White House Government Agencies

  • WASHINGTON, Nov 30- Federal Reserve policymakers should put less emphasis publicly on the short-term outlook for interest rate increases and more on the economics driving monetary policy and the uncertainty of forecasts, Fed Governor Jerome Powell said on Wednesday. In comments at a Brookings Institution forum on Fed communications, Powell said that a...

  • NEW YORK, Nov 30- A centrist Federal Reserve president on Wednesday said he backed an interest rate hike "in the near future," adding to the very high odds that the U.S. central bank will tighten monetary policy next month. Dallas Fed President Robert Kaplan told reporters he had been "comfortable" with a rate hike at policy meetings in both September and early...

  • WASHINGTON, Nov 30- U.S. private employers stepped up hiring in November and consumer spending increased last month, the latest signs of economic strength that could further cement the case for an interest rate hike from the Federal Reserve next month. The economy continues to move ahead powered by the American consumer who has got the income to both spend and...

  • WASHINGTON, Nov 30- The U. S Environmental Protection Agency on Wednesday will announce it is finalizing a plan requiring automakers to more than double their fleet-wide fuel efficiency, two sources briefed on the matter said, locking in a proposal by President Barack Obama before the Trump administration takes over early next year. The EPA under law had to...

  • WASHINGTON, Nov 30- The U.S. Environmental Protection Agency will announce Wednesday a plan to finalize vehicle emissions standards through 2025-- a move strongly opposed by major automakers and likely to set up a significant fight early in the next administration, two sources briefed on the plan.

  • NEW YORK, Nov 30- A centrist Federal Reserve president on Wednesday said he backed an interest rate hike "in the near future," adding to the very high odds that the U.S. central bank will tighten monetary policy next month. Dallas Fed President Robert Kaplan told reporters he had been "comfortable" with a rate hike at policy meetings in both September and early...

  • WASHINGTON, Nov 30- U.S. private employers stepped up hiring in November and consumer spending increased last month, the latest signs of economic strength that could further cement the case for an interest rate hike from the Federal Reserve next month. The ADP figures come ahead of the Labor Department's more comprehensive employment report on Friday, which...

  • NEW YORK, Nov 30- The Federal Reserve must not jump to conclusions now on what fiscal policies U.S. President-elect Donald Trump will pursue once in office but the U.S. central bank "will be on its toes" assessing their impact on the economy next year, Dallas Fed President Robert Kaplan said on Wednesday. Addressing a group of economists, Kaplan said some of the...

  • NEW YORK, Nov 30- The Federal Reserve must not jump to conclusions now on what fiscal policies U.S. President-elect Donald Trump will pursue once in office but the U.S. central bank "will be on its toes" assessing their impact on the economy next year, Dallas Fed President Robert Kaplan said on Wednesday. Addressing a group of economists, Kaplan said some of the...

  • Trump will leave his businesses to focus on presidency

    CIA Director John Brennan warns Donald Trump that tearing up Washington's deal with Tehran could lead to unwanted consequences.

  • Nov 30- Gold prices held steady on Wednesday as markets braced for the outcome of an OPEC meeting later in the day, with members of the producer cartel trying to seal a deal to boost oil markets. *The case for raising U.S. interest rates has "clearly strengthened" since early November, before Americans elected Republican Donald Trump as president, Federal Reserve...

  • STOCKHOLM- Riksbank Deputy Governor Martin Floden talks about monetary policy and the economic situation- 0735 GMT. BERLIN- German Chancellor Angela Merkel, World Bank Group President Jim Yong Kim, German Finance Minister Wolfgang Schaeuble and Bundesbank President Jens Weidmann to attend Germany's G20 presidency. NEW YORK- Federal Reserve Bank of Dallas...

  • Wilbur Ross

    Ross has been a close adviser for Trump as the president-elect puts together a team for his new administration that begins in January.

  • WASHINGTON, Nov 29- U.S. banks' net income increased 12.9 percent, up $5.2 billion, in the third quarter as the number of struggling lenders fell, the Federal Deposit Insurance Corp said on Tuesday. The FDIC said the share of unprofitable banks, 4.6 percent, was the lowest since the third quarter of 1997.. The Federal Reserve has kept interest rates low since the 2008...

  • The FDIC noted that the share of unprofitable banks, 4.6 percent, was the lowest since the third quarter of 1997.. The Federal Reserve has kept interest rates low since the 2008 financial crisis but banks must prepare for those rates to climb, said the head of the FDIC, which shields bank deposits if a lender fails. "Low interest rates for an extended period have led...

  • Trump picking Tom Price could signal dismantling of Obamacare

    Rep. Tom Price already has a plan for how to abolish the Affordable Care Act.

  • Spot gold was down 0.5 percent at $1,187.4 an ounce as of 1036 GMT. U.S. gold futures slid 0.5 to $1,185.9 per ounce. "Gold is struggling here with the higher dollar and better sentiment for growth," said Danske Bank analyst Jens Pederson.

  • A real estate for sale sign is pictured in front of a home in Vancouver, British Columbia, Canada.

    Canada's banks face scrutiny of their mortgage underwriting practices as authorities see threat of housing bubble in Vancouver and Toronto.

  • Cuban President Fidel Castro delivers a speech 10 May, 2005 at the Conventions Palace in Havana.

    Following Fidel Castro's death Saturday, here are seven of the most remarkable assassination attempts on the Cuban leader's life by the CIA. NBCNews reports.

  • Controversial names swirl as nominees in Trump's administration have people guessing who he'll pick