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U.S. markets news

Fed seen remaining patient with rate guidance amid global turmoil
WASHINGTON (Reuters) - The Federal Reserve is expected to signal it remains on track to begin raising interest rates later this year, as the central bank shows confidence that low inflation and rising risks from abroad have yet to derail the U.S.
Dollar Higher Against Yen Ahead of FOMC  Nasdaq
Fed likely to continue to signal mid-2015 rate hike  USA TODAY
Times of India  
Plan to drill for oil off East Coast, limit it in Alaska, draws heat
The Obama administration moved Tuesday to allow offshore drilling on the Atlantic Coast while protecting some, but not all, sensitive Arctic areas - actions that angered many and pleased few.
Obama floats offering first-ever drilling lease in Atlantic  Quad-Cities Online
President Seeks Oil Exploration Off East Coast  PowerSource
Singapore Joins Global Monetary Easing, Spurs Dollar Drop
(Bloomberg) -- Singapore unexpectedly eased monetary policy, sending the currency to the weakest since 2010 against the U.S. dollar as the country joined global central banks in shoring up growth amid dwindling inflation.
EM ASIA FX-Singapore dlr drives Asia FX lower as MAS move may fan regional ...  Reuters
Singapore pulls trigger in deflation fight  MarketWatch
US stocks drop as Microsoft to Caterpillar results disappoint
NEW YORK -- U.S. stocks tumbled Tuesday, with the Nasdaq 100 index falling the most since April, as a drop in durable-goods orders and disappointing results from Caterpillar to Microsoft, heightened concern about the economy's strength.
Large company outlooks worry investors  Fredericksburg.com
Asian stocks tumble after weak US corporate earnings  Post-Bulletin
US consumer confidence jumps to 7 �-year high in January
Customers shop in December at Nordstrom Rack in Schaumburg. Lower gas prices has people spending more, helping to spike the consumer confidence index.
Consumers are giddy; businesses, not so much  USA TODAY
Consumer Confidence in US Rises More Than Forecast on Jobs  Bloomberg
China's yuan breaks into the world's top five as payment currency - SWIFT
Chinese banknotes are seen at a vendor's cash box at a market in Beijing February 14, 2014. Credit: Reuters/Kim Kyung-Hoon/Files.
China's Yuan Among Top 5 Most Used Currencies In The World  International Business Times
China's yuan breaks into the world's top five as payment currency  Hindu Business Line
US new home sales jump in December
Sales of new U.S. homes accelerated strongly in December, a sign that home-buying may improve this year after a lackluster 2014. The Commerce Department said Tuesday that new home sales climbed 11.6 percent last month to a seasonally adjusted ...
New-Home Sales Hit Highest Level in Over Six Years in December  Wall Street Journal
Sales of new homes in US climb 11.6 pct.  Fox News Latino
Yahoo's Mayer saves her job with Alibaba spin
Marissa Mayer likely extended her life as Yahoo's CEO by spinning off the company's stake in Alibaba. The next challenge will be acting fast enough to fix the company's core business.
Will Yahoo's Spin of Its Alibaba Stake Satisfy Starboard?  Wall Street Journal
Alibaba spinoff likely to increase scrutiny on Yahoo CEO  Daily Item
HUD announces $1.8B in grants for homeless
TAMPA - The ambitious goal of ending chronic homelessness by next year just got its annual booster shot as the U.S. Department of Housing and Urban Development announced $1.8 billion in grants to some 8,400 local agencies that deal with ...
REGION: County will count homeless in hopes of helping  Press-Enterprise
Volunteers search out the homeless in Youngstown  WFMJ
Uber scraps commissions for its New Delhi taxis
WORKING HARD FOR NO MONEY: Uber claims it is not going to make any money in New Delhi for the time being. - Reuters. NEW DELHI: Uber, the US-based online taxi-hailing company, will not take any commission from its drivers in New Delhi until ...
'You'll be breaking the law': prospective Perth Uber drivers warned  WA today