White House Government Agencies

  • She also poured $100 million of her fortune into two unsuccessful bids for a U.S. WASHINGTON— President-elect Donald Trump is adding former wrestling executive Linda McMahon to his Cabinet as leader of the Small Business Administration. She also poured $100 million of her fortune into two unsuccessful bids for a U.S. Senate seat in Connecticut in 2010 and 2012...

  • President-elect Donald Trump plans to nominate wrestling magnate Linda McMahon as his choice to head the Small Business Administration, Trump's transition team said in a statement on Wednesday. He assembled an investor group to buy a failed California mortgage lender in 2009, rebranded it as OneWest Bank and built it into Southern California's largest...

  • President-elect Donald Trump plans to nominate wrestling magnate Linda McMahon as his choice to head the Small Business Administration, Trump's transition team said in a statement on Wednesday. He assembled an investor group to buy a failed California mortgage lender in 2009, rebranded it as OneWest Bank and built it into Southern California's largest...

  • President-elect Donald Trump plans to nominate wrestling magnate Linda McMahon as his choice to head the Small Business Administration, Trump's transition team said in a statement on Wednesday. He assembled an investor group to buy a failed California mortgage lender in 2009, rebranded it as OneWest Bank and built it into Southern California's largest...

  • NEW YORK, Dec 7- The U.S. dollar declined on Wednesday as Treasury bond yields eased and investors looked ahead to next week's Federal Reserve meeting, when the U.S. central bank is expected to raise interest rates but adopt a cautious tone on the economy. "It's a down day for the U.S. dollar broadly," said Greg Anderson, Global Head of FX Strategy at BMO Capital Markets in...

  • DALLAS— Federal authorities say nutritional supplement retailer GNC Holdings has agreed to alter its practices to avoid selling unlawful dietary products. In a statement Wednesday, the U.S. Justice Department said GNC's efforts to ensure the legality of products on its shelves are "lacking." Pittsburgh- based GNC, the world's largest dietary supplement...

  • WASHINGTON, Dec 7- GNC Holdings Inc, the largest global dietary supplement retailer, has agreed to pay $2.25 million and reform its practices in a pact to avoid federal prosecution over its alleged sale of illegal dietary supplements, the U.S. Department of Justice said on Wednesday. The non-prosecution agreement stems from allegations that GNC in 2013 sold in...

  • Pentagon buried report on reducing wasteful spending

    The Washington Post reports the Pentagon buried the findings amid worries Congress would cut defense spending.

  • LITTLE ROCK, Ark.— The Latest on a hearing into the cause of a 2014 train collision in northern Arkansas that killed two Union Pacific employees:. Union Pacific says it looks forward to examining recommendations made by the National Transportation Safety Board following a fatal train crash in northern Arkansas. The National Transportation Safety Board is...

  • Tax Audit

    If you get an IRS audit letter, the key is to remain calm and take the time to gather all your tax documentation, say financial advisors.

  • IRS warns tax refunds may be delayed

    A new law requires the agency to hold refunds until mid-February in 2017 for people claiming the EITC or the ACTC.

  • Elon Musk

    President-elect Trump's jobs adviser list is missing a key name.

  • WASHINGTON— Edward W. "Mike" Kelley Jr., who served 14 years as a member of the Federal Reserve Board and was instrumental in modernizing the banking operations of the Federal Reserve system, has died. For many years Kelley ran a Houston manufacturing and services company. In October 2005, the Houston branch building of the Federal Reserve Bank of Dallas was named in...

  • PHOENIX, Dec 5- Federal Reserve officials cautioned on Monday that the incoming Trump administration's economic plans should not be cast as if the economy is in crisis, but instead be designed to help the economy's long-run prospects. Louis Fed President James Bullard said in remarks in Phoenix at a luncheon sponsored by Arizona State University.

  • Now Hiring

    "The Plum Book," lists more than 9,000 federal civil service positions in Donald Trump's administration.

  • CHICAGO, Dec 5- Citing rising 10- year U.S. Treasury yields and his forecast for about 2.25 percent economic growth next year, Chicago Federal Reserve President Charles Evans said on Monday he expects interest rates to continue to rise as the economy improves. The yield on the benchmark 10- year Treasury note, which has risen to about 2.4 percent from below 2...

  • WASHINGTON, Dec 5- U.S. services sector activity hit a one-year high in November, with a surge in production boosting hiring, further evidence of strength in the economy that clears the way for the Federal Reserve to raise interest rates next week. Monday's bullish report from the Institute for Supply Management followed data last week showing strong job gains...

  • CHICAGO, Dec 5- Citing rising 10- year U.S. Treasury yields and his forecast for about 2.25 percent economic growth next year, Chicago Federal Reserve President Charles Evans said on Monday he expects interest rate hikes to continue to rise as the economy improves. The yield on the benchmark 10- year Treasury note, which has risen to about 2.4 percent from below 2...

  • NEW YORK, Dec 5- The Federal Reserve would likely raise interest rates quicker than currently planned were the Trump administration to stimulate the economy and boost activity next year, New York Fed President William Dudley said on CNBC on Monday.

  • CHICAGO, Dec 5- Chicago Federal Reserve Bank President Charles Evans said on Monday that while the U.S. labor market is "kind of tight," wage growth is weak and inflation is still too low, suggesting he wants the central bank to go slow on raising interest rates. Still, he said in an address to the Executives Club of Chicago, he is optimistic that conditions are ripe for...