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White House Government Agencies

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  • MELBOURNE, Aug 5- London copper slipped back on Wednesday towards six-year lows as the dollar rose on heightened expectations the U.S. Federal Reserve could raise interest rates in September and amid a bearish backdrop for China demand. "Sentiment here among Chinese investors is quite bearish at the moment, it's hard to see any sustainable rebound from here,"...

  • MANILA, Aug 5- Gold steadied not far from a 5-1/ 2- year low early on Wednesday after comments from a Federal Reserve official backed investor expectations that the U.S. central bank would hike interest rates as early as next month. *Gold, an asset that does not earn interest, has taken a hit given rising risks of a U.S. rate hike. *Gold sales at the Perth Mint climbed to a...

  • Moves were minor with Japan's Nikkei off 0.1 percent and South Korea's KOSPI up 0.1 percent. MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.3 percent. The latest scare over U.S rates came when Atlanta Federal Reserve President Dennis Lockhart told the Wall Street Journal that it would take "significant deterioration" in the economy for...

  • TOKYO, Aug 5- The dollar stood tall against the yen and euro early on Wednesday after Atlanta Federal Reserve President Dennis Lockhart expressed his support for an interest rate hike in September. The euro was steady at $1.0892 after sliding to a two-week low of $1.0879. "Lockhart was not scheduled to speak until Monday, so the hawkishness of the comments, and the...

  • *Utilities lead declines on Wall Street. The dollar rose sharply against the euro after Federal Reserve Bank of Atlanta President Dennis Lockhart, a member of the Fed's policy setting committee who typically votes with the core, told the Wall Street Journal it would take a sharp turn for the worst in economic data to change his view in support of a rate hike after...

  • NEW YORK, Aug 4- The dollar rose on Tuesday as a top U.S. Atlanta Fed President Dennis Lockhart told the Wall Street Journal said it would take "significant deterioration" in the U.S. economy for him to not support a rate hike in September. "He is seen as a swing vote and he has become increasingly hawkish," said Ian Gordon, G10 currency strategist at Bank of America Merrill...

  • Platinum, palladium fall on oversupply, weak China demand. NEW YORK/ LONDON, Aug 4- Gold retreated from intraday highs on Tuesday as the dollar moved higher and a voting member of the U.S. Gold prices fell from their highs after Atlanta Federal Reserve President Dennis Lockhart said it would take "significant deterioration" in the U.S. economy for him to not support a...

  • *Utilities lead declines on Wall Street. The dollar rose sharply against the euro after Federal Reserve Bank of Atlanta President Dennis Lockhart, a member of the Fed's policy setting committee who typically votes with the core, told the Wall Street Journal it would take a sharp turn for the worst in economic data to change his view in support of a rate hike after...

  • Aug 4- The U.S. Food and Drug Administration said it will update the label of Novartis AG's multiple sclerosis drug, Gilenya, after cases of serious brain infections were linked with its use. As a result, information about these cases is being added to the oral drug's label, the FDA said. The FDA had said in August 2013 that it was investigating a case of PML in a patient...

  • WASHINGTON, Aug 4- Atlanta Federal Reserve President Dennis Lockhart has said it would take "significant deterioration" in the U.S. economy for him to not support a rate hike in September, according to the Wall Street Journal. "I think there is a high bar right now to not acting, speaking for myself," Lockhart said in an interview with the newspaper published on Tuesday.

  • There have been no reports of injuries, the U.S. Consumer Product Safety Commission said Tuesday. The recall is for John Deere models D110, D125, D130, D140, D155, D160 and D170 with serial numbers beginning with 1 GXD. Deere& Co., based in Moline, Illinois, said customers should stop using the tractors and contact the company for a free repair.

  • Even with such steps "the risk of infection transmission cannot be completely eliminated," the FDA said in an online statement. Despite the risks of infection, the FDA says the devices should remain available because they benefit "appropriately selected patients." The FDA came under heavy criticism earlier this year for its oversight of the hard-to-clean...

  • MANILA, Aug 4- Gold hovered near a 5-1/ 2- year low on Tuesday, still pressured by expectations that the Federal Reserve was well on course to raise interest rates this year. "I think it underscores our sense that the Fed may take a cautious approach, hence perhaps defer the first hike to December," said Vishnu Varathan, senior economist at Mizuho Bank in Singapore.

  • MANILA, Aug 4- Gold dropped for a third session in four on Tuesday, closing in on a 5-1/ 2- year low, with selling pressure supported by expectations that the Federal Reserve is set to raise interest rates this year. *Spot gold slipped 0.3 percent to $1,082.8 an ounce by 0042 GMT, near last month's low of $1,077, the weakest since February 2010. *A key global commodities...

  • District Judge Paul Crotty in Manhattan said Roger Darin, a Swiss citizen, was "flouting judicial process" by remaining in his home country to avoid arrest while sending lawyers to ask the judge to dismiss the case. Darin's lawyers argued he was not a fugitive since he had never fled, let alone appeared, in the United States since the U.S. Justice Department filed its...

  • MONTPELIER, Vt.— Vermont can breathe easy— it won't be required by new federal rules to lower power plant emissions. Vermont, Alaska and Hawaii are the only states exempted from rules the Environmental Protection Agency issued Monday that require other states to cut power plant emissions by 32 percent by 2030, said Chris Recchia, commissioner of the Public...

  • FDA clears first 3-D printed prescription drug Monday, 3 Aug 2015 | 3:00 PM ET

    WASHINGTON— The Food and Drug Administration has approved the first prescription drug made through 3- D printing: a dissolvable tablet that treats seizures. Aprecia Pharmaceuticals said Monday the FDA approved its drug Spritam for adults and children who suffer from certain types of seizures caused by epilepsy. The FDA has previously approved medical...

  • Aug 3- The U.S. Food and Drug Administration has, for the first time, approved a drug that uses 3 D printing technology, paving the way for potential customization of drugs to suit patients' needs. The drug, made by privately held Aprecia Pharmaceuticals Co, was approved for oral use as a prescription adjunctive therapy in the treatment of epilepsy, the company said on...

  • NEW YORK, Aug 3- U.S. long-dated and benchmark Treasuries yields hit their lowest levels in two months on Monday after weaker-than-expected U.S. economic data damped expectations that the Federal Reserve will hike interest rates in September. The Institute for Supply Management said its index of national factory activity fell to 52.7 in July from 53.5 the...

  • Hospira headquarters

    The federal government says health care facilities should stop using Hospira's Symbiq medication infusion pump because its vulnerable to hacking.