UNITED STATES

U.S. to appeal WTO ruling against meat labels

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The United States said on Friday it would appeal a World Trade Organization ruling against a law requiring country-of-origin labels on all meat sold in grocery stores, a move that disappointed Canada and Mexico, both of which want the law changed.
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Web address controversy deepens after U.S. warning

A controversial attempt to expand Internet addresses far beyond the likes of .com, .org or .net has provoked a rare threat from the U.S. government to withdraw a key license from the body that runs the Internet's core functions.
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SEC takes Wells Fargo to court to enforce subpoenas

U.S. securities regulators accused Wells Fargo & Co on Friday of repeatedly ignoring its subpoenas for documents in connection with a probe into the bank's $60 billion sale of mortgage-backed securities.
Ben Bernanke

TIPS Yields Negative, A Record Low, On Inflation View, Fed Action

Yields on 10-year inflation-linked Treasury bonds fell into negative territory Thursday -- only the second time that has happened -- ona flight to quality in U.S. notes, a belief that inflation will begin rising and the seemingly heady effect of the Federal Reserve's Operation Twist.
Ben Bernanke

This Week’s Economic Events: Bevy Of Fed Speakers

This week - March 26 to 30 - will highlight Wednesday's durable goods report and a busy policy calendar, including the core of the Federal Open Market Committee: Chairman Ben Bernanke and New York Fed President William Dudley. Wall Street will be closely monitoring the Fed officials' speeches, hoping to find clues of their latest views on the economic, inflation and policy outlooks.
A pedestrian walks past the NASDAQ building in New York City

Weak US Home Sales Add To Recent Downbeat Data: Daily Markets Wrap

A surprisingly weak U.S. new-home sales report Friday exposed the vulnerability of the nation's economic recovery and renewed hopes -- or fears, depending on one's views -- that the Federal Reserve will expand its balance sheet for a third time by purchasing more bonds.
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Fed's Lockhart:Despite risks, economy looks firmer

The economic recovery is gaining momentum, though there are risks to the outlook including a weak job market and soft consumption, Atlanta Federal Reserve Bank President Dennis Lockhart said on Friday.
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New home sales slip, prices at 8-month high

New single-family home sales fell in February while prices jumped to their highest level in eight months, according to a government report on Friday that was the latest to paint a mixed picture of the housing market.

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