New York Times Highlights News
Top News
Fed Chief Signals He’s Open to More Rate Cuts
By EDMUND L. ANDREWS and DAVID STOUT
Ben S. Bernanke acknowledged that the central bank faces increasingly contradictory pressures of slowing growth and rising consumer prices.
BUSINESS
Regulator to Lift Caps on Fannie and Freddie
By VIKAS BAJAJ
In a move that could help the housing market, a federal regulator said that it was removing limits on the investment portfolios of Fannie Mae and Freddie Mac, the two large buyers of mortgages.
New-Home Sales and Prices Continue to Drop
By MICHAEL M. GRYNBAUM
Sharply lower prices failed to perk up sales of new homes in January, a government report showed, as a closely watched index fell to its lowest point in 13 years.
Dollar Weakens to $1.50 to the Euro
By CARTER DOUGHERTY
The dollar breached the level of $1.50 to the euro on Wednesday for the first time as fears of weakness in the U.S. economy mixed with evidence of resilience in Europe.
Aetna to Still Pay for Colonoscopy Drug
By BARNABY J. FEDER
Bowing to critics, Aetna said it has suspended a plan to stop paying for routine use of a powerful anesthetic in a procedure to screen for colon cancer.
Senator Queries F.D.A. and Disk Maker
By REED ABELSON
A ranking member of the Senate Finance Committee, Charles E. Grassley, has asked about potential financial conflicts among doctors involved in the clinical research that led to F.D.A. approval of the device.
To read those highlight news, follow this
link: http://www.nytimes.com/afternoonupdate
• More Business News
Fed Chief Signals He’s Open to More Rate Cuts
By EDMUND L. ANDREWS and DAVID STOUT
Ben S. Bernanke acknowledged that the central bank faces increasingly contradictory pressures of slowing growth and rising consumer prices.
BUSINESS
Regulator to Lift Caps on Fannie and Freddie
By VIKAS BAJAJ
In a move that could help the housing market, a federal regulator said that it was removing limits on the investment portfolios of Fannie Mae and Freddie Mac, the two large buyers of mortgages.
New-Home Sales and Prices Continue to Drop
By MICHAEL M. GRYNBAUM
Sharply lower prices failed to perk up sales of new homes in January, a government report showed, as a closely watched index fell to its lowest point in 13 years.
Dollar Weakens to $1.50 to the Euro
By CARTER DOUGHERTY
The dollar breached the level of $1.50 to the euro on Wednesday for the first time as fears of weakness in the U.S. economy mixed with evidence of resilience in Europe.
Aetna to Still Pay for Colonoscopy Drug
By BARNABY J. FEDER
Bowing to critics, Aetna said it has suspended a plan to stop paying for routine use of a powerful anesthetic in a procedure to screen for colon cancer.
Senator Queries F.D.A. and Disk Maker
By REED ABELSON
A ranking member of the Senate Finance Committee, Charles E. Grassley, has asked about potential financial conflicts among doctors involved in the clinical research that led to F.D.A. approval of the device.
To read those highlight news, follow this
link: http://www.nytimes.com/afternoonupdate
• More Business News
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