Wall St. ends lower after Yellen comments fail to inspire

(Reuters) – U.S. stocks ended weaker on Friday after Federal Reserve Chair Janet Yellen indicated that the central bank was poised to raise interest rates this year, in line with Wall Street’s expectations.




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Wall St. ends lower after Yellen comments fail to inspire

Firmer underlying inflation keeps Fed on rate hike path

WASHINGTON (Reuters) – Rising shelter and medical care costs boosted underlying U.S. inflation pressures in April, a welcome sign for the Federal Reserve as it contemplates raising interest rates this year.




Continued here:
Firmer underlying inflation keeps Fed on rate hike path

Firmer underlying inflation keeps Fed on rate hike path

WASHINGTON (Reuters) – Rising shelter and medical care costs boosted underlying U.S. inflation pressures in April, a welcome sign for the Federal Reserve as it contemplates raising interest rates this year.




Here is the original:
Firmer underlying inflation keeps Fed on rate hike path

Firmer underlying inflation keeps Fed on rate hike path

WASHINGTON (Reuters) – Rising shelter and medical care costs boosted underlying U.S. inflation pressures in April, a welcome sign for the Federal Reserve as it contemplates raising interest rates this year.




See the original post here:
Firmer underlying inflation keeps Fed on rate hike path

Firmer underlying inflation keeps Fed on rate hike path

WASHINGTON (Reuters) – Rising shelter and medical care costs boosted underlying U.S. inflation pressures in April, a welcome sign for the Federal Reserve as it contemplates raising interest rates this year.




Here is the original:
Firmer underlying inflation keeps Fed on rate hike path

Firmer underlying inflation keeps Fed on rate hike path

WASHINGTON (Reuters) – Rising shelter and medical care costs boosted underlying U.S. inflation pressures in April, a welcome sign for the Federal Reserve as it contemplates raising interest rates this year.




See the original post:
Firmer underlying inflation keeps Fed on rate hike path

Fed on track to hike rates as economic headwinds wane: Yellen

WASHINGTON/PROVIDENCE (Reuters) – Federal Reserve Chair Janet Yellen on Friday said she expected the central bank to raise interest rates this year, as the U.S. economy was on course to bounce back from a sluggish first quarter and headwinds at home and abroad waned.

Fed on track to hike rates as economic headwinds wane: Yellen

Wall Street flat, Yellen comments in line with expectations

(Reuters) – U.S. stocks were flat on Friday after Federal Reserve Chair Janet Yellen said it would be appropriate to raise interest rates this year if the economy continues on its current path, in line with broad expectations on Wall Street.




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Wall Street flat, Yellen comments in line with expectations

Contest for Nokia’s HERE seen as a three-way race

NECKARSULM, Germany (Reuters) – The contest for Nokia’s maps business has become a three-way race between German carmakers, a consortium including Uber and Baidu, and a third group including China’s Tencent and Navinfo, people familiar with the process said.




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Contest for Nokia’s HERE seen as a three-way race

Porsche recalls 918 Spyder on cooling system risk

FRANKFURT (Reuters) – Germany’s Porsche on Friday launched a precautionary worldwide recall of its 918 Spyder sportscar, which can cost up to 850,000 euros ($937,000), saying a carbon fibre part could damage the cooling system and needed to be checked.




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Porsche recalls 918 Spyder on cooling system risk

Wall Street lower after CPI data; Yellen speech awaited

(Reuters) – U.S. stocks fell in late morning trading on Friday, retreating from recent record highs, as investors await Federal Reserve Chair Janet Yellen’s economic outlook for clues on the timing of a rate hike after new data showed a rise in inflation.




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Wall Street lower after CPI data; Yellen speech awaited

Germany, France usher Greece back to negotiating table

RIGA (Reuters) – European leaders told Greece on Friday to return to the negotiating table for “intensive work” to wrap up a reform agreement before cash runs out, sidestepping Athens’ demand for a comprehensive, long-term solution to its troubles.




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Germany, France usher Greece back to negotiating table

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