White House Government Agencies

More

  • LONDON- Bank of England deputy governors, Jon Cunliffe and Andrew Bailey, to appear at Lords committee on euro zone financial system- 1130 GMT. SYDNEY- Reserve Bank of Australia Governor Glenn Stevens appears before the House of Representatives' Standing Committee on Economics in his twice yearly parliamentary testimony- 2230 GMT. WASHINGTON- Federal Reserve...

  • *Japan& China shut for public holidays. SYDNEY, Feb 11- The dollar was broadly lower early on Thursday after comments from Federal Reserve Chair Janet Yellen gave investors no reason to change their minds that the next rate hike will be a long time coming. As a result, the dollar came within a whisker of 113.00 yen, reaching a low not see since November 2014.

  • Feb 10- The S&P 500 ended flat on Wednesday, losing gains late in the session as investors digested comments by Federal Reserve Chair Janet Yellen, who kept options open for more rate hikes but also saw risks to the U.S. economy. The market had traded higher for much of the session after Yellen told Congress she does not expect the central bank to reverse the rate hike...

  • NEW YORK, Feb 10- Most U.S. shares ended little changed to lower on Wednesday, erasing early gains on concerns about global growth and sliding commodity-related shares, while greater calm surrounding the European banking sector boosted that region's shares. S&P 500 stock index rose as much as 1.6 percent following Federal Reserve Chair Janet Yellen's...

  • U.S. stocks delivered a mixed finish Wednesday after an early rally faded away. Traders were encouraged to hear Federal Reserve Chair Janet Yellen say that the central bank will be cautious about raising interest rates. The Dow Jones industrial average fell 99.64 points, or 0.6 percent, to 15,914.74.

  • Feb 10- The S&P 500 ended flat on Wednesday, losing gains late in the session as investors digested comments by Federal Reserve Chair Janet Yellen, who kept options open for more rate hikes but also saw risks to the U.S. economy. The market had traded higher for much of the session after Yellen told Congress she does not expect the central bank to reverse the rate hike...

  • WASHINGTON, Feb 10- The Federal Reserve said on Wednesday the U.S. financial system is well-positioned to weather headwinds and the fall in stock prices may have put the nation's asset markets on a healthier path. In its semi-annual monetary policy report to Congress, the Fed said financial vulnerabilities in the United States have continued to moderate since...

  • NEW YORK, Feb 10- The dollar fell to a 15- month low against the yen on Wednesday as investors packed into the safe-haven Japanese currency, backing away from earlier optimism that the Federal Reserve would continue to raise interest rates. Investors perceived dovishness on the part of Federal Reserve Chair Janet Yellen, who testified before the House...

  • SAN FRANCISCO, Feb 10- Interest payments that Federal Reserve Chair Janet Yellen calls "critical" to the U.S. central bank's conduct of monetary policy came under fire on Wednesday from lawmakers, raising questions about new potential political hurdles ahead for the Fed. In an unusual display of bipartisanship, Jeb Hensarling, the Republican who chairs the...

  • Facing hackers in 2016 10 Hours Ago
    Facing hackers in 2016

    After an attempted data hack at the IRS, former head of security at Bank of America and former FBI Assistant Director Chris Swecker, discusses how the U.S. can do a better job of protecting data.

  • Feb 10- Wall Street was on track to snap a three-day losing run on Wednesday after comments by Federal Reserve Chair Janet Yellen eased investor concerns about the capacity of the economy to absorb a gradual rise in interest rates. Yellen acknowledged that tightening financial conditions and uncertainty about China posed risks to the U.S. economy, but told...

  • *China markets closed for Lunar New Year, to reopen Monday. LONDON, Feb 10- Copper slid to a two-week low on Wednesday, pressured by a stronger dollar as Federal Reserve Chair Janet Yellen pointed to the prospect for further gradual adjustments to monetary policy. She cited global risks such as falling stock prices and uncertainty over China, but said there was good...

  • WASHINGTON, Feb 10- Government tests show some specific types of laminate flooring made by Lumber Liquidators Holdings LLC could cause irritation and breathing problems, a federal report released on Wednesday showed. The U.S. Consumer Product Safety Commission, which is investigating the issue and made the report public, asked the federal Centers for...

  • WASHINGTON, Feb 10- Federal Reserve Chair Janet Yellen said on Wednesday that the U.S. central bank is analyzing the prospect of negative interest rates in the spirit of prudent planning, but it is not a preferred option. She told a committee of lawmakers in Congress that given the implementation of negative rates by the Bank of Japan and the European Central Bank...

  • WASHINGTON, Feb 10- Tightening financial conditions and uncertainty over China pose risks to the U.S. recovery, but chances are slim the Federal Reserve would need to reverse the rate tightening cycle it began in December, Fed Chair Janet Yellen told U.S. lawmakers on Wednesday. Financial conditions overall have tightened, driven by falling stock prices,...

  • NEW YORK, Feb 10- Stock indexes worldwide rebounded on Wednesday after concerns eased about the banking sector and Federal Reserve Chair Janet Yellen said the U.S. central bank has plenty of flexibility to adjust monetary policy if needed. Yellen's testimony to Congress boosted sentiment. "What Yellen said has been taken positively," said Richard Sichel, chief...

  • Feb 10- U.S. stocks gained on Wednesday after Federal Reserve Chair Janet Yellen said conditions in the United States would allow for "gradual" rate hikes, and as technology stocks rebounded. Fears of a China- led global economic slowdown, along with oil's steep slide since the Fed raised rates in December have dampened the market's expectations for a hike in...

  • TORONTO, Feb 10- Canada's main stock index rose on Wednesday as financial stocks clawed back some losses from the start of the week, offsetting energy and mining stocks that slid as crude oil prices fell. Federal Reserve Chair Janet Yellen said conditions in the United States would allow the U.S. central bank to pursue "gradual" adjustments to monetary policy.

  • WASHINGTON, Feb 10- A top Federal Reserve policymaker on Wednesday expressed concern that U.S. reforms enacted after the global financial crisis may have made it harder to stem a credit market panic, a warning that came amid growing stress in corners of the banking sector. In a speech that followed weeks of plunging stock prices for global banks and growing...

  • WASHINGTON, Feb 10- Tightening financial conditions driven by falling stock prices, uncertainty over China and a global reassessment of credit risk could throw the U.S. economy off track from an otherwise solid course, Federal Reserve Chair Janet Yellen said on Wednesday in prepared testimony to Congress. In remarks that combined a steady-as-she-goes...