| | Yellen drives wedge between monetary policy, financial bubbles | WASHINGTON (Reuters) - Monetary policy faces "significant limitations" as a tool to counter financial stability risks, Federal Reserve Chair Janet Yellen said on Wednesday, adding that heading off the U.S. housing bubble with higher interest rates would have caused major economic damage. | | | | | | Wall Steet ends flat ahead of payrolls; S&P at record | NEW YORK (Reuters) - U.S. stocks ended one of their flattest sessions in years on Wednesday as a positive read on private sector employment wasn't enough to interest buyers ahead of the highly anticipated June payrolls report. | | | | | | Goldman says client data leaked, wants Google to delete email | NEW YORK (Reuters) - Goldman Sachs Group Inc said a contractor emailed confidential client data to a stranger's Gmail account by mistake, and the bank has asked a U.S. judge to order Google Inc to delete the email to avert a "needless and massive" breach of privacy. | | | | | | Chrysler too slow to fix Jeep fuel-tank risk, regulators say | DETROIT (Reuters) - U.S. safety regulators are demanding an explanation for what they say is Chrysler's slow pace in making fixes to protect rear fuel tanks in older model Jeep SUVs even though the regulators have accepted the automaker's remedy in the case of lower-speed crashes. | | | | | | Foreign investors shrug off Nigeria security risk: Citibank | LAGOS (Reuters) - Worsening security in Nigeria has not deterred foreign investors from buying its assets, Citigroup's country head said on Wednesday, citing $1.1 billion worth of Eurobonds it had traded for three local lenders so far this year. | | | | | | Argentina wants bond payment unfrozen if debt talks to go on | BUENOS AIRES (Reuters) - Argentina will press a U.S. judge to unfreeze a coupon payment to holders of the country's restructured debt as a condition for negotiating with 'holdout' creditors suing for full repayment, a government official said on Wednesday. | | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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