Bank of England mis-sends Brexit email to press The Bank of England was forced on Friday night to confirm that it was secretly researching the financial impact of a possible decision by Britain to leave the EU, after it mistakenly emailed a journalist with the details.
Source: Financial Times
| By: Ferdinando Giugliano
NSA winds down once-secret phone-records collection program WASHINGTON- The National Security Agency has begun winding down its collection and storage of American phone records after the Senate failed to agree on a path forward to change or extend the once-secret program ahead of its expiration at the end of the month. Barring an 11th hour compromise when the Senate returns to session May 31, a much-debated provision of...
Source: The Associated Press
| By: By KEN DILANIAN, AP Intelligence Writer
Hiring our nation's heroes Tom Murphy, Edge4Vets and Fordham University, and Ben Wolin, Everyday Health, have teamed up with corporate America to turn the strengths of military service into tools for success in the workforce.
TREASURIES-U.S. bond yields rise on Yellen, inflation data NEW YORK, May 22- U.S. If it continues, they will be ready to move later on this year, "said Todd Hedtke, vice president of investment management with Allianz Investment Management in Minneapolis. Fed Chair Janet Yellen, in a speech to a business group in Providence, Rhode Island, said a rate increase would be appropriate this year if the economy shows further...
| By: Richard Leong
WRAPUP 3-Firmer underlying inflation keeps Fed on rate hike path WASHINGTON, May 22- 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. "It will give the Fed greater confidence that inflation will indeed make it to its target in the next couple of years, it increases the odds of faster Fed action,"...
| By: Lucia Mutikani
US STOCKS-Wall St flat, Yellen comments in line with expectations *Yellen comments leave rate expectations unchanged on Wall Street. *Microsoft down after report of Salesforce deal talk. May 22- 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.
| By: Noel Randewich