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White House Government Agencies

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  • Hotels should also be required to include any mandatory fees in their room rates, the Transportation Department's Advisory Committee for Aviation Consumer Protections recommended. The panel's recommendation on hotels was directed to the Federal Trade Commission, which has been investigating such so called drip pricing. The Transportation Department...

  • Sept 1- The U.S. Food and Drug Administration issued warning letters to five distributors of pure powdered caffeine, its latest step in curtailing ingestion of the stimulant in its pure form.

  • WASHINGTON, Sept 1- A multimedia, multi-state advertising blitz from industry groups opposing new national ozone standards reached Pennsylvania on Tuesday, part of their last-ditch attempt to scuttle the Obama administration's plans to issue new rules governing ground-level smog by Oct. 1. The U.S. Environmental Protection Agency sent its...

  • CARSON CITY, Nev.— Republican presidential hopeful Marco Rubio says the U.S. doesn't need a federal Education Department, arguing that its recommendations to state and local governments often turn into mandates tied to money. The Florida senator made the comments Tuesday during a town hall meeting in Carson City. Democrats pointed out that Rubio's expensive...

  • MANILA, Sept 1- Gold edged higher on Tuesday as the dollar weakened, but expectations the Federal Reserve could go ahead with an interest rate increase this month kept gains in check. Bullion ended August 3.5- percent higher as worries over China's slowing economy sparked safe-haven bids that proved fleeting as the metal has come off a seven-week top.

  • Aug 31- Wall Street ended lower on Monday and wrapped up its worst month since 2012 after a senior Federal Reserve official heightened fears among investors of a potential U.S. interest hike in September. Fed Vice Chairman Stanley Fischer on Saturday said U.S. inflation would likely rebound as pressure from the dollar fades, allowing the Fed to raise interest...

  • NEW YORK, Aug 31- Longer-dated U.S. Treasuries prices fell on Monday after lower U.S. oil production and OPEC's readiness to talk with other producers heightened inflation fears, while weekend comments from the Federal Reserve vice chair hurt shorter-dated prices. "Treasuries become very sensitive at some point to the price of energy," said Robbert van...

  • NEW YORK, Aug 31- Wall Street ended lower on Monday after a senior Federal Reserve official added to fears among investors of a U.S. interest hike in September. The S&P 500 registered its biggest monthly percentage drop since May 2012. Based on the latest available data, the Dow Jones industrial average fell 114.98 points on the day, or 0.69 percent, to 16,528.03, the...

  • *Gold eyes strongest monthly gain since January. NEW YORK/ LONDON, Aug 31- Gold steadied on Monday, bouncing up from session lows as oil prices rallied and the U.S. dollar fell, after bullion felt earlier pressure on indications the Federal Reserve may still raise interest rates this year, despite recent market turmoil. "It was oil that sparked the short-covering,"...

  • *China worries, Fed outlook spook investors. NEW YORK, Aug 31- World stock indexes fell on Monday amid persistent investor concerns about slowing growth in China and the prospect of higher U.S. interest rates, while oil prices rallied. Fed Vice Chairman Stanley Fischer said in a speech at the annual Jackson Hole, Wyoming, central bankers' symposium that U.S....

  • Aug 31- Wall Street was lower on Monday afternoon as investors worried that the Federal Reserve may start raising interest rates in September, although a rally in oil boosted energy stocks. The market was poised for its worst monthly drop over three years after being pummeled in the past two weeks due to worries about the health of China's economy and the timing...

  • NEW YORK, Aug 31- Religious leaders in Puerto Rico called on Monday for the island's government and its lenders to avoid austerity measures and for the Federal Reserve to step in with assistance. Puerto Rico is working to restructure $72 billion in debt, and is considering reducing expenses through measures such as cuts to healthcare and consolidating and...

  • AUGUSTA, Maine— Maine Governor Paul LePage and other state officials are opposing proposed changes to federal labor rules on the grounds that the rules will negatively impact employment and small businesses. The federal Department of Labor is taking public comments on proposed changes to the federal Fair Labor Standards Act until Friday.

  • Correction: The Month Ahead story Monday, 31 Aug 2015 | 12:33 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Labor Department releases second-quarter productivity data, 8:30 a.m.; Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • Correction: The Week Ahead story Monday, 31 Aug 2015 | 12:11 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Labor Department releases second-quarter productivity data, 8:30 a.m.; Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • Aug 31- U.S. stocks were poised for their worst monthly drop in more than three years on worries about the health of China's economy and the timing of a U.S. interest rate hike. All three major indexes slipped more than 1 percent on Monday after weekend comments from Federal Reserve Vice Chairman Stanley Fischer appeared to keep the door open for a rate hike in...

  • Asian shares fall on bleak China manufacturing data Monday, 31 Aug 2015 | 11:24 AM ET

    Fears about a slowdown in China's economy and concerns about when the Federal Reserve will raise interest rates pushed stocks sharply lower this month. The move, an effort to boost China's economy, seemed to have the opposite effect. Global investors interpreted the decision as a sign that China's economy, the second-largest in the world, was growing more...

  • *China worries, Fed outlook spook investors. NEW YORK, Aug 31- World stock indexes fell while oil prices dropped on Monday amid persistent investor concerns about slowing growth in China and the prospect of higher U.S. interest rates. Fed Vice Chairman Stanley Fischer said in a speech at the annual Jackson Hole, Wyoming, central bankers' symposium that U.S....

  • Aug 31- Wall Street opened the week in the red after comments from Federal Reserve Vice Chairman Stanley Fischer over the weekend appeared to keep the door open for a rate hike in September. U.S. inflation will likely rebound as pressure from the dollar fades, allowing the Fed to raise interest rates gradually, Fischer said at the global central banking...

  • Aug 31- U.S. stocks opened lower on Monday after weekend comments from Federal Reserve Vice Chairman Stanley Fischer appeared to keep the possibility of a September rate hike alive.