Federal Reserve Bank of San Francisco President John Williams said the central bank should avoid encouraging excessive financial risk-taking as it pursues its goals of full employment and stable prices.
DuPont Co., the maker of Pioneer genetically modified corn, reported lower-than-expected first- quarter sales and earnings after North American farmers delay preparations for planting because of severe winter weather.
Emerging-market stocks rose for a second day after diplomatic leaders reached a deal aimed at defusing the crisis in Ukraine. Russia’s ruble posted the biggest advance among the world’s major currencies.
Improved preventative care for diabetes has cut the rate of serious complications such as heart attack and stroke over the past 20 years in the U.S. while the number Americans diagnosed with the disease continues to rise, a government report found.