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White House Government Agencies

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  • NEW YORK/ RICHMOND, Va., Sept 4- The latest U.S. jobs report was not definitively good or bad enough to help the Federal Reserve decide whether to raise interest rates later this month, leaving the decision hanging on volatility in financial markets over the next couple of weeks. "With this jobs report... the Fed finds itself in a real uncertainty jam when it comes to a...

  • Sept 4- Wall Street's top banks still expect the Federal Reserve to raise interest rates this year, but their conviction around a September hike has decreased notably in the last month due to volatility in global markets, according to a Reuters poll conducted on Friday. By comparison, just 7 dealers now see a rate increase coming this month, whereas 13 had expected...

  • *Caterpillar falls after broker downgrade. Sept 4- U.S. stocks were down in afternoon trading on Friday as a mixed August jobs report did little to quell investor uncertainty over whether the Federal Reserve will increase rates by mid-September. "With this jobs report, in which below-expectation job creation in August is offset by several factors- including a...

  • BOISE, Idaho— Federal nuclear officials want an eastern Idaho company to provide detailed information about how it determined a worker's level of radiation exposure after a mishap exposed the worker to an amount initially estimated to be the maximum allowable in an entire year. The Nuclear Regulatory Commission also said Friday it has issued a formal letter...

  • No incidents or injuries have been reported, the U.S. Consumer Product Safety Commission said Friday. The recall is for James Trading Group's Croker Kids Ireland hoodies. Customers can also return it to the store it was purchased for a full refund, or call the James Trading Group at 541-5004, the CPSC said.

  • NEW YORK/ RICHMOND, Va., Sept 4- The latest U.S. jobs report was not definitively good or bad enough to help the Federal Reserve decide whether to raise interest rates later this month, leaving the decision hanging on volatility in financial markets over the next couple of weeks. "With this jobs report... the Fed finds itself in a real uncertainty jam when it comes to a...

  • NEW YORK, Sept 4- Global equity markets tumbled and the dollar traded mixed on Friday after a U.S. jobs report for August kindled uncertainty over whether the Federal Reserve will raise interest rates in two weeks. The headline number of a less-than-expected increase of 173,000 in non-farm payrolls was offset by the generally strong Labor Department report.

  • *FTSE 100 down 2.1 pct. LONDON, Sept 4- Britain's top share index fell sharply on Friday, following the release of U.S. jobs data that suggested to some that a Federal Reserve interest rate hike in September is still a possibility. Britain's FTSE 100 was down 128.31 points, or 2.1 percent, at 6,065.79 by 1425 GMT, with all stocks in negative territory.

  • NEW YORK, Sept 4- The dollar stood mixed on Friday as data showing U.S. unemployment in August at its lowest since 2008 did little to clear away currency markets' uncertainties over whether the Federal Reserve will raise rates later this month. Average hourly earnings increased 8 cents, the biggest rise since January, and the workweek rose to 34.6 hours.

  • NEW YORK— A Transportation Security Administration screener has been charged with stealing a passenger's $7,000 diamond watch from a plastic bin at a Kennedy Airport security checkpoint. The Brooklyn resident was arraigned Thursday night in Queens on charges of grand larceny and official misconduct. The case was announced Friday by Queens District...

  • WASHINGTON, Sept 4- U.S. job growth slowed in August, but the unemployment rate dropped to a near 7-1/ 2- year low and wages accelerated, keeping alive prospects of a Federal Reserve interest rate hike later this month. Nonfarm payrolls increased 173,000 last month after an upwardly revised gain of 245,000 in July, the Labor Department said on Friday.

  • ANKARA, Sept 4- World financial leaders will agree to calibrate and communicate monetary policy carefully to avoid triggering capital flight, but will not call an expected Federal Reserve rate rise a risk to growth, a draft communique showed on Friday. Many emerging market economies are concerned that when the U.S. The draft indirectly also addressed the...

  • *Gold prices head for second weekly loss. LONDON, Sept 4- Gold prices fell towards a second weekly loss on Friday after U.S. payrolls data failed to allay uncertainty over the prospect of a near-term interest rate hike from the Federal Reserve. Spot gold was down 0.4 percent at $1,120.80 an ounce at 1346 GMT, while U.S. gold futures for December delivery were down...

  • Sept 4- Alexion Pharmaceuticals Inc said the U.S. Food and Drug Administration would delay by three months its decision on approving a key drug the company got through the acquisition of Synageva BioPharma Corp.. The FDA, which has granted the drug "breakthrough therapy" status for LAL deficiency in infants, was expected to make its decision by Sept. 8.

  • *Average hourly earnings increase eight cents. WASHINGTON, Sept 4- U.S. job growth rose less than expected in August, which could dim prospects of a Federal Reserve interest rate hike later this month, even as the unemployment rate dropped to a near 7-1/ 2- year low of 5.1 percent and wages accelerated. Nonfarm payrolls increased 173,000 last month as the...

  • *Delegates seeking more from China on market turmoil. Federal Reserve is coming under pressure from emerging markets not to raise rates too soon as turmoil in China threatens global growth, but the G20 will not publicly call for any delay, delegates meeting in Turkey said on Friday. Slower growth in China and rising market volatility have boosted the risks to the...

  • LONDON, Sept 4- The dollar fell on Friday while demand for the safe-haven yen picked up as stocks weakened, with traders increasingly certain that a key U.S. jobs report due later is unlikely to push the Federal Reserve to raise rates. Expectations of a rate hike by the Fed in September have waned as a slowdown in China has brought increased market volatility across...

  • *Delegates seeking more from China on market turmoil. Federal Reserve is coming under pressure from emerging markets not to raise rates too soon as turmoil in China threatens global growth, but the G20 will not publicly call for any delay, delegates meeting in Turkey said on Friday. Slower growth in China and rising market volatility have boosted the risks to the...

  • ANKARA, Sept 4- Luxembourg Finance Minister Pierre Gramegna, whose country holds the rotating presidency of the European Union, said on Friday he was realistic about the prospect of interest rate hikes by the U.S. "We cannot live all the time on easy money," Gramegna told Reuters at a meeting of G20 finance ministers and central bank governors in the Turkish capital...

  • LONDON, Sept 4- The dollar fell on Friday while demand for the safe-haven yen picked up as stocks weakened, with traders increasingly certain that a key U.S. jobs report due later is unlikely to push the Federal Reserve to raise rates. Expectations of a rate hike by the Fed in September have waned as a slowdown in China has brought increased market volatility across...