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White House Government Agencies

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  • ANALYSIS-Liquidity risks overhang high-yield ETFs Friday, 31 Jul 2015 | 4:14 PM ET

    NEW YORK, Aug 2- Shareholders in the AdvisorShares Peritus High Yield ETF who sold in late 2014 are probably not the last to pay up for liquidity risk, a growing hazard for some fixed-income investors bracing for the first Federal Reserve interest rate hike in nearly a decade. Fixed-income high yield ETFs have grown to $37 billion in assets, up from about $10...

  • DENVER— A Colorado credit union is hoping a federal judge will intervene to let the booming marijuana industry move its finances from cash-stuffed suitcases to the regulated banking system. Federal Reserve and the National Credit Union Administration to deny applications from Fourth Corner Credit Union. But many large banks considered the guidelines...

  • LOS ANGELES— Federal regulators have closed a case that questioned whether Southern California Edison violated government rules when it installed faulty equipment at the now-closed San Onofre nuclear power plant. The Nuclear Regulatory Commission ruling Thursday concluded the issue is no longer relevant since the coastal reactors, located between Los...

  • July 31- The U.S. Food and Drug Administration said it is investigating the latest outbreak of cyclosporiasis in the United States. The Centers for Disease Control and Prevention has been notified of about 358 confirmed cases of the infection until Thursday, the FDA said in a statement on its website. Wal-Mart Stores Inc and Kroger Co are pulling some cilantro...

  • NEW YORK/ LONDON, July 31- Gold reversed earlier losses on Friday as the dollar fell after weaker-than-expected U.S. data, but prices remained on course for their biggest monthly decline in more than two years on expectations the Federal Reserve will soon raise interest rates. "There is no wage inflation in the U.S. and that was the trigger for the sharp move in the...

  • WASHINGTON, July 31- The U.S. Environmental Protection Agency will unveil as soon as Monday the final version of a sweeping- and controversial- regulation to cut carbon emissions from the electricity sector. Among other things: The EPA is expected to push back the rule's start date by two years to 2022, according to a slide posted by the agency briefly on its...

  • The surprisingly smaller rise reported by the Labor Department on Friday did little to temper expectations that the Federal Reserve is set to raise interest rates later this year. This is precisely how the Fed will interpret this report, even if the numbers here are atrocious, "said Eric Green, chief economist at TD Securities in New York. The Employment Cost...

  • *Dollar index on track for 1.2 percent gain in July. *Upbeat core inflation data bolsters euro. NEW YORK, July 31- The dollar fell against a basket of currencies on Friday, ending a decent month on a sour note as a record-low rise in U.S. employment costs in the second quarter dialed back bets the Federal Reserve would raise interest rates later this year.

  • LONDON, July 31- Gold reversed earlier losses on Friday as the dollar fell after weaker-than-expected U.S. data, but prices remained on course for their biggest monthly decline in more than two years on expectations the Federal Reserve will soon raise rates. "There is no wage inflation in the U.S. and that was the trigger for the sharp move in the euro/dollar rate,...

  • Uncle Sam wants you! Friday, 31 Jul 2015 | 10:00 AM ET
    Uncle Sam wants you!

    The U.S. Army faces a 2015 recruiting deficit.

  • NEW YORK, July 31- As traders, market pundits and economists jaw over whether the Federal Reserve this year will lift its benchmark lending rate for the first time in almost a decade, several corners of the U.S. bond market are not waiting around. Banks, money market mutual funds and other investors do not want to be stuck with low-yielding debt when the U.S. central...

  • The unexpectedly smaller rise reported by the Labor Department on Friday will probably not dampen speculation that the Federal Reserve is set to raise interest rates later this year. The Employment Cost Index, the broadest measure of labor costs, edged up 0.2 percent, the Labor Department said. "This data has periodically proved to be very lumpy and the sharp...

  • LONDON, July 31- The dollar fell by a third of a percent against the euro on Friday, the lack of decisive new direction from numbers on the U.S. economy prompting traders to take profit on its rise since Wednesday's statement by the Federal Reserve. Another 1 percent fall in Brent crude helped drive the Norwegian crown and Australian and Canadian dollars lower...

  • Who needs the Fed? The rate hike cometh on its own Friday, 31 Jul 2015 | 8:00 AM ET

    NEW YORK, July 31- As traders, market pundits and economists jaw over whether the Federal Reserve this year will lift its benchmark lending rate for the first time in almost a decade, several corners of the U.S. bond market aren't waiting around. Banks, money market mutual funds and other investors want to avoid being stuck with low-yielding debt when the U.S....

  • COLUMBUS, Ohio— State and federal agencies have agreed on a plan for demolishing huge buildings and other facilities from a Cold War-era uranium plant in southern Ohio. "With this document in place, DOE can begin its work to secure funding and mobilize for cleanup," Ohio Environmental Protection Agency Director Craig Butler said in a statement.

  • *Gold eyes biggest monthly fall since June 2013. LONDON, July 31- Gold slipped on Friday and was on course for a sixth straight weekly fall, its longest retreat in 16 years, as the dollar remained firm after upbeat U.S. economic data encouraged bets on the Federal Reserve raising interest rates in September. "Gold is an asset that pays no interest or coupon and the rate...

  • China spying on U.S. targets Friday, 31 Jul 2015 | 6:00 AM ET
    China spying on U.S. targets

    A secret NSA map shows nearly 700 Chinese cyber attacks on U.S. economic and government targets. - NBC News Exclusive

  • LONDON, July 31- The dollar steadied near a one-week high against a basket of currencies on Friday and was on track for an almost 2 percent monthly rise, with the latest U.S. growth data supporting the case for the Federal Reserve to raise interest rates this year. "Expectations of a September rate hike were probably marginally firmed up on the growth data but it...

  • WASHINGTON, July 31- The U.S. Environmental Protection Agency will unveil as soon as Monday the final version of a sweeping- and controversial- regulation to cut carbon emissions from the electricity sector. Among other things: The EPA is expected to push back the rule's start date by two years to 2022, according to a slide posted by the agency briefly on its...

  • MADRID, July 30- Spanish bank Santander said on Thursday former U.S. banking regulator Sheila Bair had resigned from its board after being named rector of Washington College in Maryland. Bair, who ran the Federal Deposit Insurance Corporation from 2006 to 2011, was appointed to the board of the euro zone's biggest bank, which is making a big push in the United...