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ECB's Trichet Says Exit From Unconventional Policy To Be Gradual
(RTTNews) - European Central Bank President Jean-Claude Trichet said on Thursday that the central bank will unwind its unconventional monetary policy in a timely and gradual manner.
"We ...
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Top story » Forex: Senate Democrats Fault GOP For Failing To Advance Alternative Health Reforms 11/20/09 03:30 pm
(RTTNews) - In advance of a crucial vote Saturday, leading Senate Democrats criticized their Republican opponents for seeking to stop health reform efforts without advancing an alternative.
The Senate will vote ...
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Forex: Major Powers To Weigh Sanctions, Iran Dismisses Threats 11/20/09 03:37 am
(RTTNews) - Major world powers are to meet Friday in Brussels to discuss Iran's partial rejection of a U.N.-brokered nuclear fuel deal, a top European Union (E.U.) official said, close on the heels of a warning of "cons...
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Forex: Belgian Prime Minister Herman Van Rompuy Named First EU President 11/19/09 05:20 pm
(RTTNews) - European leaders attending a summit in Brussels on Thursday named Belgian Prime Minister Herman van Rompuy as the first permanent president of the European Commission, a post created by the recently adopted ...
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Forex: Fed's Fisher: "Too-Big-To-Fail" Must Be Addressed 11/19/09 04:50 pm
(RTTNews) - Dallas Federal Reserve President Richard Fisher said Thursday that full global financial stability would not be achieved until the issue of "too-big-to-fail" is addressed.
Speaking at the conclusion ...
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Forex: Reid And McConnell Engage In War Of Words Over Health Care Reform 11/19/09 03:47 pm
(RTTNews) - One day after Senate Majority Leader Harry Reid's, D-Nev., $848 billion health care reform plan was made public, the war of words between Democrats and Republicans over the bill continued.
The 2,074-...
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Forex: Senate Homeland Security Committee Launches Ft. Hood Attack Investigation 11/19/09 03:42 pm
(RTTNews) - The Senate Homeland Security and Governmental Affairs Committee Thursday launched an investigation into the recent massacre at Fort Hood.
Sen. Joe Lieberman, I-Conn., the chairman of the committee, s...
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Forex: Geithner: More Work To Be Done To Build Strong Financial System 11/19/09 11:21 am
(RTTNews) - Treasury Secretary Timothy Geithner said Thursday that the U.S. has a long way to go to ensure a full economic recovery and guarantee that last year's financial collapse will not happen again in the future.<...
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Forex: Philly Fed Index Shows Much Bigger Than Expected Increase In November 11/19/09 11:12 am
(RTTNews) - Activity in the mid-Atlantic region's manufacturing sector is picking up in November, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday, with the index of activity in the...
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Forex: Leading Indicators Index Increases For Seventh Straight Month In October 11/19/09 10:30 am
(RTTNews) - While the Conference Board released a report on Thursday showing a continued increase in its leading economic indicators index in the month of October, the increase by the index was slightly smaller than eco...
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Forex: Fed's Plosser: Dollar's Slide Expected 11/19/09 09:50 am
(RTTNews) - Philadelphia Federal Reserve president Charles Plosser told reporters Thursday that he was not surprised by the dollar's decline, and said that its weak state is a reversal of the run-up after last year's ec...
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Forex: New Jobless Claims Come In Unchanged, Remain Above 500,000 11/19/09 09:18 am
(RTTNews) - Thursday morning, the Labor Department released its report on first-time claims for unemployment benefits in the week ended November 14th, showing that initial jobless claims came in unchanged.
The r...
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Forex: Obama Winds Up Asia Tour Urging North Korea To Return To Nuclear Talks 11/19/09 07:45 am
(RTTNews) - In a clear message to North Korea that the door is still open for resolving the dispute over its nuclear program, United States and South Korea urged Pyongyang to return to international nuclear negotiations...
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Forex: Kerry Calls On World Bank To Address Climate Change 11/18/09 03:56 pm
(RTTNews) - Sen. John Kerry, D-Mass., Wednesday called on the World Bank to do more to address global warming and climate change in the development projects it funds.
Kerry, speaking at the Bank's Washington, D....
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Forex: Panel Recommendation To Reduce Mammograms Sparks Controversy 11/18/09 02:19 pm
(RTTNews) - A federal health panel's recommendations to reduce the number of mammograms performed on women over 40 sparked controversy in Washington on Wednesday.
The U.S. Preventive Services Task Force recently...
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Forex: Kanjorski Seeks To End "Too Big To Fail" Financial Firms 11/18/09 01:46 pm
(RTTNews) - Rep. Paul Kanjorski, D-Penn., Wednesday unveiled an amendment to financial regulation reform legislation before the House Financial Services Committee aimed at ending the problem of firms that have become "t...
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Forex: Holder Defends Decision To Hold Civilian Trials For 9/11 Suspects In U.S. 11/18/09 12:15 pm
(RTTNews) - Attorney General Eric Holder testified before the Senate Judiciary Committee Wednesday, defending his decision to allow five September 11th terrorist suspects, including alleged mastermind Khalid Sheikh Moha...
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Forex: Senator Byrd Becomes Longest-Serving Member Of Congress In History 11/18/09 12:09 pm
(RTTNews) - On Wednesday, Senator Robert Byrd, D-W.V., became the longest-serving member of Congress in history.
Wednesday marked Byrd's 20,774th day as a member of Congress, surpassing Carl Hayden, who had serv...
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Forex: Fed's Bullard: Interest Rates Might Remain Low For The Next Few Years 11/18/09 10:19 am
(RTTNews) - St. Louis Federal Reserve President James Bullard indicated Wednesday that the Federal Reserve may not raise interest rates from near zero levels until 2012.
Speaking at the 2009 Commerce Bank Econom...
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Forex: Obama Concludes China Tour Strengthening Bilateral Ties 11/18/09 10:15 am
(RTTNews) - US President Barack Obama concluded his three-day China tour Wednesday after meeting Chinese Prime Minister Wen Jiabao and visiting the Great Wall. The leaders pledged to develop strategic cooperation on maj...
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Forex: Housing Starts Show Unexpected Decrease In October 11/18/09 10:09 am
(RTTNews) - While the Commerce Department released a report on Wednesday showing an unexpected decrease in housing starts, analysts have pointed out that the drop came at a time when homebuilders where still facing the ...
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