DAI: Bernanke says costly oil no threat to U.S. economy

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	03/1/2011
Good evening Pan LATEST NEWS Bernanke says costly oil no threat to U.S. economy WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke offered a fairly upbeat assessment of the economy on Tuesday, saying the recent surge in oil prices is unlikely to have a major effect on growth or inflation as long as higher prices do not become sustained. | Full Article San Francisco Fed picks Williams to succeed Yellen March 01, 2011 03:20 PM ET WASHINGTON (Reuters) - John Williams, the San Francisco Federal Reserve Bank's head researcher whose work suggests the Fed's bond-buying has helped restore millions of jobs, will succeed Janet Yellen to lead the regional Fed bank. | Full Article U.S. February auto sales jump despite gas price spike March 01, 2011 02:28 PM ET DETROIT (Reuters) - U.S. auto sales rose more than 20 percent in February as the lure of discounts from automakers led by General Motors Co outweighed concerns about higher oil prices. | Full Article Wall Street falls as oil fuels recovery worries March 01, 2011 12:51 PM ET NEW YORK (Reuters) - Stocks dropped on Tuesday as investors worried that rising oil prices could choke off the economic recovery, with equities looking to keep taking their lead from oil prices in the near term. | Full Article SEC charges ex-Goldman director in insider case March 01, 2011 03:35 PM ET NEW YORK (Reuters) - A former Goldman Sachs Group Inc director was charged by a U.S. securities regulator with leaking details about Warren Buffett's critical $5 billion investment in the bank to Galleon Group founder Raj Rajaratnam. | Full Article US TOP NEWS House passes stopgap bill to avert shutdown March 01, 2011 04:16 PM ET WASHINGTON (Reuters) - The House of Representatives on Tuesday voted 335-91 to extend government funding for two more weeks, a move that would avert a federal shutdown but do nothing to resolve a bitter debate over the federal budget. | Full Article U.S. warns of civil war in Libya unless Gaddafi goes March 01, 2011 04:00 PM ET TRIPOLI (Reuters) - Libya could descend into civil war unless Muammar Gaddafi quits, the United States said on Tuesday, its demand for his departure intensifying pressure on the longtime leader after news of Western military preparations. | Full Article Wisconsin to unveil budget amid union battle March 01, 2011 04:04 PM ET MADISON, Wis (Reuters) - Wisconsin's governor was set to unveil a budget on Tuesday including painful cuts while Democratic lawmakers sought to block Republican efforts in three states to enact curbs on unions' power to negotiate. | Full Article Newt Gingrich to take step towards presidential bid March 01, 2011 03:32 PM ET WASHINGTON (Reuters) - Former House of Representatives Speaker Newt Gingrich is expected to take a step this week toward a run for the Republican presidential nomination in 2012, a senior Republican official said on Tuesday. | Full Article Iran forces fire teargas at protesters: pro-reform websites March 01, 2011 12:45 PM ET TEHRAN (Reuters) - Iranian security forces fired teargas and clashed with anti-government protesters demonstrating against the treatment of opposition leaders, pro-reform websites reported on Tuesday. | Full Article HEALTH NEWS Rising status of women linked to more smoking Diabetes out of control in many countries: study Program cuts cavities in low-income toddlers FDA finds no heart attack risk with HIV drug Potassium-rich diet tied to lower stroke risk RELATED VIDEO Bernanke's top worry: jobs, not oil Seeking a deal for wrongful foreclosures Ford to bring "SYNC" to Europe A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. 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 ODDLY ENOUGH Camera prettifies subjects, even adds "makeup" Full Article UK investigates fish spa pedicures on health issues High tech gadgets used to trigger medieval weapon Penis graffiti dropped from competition Top city for online flirting-dating website is.. - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend