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Markets lackluster in run-up to Fed minutes

Written By Unknown on Kamis, 21 November 2013 | 00.32

AMSTERDAM — Markets were trading in fairly narrow ranges Wednesday ahead of the publication of the minutes to the most recent policy meeting of the U.S. Federal Reserve. Though tame U.S. inflation figures Wednesday may mean the Fed will feel less pressure...
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Frederick Sanger, double Nobel winner, dies at 95

LONDON — British biochemist Frederick Sanger, who twice won the Nobel Prize in chemistry and was a pioneer of genome sequencing, has died at the age of 95. His death was confirmed Wednesday by the MRC Laboratory of Molecular Biology — which Sanger helped...
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Turmoil at climate talks as blame game heats up

WARSAW, Poland — An old rift between rich and poor has reopened in U.N. climate talks as developing countries look for ways to make developed countries accept responsibility for global warming — and pay for it. With two days left, there was commotion...
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Stocks edge higher after retail spending increases

NEW YORK  — Stocks are higher on Wall Street as investors react to a surprisingly big increase in U.S. retail sales last month and quarterly results from J.C. Penney and other retailers. Investors were also waiting for minutes from the Federal...
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US retail sales rise solid 0.4 percent in October

WASHINGTON — Consumers shrugged off the 16-day partial government shutdown and spent more on autos, clothing and furniture in October, boosting U.S. retail sales by the most in four months. Sales rose 0.4 percent, up from a flat reading in September,...
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US consumer prices drop 0.1 pct. on cheaper gas

WASHINGTON — Cheaper gasoline lowered overall U.S. consumer prices slightly in October. But outside the steep drop at the pump, inflation stayed mild. The consumer price index fell 0.1 percent last month, down from a 0.2 percent increase in September,...
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German official cautions over more ECB stimulus

FRANKFURT, Germany — Germany's top central banker said it's too soon for the European Central Bank to talk about a further shot of stimulus for the struggling eurozone economy. Jens Weidmann said the ECB only this month loosened monetary policy with...
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US creates economic advisory team for Puerto Rico

SAN JUAN, Puerto Rico — The U.S. is sending a team of federal officials to help Puerto Rico manage an economic crisis as the island braces for its eighth year of recession. A U.S. administration official said Wednesday that the team will be composed...
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In Philly newspaper spat, efforts to broker a deal

PHILADELPHIA — A judge says co-owners fighting over control of The Philadelphia Inquirer and Philadelphia Daily News are trying to broker a deal. Common Pleas Judge Patricia McInerney said Wednesday that lawyers for George Norcross and Lewis Katz were...
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Lowe's 3Q results rise, lifts fiscal 2013 outlook

MOORESVILE, N.C. — Lowe's third-quarter net income increased 26 percent and the home-improvement retailer raised its outlook for the year as it gets a lift from the housing market's ongoing recovery. But its third quarter earnings and the new earnings...
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