White House Government Agencies

  • ORLANDO, Fla., Sept 29- Atlanta Federal Reserve Dennis Lockhart said on Thursday he is "comfortable" with the central bank raising interest rates in the near future if upcoming data support his view that the economy is growing at about 2 percent.

  • Sept 29- U.S. stocks were slightly lower in choppy trading on Thursday morning as oil prices pulled back and investors assessed a set of economic data and comments from Federal Reserve officials. Investors are awaiting Fed Chair Yellen's speech in Washington and will look for hints on the timing of the next interest rate hike. Kansas City Fed President and...

  • Sept 29- U.S. stocks looked set to open slightly lower as oil prices lost ground and investors assessed a set of economic data ahead of Federal Reserve Chair Janet Yellen's speech. Wall Street cut losses on Wednesday, ending the session higher as the oil rally boosted shares of energy companies. "I think you are going to get a tight-ranged choppy market," said Andre...

  • ORLANDO, Fla., Sept 29- A top U.S. Atlanta Federal Reserve President Dennis Lockhart said he expected the Fed would raise interest rates "before long." Lockhart's comments were in a prepared speech at an event here sponsored by the Florida Chamber Foundation.

  • WASHINGTON, Sept 29- The number of Americans filing for unemployment benefits rose less than expected last week and held at relatively healthy levels that could support Federal Reserve plans to raise interest rates this year. Initial claims for state unemployment benefits rose 3,000 to a seasonally adjusted 254,000 for the week ended Sept. 24, the Labor...

  • WASHINGTON, Sept 29- The number of Americans filing for unemployment benefits rose less than expected last week and held at relatively healthy levels that could support Federal Reserve plans to raise interest rates this year. Initial claims for state unemployment benefits rose 3,000 to a seasonally adjusted 254,000 for the week ended Sept. 24, the Labor...

  • DUBLIN, Sept 29- December's U.S. Federal Reserve meeting would be an appropriate time to raise interest rates if the economy continues to move in the direction that it anticipates, Philadelphia Fed President Patrick Harker said on Thursday. "Between now and December, to me I think we'll have enough that if things continue on the trajectory that I anticipate that...

  • DUBLIN, Sept 29- December's U.S. Federal Reserve meeting would be an appropriate time to increase interest rates if the economy continues to move in the direction that it anticipates, Philadelphia Fed President Patrick Harker said on Thursday. "Between now and December, to me I think we'll have enough that if things continue on the trajectory that I anticipate...

  • DUBLIN, Sept 29- The U.S. Federal Reserve is moving "slowly but surely" towards its 2 percent inflation target and a continued normalisation of monetary policy could boost lagging business investment, Philadelphia Fed President Patrick Harker said on Thursday. "If you look at the statistics in the US, save inflation and I think we're moving slowly but surely...

  • WASHINGTON— Federal regulators have approved a first-of-a-kind "artificial pancreas," a device that can help some diabetes patients manage their disease by constantly monitoring their blood sugar and delivering insulin as needed. The device from Medtronic was approved Wednesday for patients with Type 1 diabetes, the kind usually diagnosed during...

  • NEW YORK, Sept 29- The Federal Reserve and Bank of Japan's actions last week have given a second wind to an alternative investment strategy that relies on cheap money and low market volatility to produce outsized returns. The funds had a rough 2015 when volatility spiked because of concerns about China's economy and tumbling oil prices, prompting investors to...

  • SEOUL, Sept 29- Samsung Electronics, which is already reeling from a global recall of its Note 7 smartphones, said on Thursday it is in talks with a U.S. watchdog to address potential safety problems related to some of its washing machines. The South Korean tech company's comments came as the U.S. Consumer Product Safety Commission warned of problems with some of...

  • KANSAS CITY, Mo.— Consider two women in their 70 s, both residents of the Kansas City area. At 71, Carole Ramsey knows she has long been fortunate. She married a man who became a successful lawyer, raised their children in Kansas City's affluent western suburbs and now enjoys a comfortable retirement full of international travel.

  • ST. LOUIS, Sept 28- Investors may be expecting a U.S. interest rate increase in December, but Federal Reserve policymakers remain divided over whether the economy is mired in a rut, strong enough to withstand an immediate hike or hovering somewhere in between. "The low interest rate environment is not just a U.S. phenomenon, or simply a situation engineered by...

  • THURSDAY, SEPTEMBER 29 WASHINGTON- Federal Reserve Chair Janet Yellen participates in a conversation before the "Banking and the Economy: A Forum for Minority Bankers" conference hosted by the Federal Reserve Bank of Kansas City- 2110 GMT. ORLANDO, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart speaks before the 2016 Future of Florida...

  • THURSDAY, SEPTEMBER 29 WASHINGTON- Federal Reserve Chair Janet Yellen participates in a conversation before the "Banking and the Economy: A Forum for Minority Bankers" conference hosted by the Federal Reserve Bank of Kansas City- 2110 GMT. ORLANDO, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart speaks before the 2016 Future of Florida...

  • The U.S. Food and Drug Administration, in its approval of the device, the MiniMed 670 G, hailed it as a breakthrough. Jeffrey Shuren, director of the FDA's medical device division, said in a statement. Analysts said the FDA approved the device six months sooner than expected.

  • ST. LOUIS, Sept 28- Investors may be expecting a U.S. interest rate increase in December, but Federal Reserve policymakers remain divided over whether the economy is mired in a rut, strong enough to withstand an immediate hike or hovering somewhere in between. "The low interest rate environment is not just a U.S. phenomenon, or simply a situation engineered by...

  • SEATTLE— One of the largest producers of shellfish in the country is being sued over claims it permitted ongoing racial harassment and retaliatory discipline against a black maintenance mechanic. The U.S. Equal Employment Opportunity Commission said in a news release that it filed the lawsuit against Taylor Shellfish on Wednesday in U.S. District Court.

  • Sept 28- Vertex Pharamceuticals Inc said the U.S. Food and Drug Administration expanded the use of its cystic fibrosis drug to treat a new subgroup of patients with the rare genetic disorder. The company said it now expects Orkambi revenue of $950 million to $990 million, down from $1.0 billion to $1.1 billion it had previously forecast. The FDA approved the use of...