Fed must not leave rates too low: Hoenig

WASHINGTON (Reuters) – The U.S. central bank must resist popular pressure to keep interest rates too low as the economy recovers, according to a top Federal Reserve official.

Senate Democrat aims to end healthcare deadlock

WASHINGTON (Reuters) – A key U.S. Senate Democrat may seek to end a stalemate on healthcare legislation by offering a proposal next week prior to President Barack Obama’s highly anticipated address to Congress, Democratic aides said on Saturday.

Tollgrade Features Next Generation Service Assurance Solutions at Broadband World Forum in Paris, September 7- 9

wire-FirstCall/ — Tollgrade Communications, Inc. (Nasdaq: TLGD) will demonstrate its latest service assurance platform called Stratum(TM), as well as extensions to the LDU(TM) family of test nodes which provide loop testing and pre-qualification for

G20 aims at bank pay and capital; stimulus to stay

LONDON (Reuters) – G20 finance leaders on Saturday took aim at excessive bank pay and risk-taking at the root of the financial crisis and insisted trillions of dollars of emergency economic supports would be needed for some time.

Obama unveils measures to spur U.S. retirement saving

WASHINGTON (Reuters) – U.S. President Barack Obama announced new measures on Saturday to encourage Americans to save more money for retirement, a move the White House said would put the economy on a stronger footing in the future.

Fears of a Rally Too Far Pull Down Stocks

U.S. stocks slumped the most in two months last week, as financials shares were hit by concerns that banks have rallied more than their earnings prospects warrant and energy producers were dragged down by lower oil prices. Morgan Stanley lost 6.3 percent

G20 says stimulus to stay; struggles on bank pay

LONDON (Reuters) – G20 finance leaders on Saturday agreed to coordinate a removal of emergency economic packages when recovery takes firm hold but they struggled on the detail of measures to rein in bank pay and lending rules at the root of the recent crisis.