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White House Government Agencies

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  • Engineers compete to make salt water drinkable Thursday, 9 Apr 2015 | 12:09 PM ET
    Tanks that hold the water to be filtered through the desalination machines at the Desal Prize test site in Alamogordo, NM.

    Tech competitors have converged on New Mexico to help the developing world——and maybe drought-stricken California.

  • LONDON, April 9- Gold retreated for a third straight session on Thursday on a stronger dollar after Federal Reserve officials kept alive expectations for an interest rate rise some time this year despite recent weak economic data. New York Fed President William Dudley and Fed Governor Jerome Powell on Wednesday sketched out scenarios in which the central...

  • *China fund managers chase Hong Kong to new 7- year high. TOKYO, April 9- Asian stocks rose on Thursday, extending the previous session's gains, while the dollar drew support from minutes of the Federal Reserve's last meeting showing the U.S. central bank was still on course to hike interest rates this year. Financial spreadbetters expected Britain's FTSE 100 to...

  • *Japan investors sold net Y3.1 trln foreign bonds last week. SYDNEY/ SINGAPORE, April 9- The dollar touched a one-week high on Thursday, having enjoyed another leg up after two influential Federal Reserve officials kept alive expectations for a hike in interest rates sometime this year. Still, the chance of a hike at all this year is a stark contrast to Europe and...

  • BOSTON, April 9- Some of the biggest dollar bulls in the global bond fund sector have reversed course in recent weeks, cutting exposure to the greenback amid concern the U.S. Federal Reserve will delay a widely-anticipated interest rate hike. The dollar has benefited so much from the disparity between U.S economic performance and much of the rest of the world's,...

  • SINGAPORE, April 9- Gold retreated for the third session in a row on Thursday after comments from Federal Reserve officials and minutes of the U.S. central bank's meeting last month suggested that a rate increase in June remained on the cards despite recent weak data. "The near-term outlook for gold looks weak, with the path of least resistance lower," said HSBC...

  • METALS-London copper drifts as U.S. June rate rise eyed Wednesday, 8 Apr 2015 | 9:02 PM ET

    MELBOURNE, April 9- London copper slipped on Thursday as traders eyed minutes from the latest Federal Reserve meeting that signalled a June rate rise may still be on the table, which lifted the dollar and dented the allure of commodities. Prices have been consolidating in a $5,950- $6,300 range for the past fortnight, part of a grinding seasonal recovery from near...

  • SINGAPORE, April 9- Gold retreated for a third session in a row on Thursday after comments from Federal Reserve officials and minutes of the U.S. central bank's meeting last month suggested that a rate increase in June remained on the cards despite recent weak data. *Spot gold was off 0.1 percent at $1,201 an ounce by 0022 GMT. *Newmont Mining Corp said it will go ahead...

  • SYDNEY, April 9- The dollar hovered at one-week highs early on Thursday, having enjoyed another leg up after two influential Federal Reserve officials kept alive expectations for a hike in interest rates sometime this year. New York Fed President William Dudley and Fed Governor Jerome Powell on Wednesday sketched out scenarios in which the central bank could...

  • April 8- U.S. stocks ended a volatile session with modest gains on Wednesday after minutes from a U.S. Federal Reserve meeting indicated that the central bank remained on track for a rate hike this year. The Dow Jones industrial average rose 27.09 points, or 0.15 percent, to 17,902.51, the S&P 500 gained 5.57 points, or 0.27 percent, to 2,081.9 and the Nasdaq Composite...

  • NEW YORK, April 8- The dollar rose on Wednesday, gaining against other leading currencies for a third day, as Federal Reserve minutes showed that U.S. policymakers were readying for a possible interest rate hike during 2015.. The euro sank below $1.08 and was last off 0.25 percent at $1.0787, while the dollar was last at 120.10 yen, off 0.14 percent for the day but...

  • NEW YORK, April 8- U.S. short-term Treasury yields climbed to one-week peaks on Wednesday after minutes from the last Federal Reserve meeting suggested the U.S. central bank could still raise interest rates this year despite evidence of slower economic growth. "I would be surprised if the Fed delays the rate hike to 2016," said Dan Heckman, senior fixed income...

  • NEW YORK, April 8- The Federal Reserve could still hike interest rates in June despite weak recent U.S. data and investor skepticism, two influential officials with the central bank said on Wednesday, putting the spotlight squarely on the economy's performance in the next two months. But New York Fed President William Dudley and Fed Governor Jerome Powell on...

  • NEW YORK, April 8- The Federal Communications Commission reached a $25 million settlement with AT&T Inc over a consumer data breach at call centers in Mexico, Colombia and the Philippines, the U.S. communications regulator said on Wednesday. The breaches led to unauthorized disclosure of names and full or partial Social Security numbers and illegal access to...

  • Federal Reserve officials acknowledged risks from overseas and a weak start to the year at their March meeting but remained confident enough in the strength of the recovery to continue laying the groundwork for an interest rate hike later this year, according to minutes from the meeting released on Wednesday. The meeting concluded with the Fed opening the...

  • NEW YORK, April 8- The Federal Communications Commission reached a $25 million settlement with AT&T Inc over a consumer data breach at call centers in Mexico, Colombia and the Philippines, the U.S. communications regulator said on Wednesday. The breaches led to unauthorized disclosure of names and full or partial Social Security numbers and illegal access to...

  • NEW YORK, April 8- Two influential Federal Reserve officials said they could still hike U.S. interest rates in June despite weak recent economic data and skepticism among investors, putting the spotlight squarely on the economy's performance over the next two months. But on Wednesday, New York Fed President William Dudley and Fed Governor Jerome Powell...

  • NEW YORK, April 8- The dollar eased on Wednesday, backing away from a nearly three-week high hit against the yen, as currency traders readied for the release of Federal Reserve meeting minutes. Coming off two days of gains, the greenback was down 0.25 percent versus the yen but above session lows touched after the Bank of Japan kept monetary policy unchanged...

  • NEW YORK, April 8- New York Federal Reserve President William Dudley said he did not oppose a Congressional proposal to make his successor a presidential appointee that would require Senate confirmation. Regional bank presidents currently are appointed by their own board of directors with input from members of the Fed's Washington- based board.

  • WASHINGTON, April 8- Federal Reserve Governor Jerome Powell said on Wednesday he would be willing to start raising U.S. interest rates even at current low levels of inflation, but said the central bank should proceed slowly from then on to ensure continued recovery from the crisis. "You cannot wait until you see the goalposts coming because monetary policy works...