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White House Government Agencies

  • SAN FRANCISCO/ WASHINGTON, Jan 12- Faced with sharply deteriorating economic conditions in 2011 after ending their second bond-buying program, Federal Reserve policymakers made an unprecedented bid to shore up the recovery by promising to keep rates low until at least mid-2013. But according to transcripts of the 2011 Fed meetings released for the first...

  • WASHINGTON, Jan 12- U.S. farmers slashed their winter wheat plantings to the lowest in more than a century as supplies of the grain ballooned to a 29- year high, the U.S. Agriculture Department said on Thursday. USDA also dialed back its harvest estimates for the U.S. soybean and corn crops but 2016/ 17 marketing year production of both commodities remained at record...

  • SAN FRANCISCO/ WASHINGTON, Jan 12- Faced with sharply deteriorating economic conditions in 2011 after ending their second bond-buying program, Federal Reserve policymakers made an unprecedented bid to shore up the recovery by promising to keep rates low until at least mid-2013. But according to transcripts of the 2011 Fed meetings released for the first...

  • WASHINGTON, Jan 12- U.S. farmers slashed their winter wheat plantings to the lowest in more than a century as supplies of the grain ballooned to a 29- year high, the U.S. Agriculture Department said on Thursday. USDA also dialed back its harvest estimates for the U.S. soybean and corn crops but 2016/ 17 marketing year production of both commodities remained at record...

  • WASHINGTON, Jan 12- U.S. farmers slashed their winter wheat plantings to the lowest in more than a century as supplies of the grain ballooned to a 29- year high, the U.S. Agriculture Department said on Thursday. USDA also dialed back its harvest estimates for the U.S. soybean and corn crops but 2016/ 17 marketing year production of both commodities remained at record...

  • MALVERN, Pa., Jan 12- The Federal Reserve can consider shrinking its massive trove of bonds once the interest rate on overnight lending between banks rises to 1 percent, Philadelphia Fed President Patrick Harker said on Thursday. Boston Fed President Eric Rosengren said on Jan 9 that the Fed should consider trimming the balance sheet, a move that could cool the...

  • The EPA told the automaker it believes its undeclared emissions control software allowed vehicles to generate excess pollution in violation of the law. The EPA will announce the findings at an 11 a.m. conference call. The EPA has for months declined to certify Fiat Chrysler's 2017 diesel vehicles for sale in the United States.

  • MALVERN, Pa., Jan 12- The U.S. economy is gathering enough strength to warrant three interest rate increases this year from the Federal Reserve, Philadelphia Fed President Patrick Harker said on Thursday. "The economy is displaying considerable strength," Harker said in prepared remarks for a business group in Malvern, Pennsylvania, adding that inflation is...

  • PARIS/ SINGAPORE, Jan 12- Chicago wheat futures fell for a third session on Thursday as favorable weather forecasts in U.S. and Black Sea growing belts kept prices under pressure ahead of a raft of U.S. government crop data later in the day. The USDA will release reports on U.S. grain stocks, U.S. annual crop production, U.S. winter wheat seeding and world supply and...

  • The secretary of the U.S. Department of Agriculture will not approve or reject the merger but will face the issue of industry consolidation. How Trump responds on those issues- and who he picks to lead the USDA- could determine whether he is able to maintain the strong rural support he demonstrated in the Nov. 8 election. Trump has also met with Elsa Murano,...

  • NAPLES, United States- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic conditions and monetary policy before a panel at the American Council of Life Insurers Executive Roundtable- 1345 GMT. NAPLES, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart speaks on the economic outlook and monetary policy...

  • Donald Trump

    Donald Trump's assertion that tax returns are uninformative got the attention of financial advisors of all political stripes.

  • US may gather intel on North Korean missile test

    Ash Carter says the US might monitor an intercontinental ballistic missile test, insted of shooting it down.

  • WASHINGTON, Jan 11- The U.S. Interior Department on Wednesday recommended federal coal leasing reforms to ensure taxpayers receive the fair value of the fuel and account for its impact on climate change, but the incoming administration could derail those measures. Federal coal, primarily from Wyoming's Powder River Basin, accounts for more than 40 percent of...

  • *Risk-avoidance mood before USDA weakens grains, soybeans. The USDA on Thursday will release a series of estimates including U.S. quarterly grain stocks, U.S. annual crop production, U.S. winter wheat seeding and its monthly World Agricultural Supply and Demand Estimates. "Soybeans, wheat and corn are weaker today as people take risk off the table ahead of the USDA...

  • NEW YORK, United States- Federal Reserve Bank of New York President William Dudley is scheduled to attend an event "The Culture Imperative- An Interbank Symposium"- 1620 GMT. NAPLES, United States- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic conditions and monetary policy before a panel at the American Council of Life...

  • WASHINGTON, Jan 10- The U.S. Nuclear Regulatory Commission on Tuesday unveiled a letter showing that 17 of the country's nuclear reactors have parts from Areva SA's Le Creusot forge in France, which is under investigation for allegedly falsifying documents on the quality of its parts. Last month authorities in France opened an investigation into decades of...

  • WASHINGTON, Jan 10- The U.S. Nuclear Regulatory Commission released documents on Tuesday showing that 17 U.S. reactors have parts from Areva SA's Le Creusot forge in France, which is under investigation for allegedly falsifying documents on the quality of its parts. The number of reactors was more than the nine cited in previous reports. Last month, authorities...

  • WASHINGTON, Jan 10- The interest paid by the Fed to major banks last year jumped to $12 billion as the central bank's chief tool for raising rates nationally provided a boon to some of the country's largest financial institutions. Treasury are expected to fall to $92 billion, down $5.7 billion from a record $97.7 billion transferred in 2015..

  • Jan 10- Minneapolis Federal Reserve Bank directors voted to keep the rate commercial banks are charged for emergency loans unchanged ahead of the Fed's December policy-setting meeting, minutes from the discount rate meeting showed Tuesday. The discount rate had not budged since the Fed last raised its short-term rate target the previous December, and at the...