White House Government Agencies

More

  • Feb 1- The U.S. Centers for Disease Control and Prevention said on Monday it had concluded that two E.coli outbreaks related to Chipotle Mexican Grill Inc appeared to be over.

  • NEW YORK, Feb 1- The U.S. dollar fell against a basket of major currencies on Monday on the view that the Federal Reserve would not be able to hike interest rates as quickly as forecast this year given weak U.S. economic data and continued easing from the Bank of Japan. The euro rose against the dollar to a session high of $1.09130 from Friday's low of $1.08100.

  • TOKYO, Feb 1- Japan's Nikkei share average soared to more than a three-week high on Monday as the Bank of Japan's surprise decision to adopt negative interest rates spurred further buying, though most economists doubted it would give much of a boost to the economy. "Given the uncertainty over China and the uneasiness as the U.S. Federal Reserve begins a phase of...

  • Brownstone buildings line a street of the Bedford-Stuyvesant neighborhood in the Brooklyn borough of New York.

    Based on a price of nearly $6 million and a square foot size of 2000, a Brooklyn property just sold for $2900 per square foot.

  • SAN FRANCISCO, Jan 29- The Federal Reserve probably needs to keep U.S. interest rates lower for longer given headwinds from weak global economic growth, a stronger dollar and an unexpectedly sustained drop in oil prices, a top Fed official suggested on Friday. San Francisco Federal Reserve Bank President John Williams told reporters he now sees slightly slower...

  • Money managers, including hedge funds and other big speculators, raised their combined futures and options position in New York and London by 15,717 contracts to 68,053 in the week to Jan. 26, the U.S. Commodity Futures Trading Commission said. "It looked as if up to last Tuesday, you had a big influx of money-manager longs- that would explain why up until Tuesday last...

  • Speculators in four major NYMEX and ICE markets increased their bearish bets by 7,584 contracts to 30,971 in the week to Jan. 26, the U.S. Commodity Futures Trading Commission said on Friday. Gas futures averaged $2.15 during the five trading days ended Jan. 26, the same as during the four trading days of the prior week ended Jan. 19. There were only four trading days...

  • NEW YORK, Jan 29- Stocks jumped worldwide and the yen slumped on Friday after the Bank of Japan stunned markets by adopting negative interest rates, while hopes the Federal Reserve will slow the pace of future U.S. rate hikes also underpinned stock gains. Equities surged globally, the yen tumbled and sovereign debt rallied after the BOJ said it would charge 0.1...

  • NEW YORK, Jan 29- The Federal Reserve needs more time to assess how global economic weakness and financial market turmoil will hurt the U.S. economy, and it will be patient about policy decisions, a Fed policymaker said on Friday. Equities and oil prices plunged through most of January as investors worried about a global slowdown and weakness in China in...

  • Jan 28- The U.S. Food and Drug Administration approved Eisai Co Ltd's drug derived from sea sponge for a rare type of soft tissue cancer. The drug, Halaven, was approved for use in patients who have undergone chemotherapy with drugs derived from a type of bacteria, the FDA said on Thursday. Halaven, derived from a marine sponge called Halichondria okadai, was approved...

  • WASHINGTON, Jan 29- Democratic U.S. Senator Elizabeth Warren released on Friday a report criticizing what she called "shockingly weak" punishments for corporate crimes and condemned the Justice Department and Securities and Exchange Commission for their lax approach. Warren, a favorite among progressives, criticized the Justice Department and federal law...

  • SAN FRANCISCO- Federal Reserve Bank of San Francisco President John Williams participates in panel before the Commonwealth Club, Bank of America Merrill Lynch Walter E. Hoadley Annual Economic Forecast event- 2030 GMT. PRAGUE- European Commission Vice President Valdis Dombrovskis, Slovak Finance Minister Peter Kazimir, Czech central bank Governor...

  • WASHINGTON, Jan 28- Large financial firms will have to show how they would survive a "severely adverse scenario", including a global recession where U.S. unemployment shoots up to 10 percent and short-term U.S. "In adjusting the scenarios for our yearly stress testing program, we strive to assess the resilience of the nation's largest banks in a variety of...

  • NEW YORK, Jan 28- Crude oil prices rose on Thursday to their highest in three weeks on hopes for a pact among oil producers to cut output, while the dollar slipped on bets that interest rate hikes by the Federal Reserve would be more gradual than it has suggested. The rebound in the oil market lifted share prices on Wall Street and other stock markets in another...

  • NEW YORK, Jan 28- The dollar fell broadly on Thursday as a plunge in U.S. durable goods orders supported the view of weakening U.S. growth due to softer global demand, which may cause the Federal Reserve to raise interest rates at a slower pace than it had previously signaled. The much weaker-than-expected reading in durable goods orders, which fell by the most since...

  • Jan 28- The U.S. Food and Drug Administration approved Eisai Co Ltd's drug derived from sea sponge for a rare type of soft tissue cancer which has no approved treatment so far. The drug, Halaven, was approved for use in patients who have undergone chemotherapy with drugs derived from a type of bacteria, the FDA said on Thursday. Halaven, derived from a marine sponge...

  • WASHINGTON, Jan 28- General Motors Co and two dealership companies, Jim Koons Management and Lithia Motors Inc, will settle allegations they advertised that they sold carefully inspected cars that in fact had unrepaired safety recalls, the Federal Trade Commission said on Thursday. GM paid more than $2 billion in total costs connected to its recall of older...

  • WASHINGTON, Jan 28- General Motors Co and two dealership companies, Jim Koons Management and Lithia Motors Inc, will settle allegations they advertised that they sold carefully inspected cars that in fact had unrepaired safety recalls, the Federal Trade Commission said on Thursday. GM paid more than $2 billion in total costs connected to its recall of older...

  • NEW YORK, Jan 28- Crude oil prices rose on Thursday to their highest in three weeks on hopes for a pact among oil producers to cut output, while the dollar slipped on bets that interest rate hikes by the Federal Reserve would be more gradual than it has suggested. Wall Street indexes were mostly little changed after advancing earlier on a boost from the energy sector,...

  • SAO PAULO, Jan 28- Latin American currencies rallied on Thursday on a spike in oil prices and bets that the U.S. Federal Reserve may wait longer to increase interest rates due to global market volatility. Also boosting demand for riskier assets was a Fed policy statement on Wednesday that highlighted concerns about global markets, which have been hard hit by the...