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White House Government Agencies

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  • *Chinese premiums ease to $4- $5. LONDON, March 23- Gold steadied on Monday, following a three-day rally that pushed it to its highest in two weeks, as a weaker dollar and caution from the Federal Reserve on the timing of a possible hike in U.S. interest rates generated modest investor interest. Gold is usually seen as an insurance against risk in times of financial or...

  • LONDON, March 23- The dollar index is not far from fair value but it is unclear how much more the U.S. currency will strengthen against the euro, St Louis Federal Reserve President James Bullard said on Monday. He also said an exit of Greece from the euro would be possible but prove very painful for Greece itself. "Greece would face a very different and I think bleak...

  • *Gold firm after 3- day rally. *Chinese premiums ease to $4- $5. SINGAPORE, March 23- Gold retained gains from a three-day rally on Monday to trade near its highest in two weeks, boosted by a weaker dollar and caution from the Federal Reserve on the timing of a possible hike in U.S. interest rates.

  • SINGAPORE, March 23- Gold extended gains into a fourth straight session on Monday to trade near its highest in two weeks, boosted by a weaker dollar and caution from the Federal Reserve on the timing of a possible hike in U.S. interest rates. *Spot gold had risen 0.3 percent to $1,185.35 an ounce by 0038 GMT. *Gold had dipped to a four-month low before the Fed meet last...

  • *Greek PM Tsipras to meet Merkel in Berlin. ROME, March 22- Markets still digesting an unexpectedly cautious message from the Federal Reserve will get more food for thought this week with U.S. inflation data and potentially rising risks of a Greek exit from the euro zone. Bank of Japan Governor Haruhiko Kuroda dismissed talk of competitive devaluations to spur...

  • NEW YORK, March 20- American International Group Inc shareholders won approval on Friday of a $970.5 million settlement resolving claims they were misled about its subprime mortgage exposure, leading to a liquidity crisis and $182.3 billion in federal bailouts. The U.S. Justice Department and U.S. Securities and Exchange Commission closed related probes...

  • Commercial drone flights are generally banned in the United States, except in a small number of cases where the FAA has granted an exemption. The FAA could announce the change next week, ahead of a congressional hearing on drones scheduled for Tuesday, these people added. The FAA had no immediate comment.

  • NEW YORK, March 20- American International Group Inc shareholders won approval on Friday of a $970.5 million settlement resolving claims they were misled about its subprime mortgage exposure, leading to a liquidity crisis and $182.3 billion in federal bailouts. The U.S. Justice Department and U.S. Securities and Exchange Commission closed related probes...

  • ATHENS, Ga., March 20- Atlanta Federal Reserve President Dennis Lockhart said on Friday he expects the U.S. central bank to raise interest rates at either its June, July or September policy meetings, barring a significant downturn in the U.S. economy. The lower economic forecasts issued by the Fed this week reflect mostly "transient" issues that neither...

  • ATHENS, Ga., March 20- Atlanta Federal Reserve President Dennis Lockhart said on Friday he expects the U.S. central bank to raise interest rates at either its June, July or September policy meetings, barring a significant downturn in the U.S. economy. The lower economic forecasts issued by the Fed earlier this week reflect mostly "transient" changes that do not...

  • ATHENS, Ga., March 20- The Federal Reserve is still coming to grips with how large insurance companies should be regulated to protect the financial system, Atlanta Fed President Dennis Lockhart said on Friday. The U.S. central bank is studying whether some insurance companies offer products or engage in activities that pose a broader financial risk- similar to...

  • ATHENS, Ga., March 20- U.S. regulators need to step up monitoring of shadow banks as part of their effort to build a more stable financial system, Atlanta Federal Reserve President Dennis Lockhart said on Friday. Shadow banks, the massive network of financial firms that falls outside of formal banking regulations, may not need to come under the same rules as...

  • LONDON, March 20- The euro headed for its best week in more than two years on Friday while yields on low-rated bonds fell as investors welcomed the Fed's caution on rate hikes and a reform pledge from Athens that could avert a cash crunch. Illustrating the problems low inflation is causing for central banks looking to normalise monetary policy in countries such...

  • LONDON, March 20- The euro nudged towards its best week in 18 months while yields on low-rated bonds fell as investors welcomed the Fed's cautious approach to raising interest rates and a reform pledge from Athens that could avert a cash crunch. Illustrating the problems low inflation is causing for central banks looking to normalise monetary policy in the...

  • *Gold up 1 pct for the week after hitting 4- mth low earlier Dovish Fed boosts demand for gold. SINGAPORE, March 20- Gold held recent gains to trade near a two-week high on Friday and was headed for its biggest weekly jump since January, after the Federal Reserve cautioned over its rate hike path and U.S. economic growth. "Gold still getting traction from dovishly...

  • SINGAPORE, March 20- Gold retained recent gains to trade near a two-week high on Friday and was headed for its biggest weekly jump since January after the Federal Reserve cautioned over its rate hike path and U.S. economic growth. *Spot gold was steady at $1,170.80 an ounce by 0032 GMT, near a two-week high of $1,177.46 hit on Thursday. *Gold had dipped to a four-month...

  • TOKYO, March 20- Asian stocks slipped on Friday as Federal Reserve-inspired gains petered out, while the dollar steadied after rebounding from the shock of a surprisingly dovish U.S. central bank. MSCI's broadest index of Asia-Pacific shares outside Japan was little changed after rallying 1.3 percent the previous day. "Crude oil is falling again and if U.S....

  • TOKYO, March 20- The dollar edged lower in early Asian trade on Friday but remained well above this week's lows plumbed after the Federal Reserve's dovish stance on interest rates sent the greenback tumbling. A majority of Wall Street's top banks now see the Fed holding off until at least September before raising rates, with odds fading for a June hike, a Reuters...

  • DIARY- Top Economic Events to April 1 Thursday, 19 Mar 2015 | 8:01 PM ET

    MIAMI, United States- U.S Treasury Secretary Jack Lew will participate in a moderated conversation hosted by the Greater Miami Chamber of Commerce and Miami Dade College. ATHENS, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart speaks on monetary policy and the economic outlook before the Georgia Law Review Symposium- 1420 GMT.

  • SAN FRANCISCO, March 19- Key staff members at the U.S. Federal Trade Commission were in favor of suing Google Inc for violating antitrust rules before the agency settled its investigation in 2013, according a confidential report cited by the Wall Street Journal on Thursday. The report recommended suing Google for several of its business practices.