White House Government Agencies

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  • Tax Audit

    A look at 10 reasons the Internal Revenue Service decides to audit taxpayers, from clerical errors to undeclared foreign income.

  • LONDON, April 18- The latest dispute to blow up around the International Agency for Research on Cancer concerns glyphosate, an ingredient in one of the world's most widely-used weed killers, Roundup, made by Monsanto. The World Health Organization- IARC's parent organization- and the United States Environmental Protection Agency, which first assessed...

  • Trump, Clinton trail as Wisconsin voters head to polls

    The two major party frontrunners are broadly unpopular with the public, a new NBC News-Wall Street Journal poll showed.

  • April 15- The U.S. Food and Drug Administration has rejected Chiasma Inc's experimental drug to treat adults with a type of growth disorder, the company said on Friday. The Food and Drug Administration issued a complete response letter for Mycapssa indicating that the review cycle for the application was complete and that the therapy was not ready for approval...

  • April 15- The U.S. Food and Drug Administration on Friday rejected Chiasma Inc's drug to treat adults with a type of growth disorder. The drug, Mycapssa, was being evaluated in patients with acromegaly, a growth disorder which can result in serious illness and premature death. Chiasma said it was reviewing the FDA communication and would provide an update on...

  • WASHINGTON, April 15- The U.S. Federal Reserve and the Federal Deposit Insurance Corporation said on Friday they had reissued their letter from earlier in the week to Morgan Stanley about the bank's "living will," or plan for a bankruptcy that would not rely on federal aid, because of a technical error. "The feedback letter for Morgan Stanley has been re-issued due to...

  • Speculators in four major NYMEX and ICE markets reduced their bullish bets by 1,096 contracts to 15,515 in the week to April 12, the U.S. Commodity Futures Trading Commission said on Friday. Gas futures on the NYMEX averaged $1.97 per mmBtu during the five trading days ended April 12, the same as the prior week. Spot gas prices at the Henry Hub benchmark have...

  • Speculators in four major NYMEX and ICE markets reduced their bullish bets by 1,096 contracts to 15,515 in the week to April 12, the U.S. Commodity Futures Trading Commission said on Friday.

  • WASHINGTON, April 15- The Obama administration on Friday weighed in on the debate over allowing consumers to switch from pricey cable television boxes to less expensive devices, urging regulators to set an example for the rest of government on how to boost competition. The Federal Communications Commission in February proposed a rule to open competition in...

  • WASHINGTON, April 15- Renata Hesse, who has been in the midst of enforcing antitrust law during a surge of aggressive corporate dealmaking, has been named to head the Justice Department's Antitrust Division, U.S. Hesse, who has previously served as acting assistant attorney general for antitrust, also did a stint at the Federal Communications Commission, where...

  • "You could have a set a standards such that anyone could connect any box to their cable and those boxes could compete for lower prices and greater innovation," Jason Furman, the chairman of the Council of Economic Advisers told reporters in a teleconference. The Federal Communications Commission, an independent agency, in February proposed a rule opening...

  • WASHINGTON/ FRANKFURT, April 14- Central bankers usually worry about when to remove the punch bowl of cheap finance but when they gather in Washington, D.C. this week they will face a different problem: how to force the world to drink. A Chicago Federal Reserve Bank composite index of household, bank and corporate leverage has been below average for nearly four...

  • WASHINGTON, April 14- U.S. consumer prices barely rose in March and underlying inflation slowed, suggesting little urgency for a cautious Federal Reserve to raise interest rates in the near term. "A rate hike is unquestionably off the table for April, with a June rate increase increasingly unlikely barring a surge in domestic activity and perceived calm on the...

  • NEW YORK, April 14- The dollar fell against the yen on Thursday, snapping two days of gains, hurt by data showing benign U.S. inflation that should keep the Federal Reserve cautious in raising interest rates. Despite a European Central Bank's monetary easing, the euro has remained resilient against the dollar, gaining nearly 4 percent so far this year.

  • *Consumer prices rise 0.1 percent in March. WASHINGTON, April 14- U.S. consumer prices rose less than expected in March and underlying inflation slowed, suggesting the Federal Reserve will remain cautious about raising interest rates this year. The Labor Department said its Consumer Price Index gained 0.1 percent last month as a rebound in gasoline prices was...

  • Treasury debt prices pared losses slightly after the release of a weaker-than-expected March U.S. consumer price index survey on Thursday. U.S. consumer prices rose 0.1 percent in March, missing economists' expectations, and underlying inflation slowed, suggesting the Federal Reserve will remain cautious about raising interest rates this year.

  • WASHINGTON, April 14- U.S. consumer prices rose less than expected in March and underlying inflation slowed, suggesting the Federal Reserve will remain cautious about raising interest rates this year. The Labor Department said on Thursday its Consumer Price Index gained 0.1 percent last month as a rebound in gasoline prices was partly offset by a drop in the...

  • FRANKFURT, April 14- Central bankers gather this week in Washington for the International Monetary Fund's spring meetings amid continued questions about the global economy. Federal Reserve is cautiously raising rates, central banks from the euro zone to Japan moved in the opposite direction, fueling fears of a' currency war' among countries trying to...

  • WASHINGTON/ FRANKFURT, April 14- Central bankers usually worry about when to remove the punch bowl of cheap finance but when they gather in Washington, D.C. this week they will face a different problem: how to force the world to drink. A Chicago Federal Reserve Bank composite index of household, bank and corporate leverage has been below average for nearly four...

  • WASHINGTON, April 13- The Federal Reserve and Federal Deposit Insurance Corporation are investigating how the Wall Street Journal came to report that the two agencies were giving failing grades to some U.S. banks' "living wills" the day before the regulators officially announced their determinations. A Fed spokesman, Eric Kollig, confirmed on Wednesday that...