON—Unemployment likely will remain high for the next several years because the economic recovery won’t be strong enough to spur robust hiring, Federal Reserve officials warned today. The cautionary note struck by the presidents of regional Fed banks in San Francisco and Atlanta were the first public remarks of Fed officials since the government reported last week that the nation’s ...
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Guru Focus - 19 minutes ago
By Greenbackd. Warren Buffett's position on gold is well known, if a little difficult to fathom. This is from Buffett's appearance on CNBC's Squawk Box on March 9, 2009, but could have been taken from any of his commentary over the last fifty years: Read more » »
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INO News - 20 minutes ago
(RTTNews) - Stocks are seeing modest gains in mid-morning trading on Tuesday, as government commitment to accommodative policies continues to reassure traders of a stabilizing economy. The major averages are all in positive territory, attempting to build on yesterday's strong gains.
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San Francisco Chronicle - 21 minutes ago
Unemployment likely will remain high for the next several years because the economic recovery won't be strong enough to spur robust hiring, Federal Reserve officials warned Tuesday. The cautionary note struck by the presidents of regional Fed banks in San... Federal Reserve System - Economic - Government - Central bank - Finance
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The Star-Ledger - 23 minutes ago
Unemployment is likely to remain high for the next several years because the economic recovery won't be strong enough to spur robust hiring, according to Federal Reserve officials. The cautionary note struck by the presidents of regional Fed banks in San Francisco and Atlanta were the first public remarks of Fed officials since the government reported last week that the nation's jobless rate ...
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AFP via Yahoo! News - 25 minutes ago
US unemployment, now in the double digits, may remain "high" for several years and dampen economy recovery from a brutal recession, a regional central bank official warned Tuesday.