×

White House Government Agencies

  • RICHMOND, Va., March 21- Federal Reserve Bank of Cleveland President Loretta Mester said on Tuesday that if the economic data holds up she supports the U.S. central bank taking steps that would begin to reduce its $4.5 trillion balance sheet. "In my view, if economic conditions evolve as I anticipate, I would be comfortable changing our reinvestment policy this year,"...

  • March 21- Newron Pharmaceuticals SpA said on Tuesday the U.S. Food and Drug Administration approved its Parkinson's disease treatment Xadago as an add-on therapy to levodopa, a drug widely used to treat the disease. Levodopa was developed in the late 1960 s and is the first-line treatment for the management of Parkinson's, according to the National Parkinson...

  • WASHINGTON, March 21- The Federal Reserve sees an opportunity to remove some of the monetary stimulus it has given the U.S. economy, Kansas City Federal Reserve President Esther George said on Tuesday. "The Federal Reserve is moving into what I consider a very critical time," George told an event hosted by Women in Housing and Finance. George, who does not have a vote on...

  • March 21- Polaris Industries Inc is recalling about 19,200 all-terrain vehicles due to fire hazard and risk of injury, the U.S. Consumer Product Safety Commission said on Tuesday. Polaris will recall all model year 2015 and 2016 Sportsman 850 and 1000 all-terrain vehicles, the U.S. consumer-safety regulator said. The right side panel heat shield in the ATVs can...

  • TheTrump administration wants to ramp up the pressure on North Korea

    The White House is weighing wide-ranging sanctions against North Korea, according to Reuters.

  • *Sentiment was also boosted after French centrist Emmanuel Macron's performance in a television debate raised expectations that he would win the presidential election over the far-right's Marine Le Pen. *Bank of Kansas City President Esther George and Cleveland Fed chief Loretta Mester are scheduled to speak later in the day, while Boston Fed head Eric...

  • TOKYO, March 21- The dollar was on the defensive in Asian trading on Tuesday, after Chicago Federal Reserve President Charles Evans reinforced the perception that the U.S. central bank won't accelerate the pace of its interest rate hikes. France's coming two-round election on April 23 and May 7 remained in focus, with nearly 40 percent of voters saying they are...

  • HONG KONG, March 21- China's yuan firmed against the U.S. dollar on Tuesday, as the global dollar index lost growth momentum after a Federal Reserve official reinforced perceptions that the U.S. central bank won't accelerate the pace of its interest rate hikes. The People's Bank of China set the midpoint rate at 6.9071 per dollar prior to market open, weaker than...

  • TOKYO, March 21- Asian shares clung to their 15- month highs on Tuesday while the dollar and U.S. bond yields were on the back foot on the prospects of a less-hawkish Federal Reserve policy trajectory. In early trade, MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.1 percent, staying near a 15- month high it touched on Monday, with South Korean...

  • *Fed's intended gradual pace of hikes disappoints dollar bulls. TOKYO, March 21- The dollar was on the defensive in Asian trading on Tuesday, after Chicago Federal Reserve President Charles Evans reinforced the perception that the U.S. central bank won't accelerate the pace of its interest rate hikes. The dollar index, which tracks the greenback against a basket...

  • LONDON- Federal Reserve Bank of New York President and CEO William Dudley will attend an event "Banking Culture; An International Challenge and an Opportunity" organized by Banking Standards Board and the Lord Mayor of London- 0820 GMT. LONDON- Federal Reserve Bank of New York President and CEO William Dudley will attend an event "Worthy of Trust?

  • LONDON- Federal Reserve Bank of New York President and CEO William Dudley will attend an event "Banking Culture; An International Challenge and an Opportunity" organized by Banking Standards Board and the Lord Mayor of London- 0820 GMT. LONDON- Federal Reserve Bank of New York President and CEO William Dudley will attend an event "Worthy of Trust?

  • WASHINGTON, March 20- The Federal Reserve on Monday approved Cathay General Bancorp purchase of SinoPac Bancorp, allowing the tie-up between the two California lenders. The two banks are relatively small with less than $16 billion in combined assets. Through the deal, Cathay General indirectly acquired Far East National Bank.

  • NEW YORK, March 20- The U.S. dollar slumped to a six-week low on Monday on worries over a dovish Federal Reserve, while U.S. and European stock markets dipped amid concerns about G20 financial leaders' decision to drop a pledge to keep global trade free and open. The dollar index, which measures the greenback against a basket of six major currencies, was flat at 100.32...

  • WASHINGTON, March 20- The head of the Federal Communications Commission told the U.S. Congress he did not agree that "the media is the enemy of the American people" and said he would act independently of the White House on media-related matters. FCC Chairman Ajit Pai, whom President Donald Trump has nominated to a new five-year term as head of the body that regulates...

  • NEW YORK, March 20- U.S. Treasury prices gained on Monday as Chicago Federal Reserve President Charles Evans reiterated the U.S. central bank's view that two more interest rate hikes this year are likely, disappointing investors who had anticipated a faster path of rate increases. "After last week, investors understood that the Feds not quite as hawkish as they...

  • WASHINGTON, March 20- The head of the Federal Communications Commission told the U.S. Congress that he did not agree with President Donald Trump's comments that certain media outlets are an "enemy" of the people and would act independently of the White House on media-related matters. Pai, who has been nominated to a new five-year term at the FCC by Trump, had refused...

  • One US diplomat is in trouble after a so called 'incident' in New Zealand

    New Zealand expelled a U.S. diplomat.

  • NEW YORK, March 20- U.S. Chicago Fed President Charles Evans said on Monday that the U.S. central bank is on track to raise rates twice more this year after a policy tightening last week, and could be more or less aggressive depending on fiscal policies and other effects on the economy. We have a light week for data, we have no nominal coupon supply either, so really the...

  • NEW YORK, March 20- The Federal Reserve is on track to raise interest rates twice more this year after a policy tightening last week, and it could be more or less aggressive depending on inflation and fiscal policies from the Trump administration, a Fed rate-setter said on Monday. The public comments from Chicago Fed President Charles Evans were among the first...