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WASHINGTON (Reuters) - The Federal Reserve's monetary stimulus is helping the U.S. economy recover but the U.S. central bank needs to see further signs of traction before taking its foot off the gas, Fed Chairman Ben Bernanke said on Wednesday. Full Story
Top Headlines
Home sales close in on three-and-a-half year high
Wall St. at session lows after Fed minutes
Europe closes in on tax havens; Austria agrees to swap bank data
Dish uses national security ads to fight SoftBank deal
(Reuters) - Dish Network Corp has rolled out an advertising campaign suggesting a deal by a Japanese company to acquire Sprint Nextel Corp could threaten U.S. national security, hoping to sway lawmakers and win support for its rival offer. Full Story
(Reuters) - Dish Network Corp has rolled out an advertising campaign suggesting a deal by a Japanese company to acquire Sprint Nextel Corp could threaten U.S. national security, hoping to sway lawmakers and win support for its rival offer. Full Story
Delta will wait for new planes to prove themselves: CEO
(Reuters) - U.S. carrier Delta Air Lines will watch the wave of orders for the latest Airbus and Boeing planes roll on by and wait for the jets to prove themselves before ordering any, its chief executive told Reuters on Wednesday. Full Story
(Reuters) - U.S. carrier Delta Air Lines will watch the wave of orders for the latest Airbus and Boeing planes roll on by and wait for the jets to prove themselves before ordering any, its chief executive told Reuters on Wednesday. Full Story
Vatican financial body investigating possible money laundering
VATICAN CITY (Reuters) - The Vatican's new financial watchdog said on Wednesday it had detected six possible attempts to use the Holy See to launder money last year, citing this as proof of its commitment to transparency. Full Story
VATICAN CITY (Reuters) - The Vatican's new financial watchdog said on Wednesday it had detected six possible attempts to use the Holy See to launder money last year, citing this as proof of its commitment to transparency. Full Story
Monte Paschi director accused of insider trading
MILAN (Reuters) - A board member at Italy's troubled lender Monte dei Paschi di Siena <BMPS.MI> is being investigated over allegations of breaking insider trading rules and has been suspended, the bank said on Wednesday. Full Story
MILAN (Reuters) - A board member at Italy's troubled lender Monte dei Paschi di Siena <BMPS.MI> is being investigated over allegations of breaking insider trading rules and has been suspended, the bank said on Wednesday. Full Story
