  | | | Fed mulls policy exit, eyes October end of asset purchases | | WASHINGTON (Reuters) - The Federal Reserve has begun detailing how it plans to ease the U.S. economy out of an era of loose monetary policy, indicating it will end its asset purchases in October and appearing near agreement on a plan to manage interest rates in the future, according to minutes of the last Fed policy meeting. | | |  | | | Wall Street ends higher following Fed minutes | | NEW YORK (Reuters) - Stocks rose on Wednesday, rebounding from a sharp two-day decline, after minutes from the Federal Reserve's June meeting showed the central bank has started to detail how it will end its loose monetary policy. | | | |  | | | Draghi urges euro zone states 'to be sovereign together' | | LONDON (Reuters) - European Central Bank President Mario Draghi urged euro zone states to respect their joint fiscal rules and extend their cooperation to economic reforms, telling governments they must "learn to govern together". | | | |  | | | State Street settles shareholder, employee lawsuits for $70 mln | | (Reuters) - State Street Corp has reached $70 million in settlements to end three lawsuits claiming it inflated its share price by overcharging clients on foreign exchange services and falsely representing that its investments in mortgage-backed securities were safe. | | | |  | | | Foster Farms battles insurers over definition of 'recall' | | CHICAGO (Reuters) - Foster Farms and its London insurers are facing off over the definition of "product recall" as the poultry producer seeks payment of $14.2 million in claims arising from a government-mandated shutdown of one of its plants, court documents show. | | | | |  |  | | | 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 | |
