White House Government Agencies

  • NEW YORK, May 19- Oil prices settled largely unchanged on Thursday as worries about Canadian and Nigerian supply outages offset the impact of a stronger dollar, which has rallied on growing expectations the Federal Reserve will raise interest rates next month. But Brent and WTI closed sharply off the session lows due to crude export problems facing Canada's...

  • NEW YORK, May 19- U.S. Treasury prices rose on Thursday as markets rebounded from Wednesday's sell-off and priced down the odds of a Federal Reserve interest rate increase after evenhanded remarks from New York Fed President William Dudley. "The market was rallying even prior to Dudley and I don't think he said much new today but he seems to be tempering the...

  • A Puerto Rican and an American flag fly outside the Capitol of Puerto Rico, home to the Senate and House of Representatives, in San Juan, Puerto Rico, on Sunday, May 1, 2016.

    A bill to help aid the fiscally strapped island of Puerto Rico was unveiled late on Wednesday by House Republicans after a month of negotiations.

  • NEW YORK, May 19- A healthier U.S. economy which leads the Federal Reserve to raise interest rates again soon may dampen spirits at companies which are just starting to see some relief from the strong dollar of the past two years. The minutes of the Fed's April policy meeting published on Wednesday indicated most policymakers felt a rate increase could be needed...

  • NEW YORK, May 19- The U.S. economy could be strong enough to warrant an interest rate increase in June or July, New York Federal Reserve President William Dudley said on Thursday, cementing Wall Street's view that the Fed will tighten policy soon. He added, though, that a key factor arguing for the Fed biding its time a little was the potential for market turmoil around...

  • May 19- The top Democrat on the Senate Homeland Security Committee sought information Thursday from global financial network SWIFT and the Federal Reserve Bank of New York on steps being taken to bolster cyber security in the wake of the theft of $81 million from the central bank of Bangladesh. In his letters, Carper said there appeared to be no evidence the...

  • May 19- The S&P 500 and Dow touched two-month lows on Thursday, a day after hawkish comments from the Federal Reserve suggested interest rates could be hiked as early as June. New York Fed President William Dudley said on Thursday that June is definitely a "live" meeting and that a rate hike in June or July is a reasonable expectation. Prices for contracts on the Fed...

  • NEW YORK, May 19- U.S. Treasury prices rose on Thursday as markets rebounded from Wednesday's sell-off and priced down the odds of a Federal Reserve interest rate increase after evenhanded remarks from New York Fed President William Dudley. "The market was rallying even prior to Dudley and I don't think he said much new today but he seems to be tempering the...

  • *Weekly jobless claims drop 16,000. WASHINGTON, May 19- The number of Americans filing for unemployment aid fell from a 14- month high last week, the latest sign the economy was picking up speed in the second quarter and likely would be healthy enough for the Federal Reserve to raise interest rates in June. Minutes from the Fed's April 26-27 policy meeting,...

  • NEW YORK, May 19- The U.S. economy could be strong enough to warrant an interest rate increase in June or July, New York Federal Reserve President William Dudley said on Thursday, in the latest sign Wall Street may be underestimating the chances of near-term monetary tightening. The New York Fed chief said he was "quite pleased" that investors had increased bets on...

  • Senator Tom Carper, a Democrat from Delaware, has sought information from the Federal Reserve Bank of New York and SWIFT on steps being taken to protect banks against cybersecurity threats following attacks on the network. On May 15, Vietnam's Tien Phong Bank said that it interrupted an attempted cyber heist that involved the use of fraudulent SWIFT messages,...

  • NEW YORK, May 19- The U.S. dollar rose slightly against the euro and Swiss franc on Thursday after the president of the New York Federal Reserve said the central bank was on track for a rate hike in June or July, but the greenback slipped against the safe-haven yen on risk aversion. The euro was last down 0.11 percent against the dollar at $1.1204 after the comment from...

  • NEW YORK, May 19- Stocks around the world sold off on Thursday, while the U.S. dollar gained, pressuring oil prices, as increased expectations that the Federal Reserve could raise interest rates in the near term rippled through financial markets. Speaking on Thursday, New York Fed President William Dudley said the Fed is on track for a U.S. rate hike in June or July.

  • Senator Tom Carper, a Democrat from Delaware, has sought information from the Federal Reserve Bank of New York and Society for Worldwide Interbank Financial Telecommunication on steps being taken to protect banks against cybersecurity threats following attacks on the network.

  • *Wal-Mart surges as results beat estimates. May 19- U.S. stocks fell sharply on Thursday after the Federal Reserve signaled the possibility of an interest rate hike as early as June and a stronger dollar and oversupply concerns pressured oil prices. New York Fed President William Dudley said on Thursday that June is definitely a "live" meeting and that a rate hike...

  • TORONTO, May 19- Canada's main stock index fell on Thursday to a one-week low, including losses for energy and financial stocks as Federal Reserve interest rate hike speculation weighed on commodity prices. Among the top decliners was First Quantum Minerals Ltd, down 4.81 percent to C $8.31, while Canadian Natural Resources dropped 2.39 percent to C $37.10.

  • *Wal-Mart surges 7.6 pct as results beat estimates. May 19- Wall Street opened lower on Thursday after the U.S. "The potential for a June rate hike has put the market on edge a little bit but we expect to see one in July and then another hike later in the year," said Ed Hyland, global investment specialist at JP Morgan Private Bank in Atlanta, Georgia.

  • May 19- U.S. stocks were lower at the open on Thursday as oil prices fell and investors remained jittery over prospects of the Federal Reserve raising interest rates as early as next month.

  • May 19- Wall Street was set to open slightly lower on Thursday after strong quarterly results from Wal-Mart and Cisco helped limit the losses sparked by a possibility of the Federal Reserve raising interest rates as early as next month. "One of the drags on the market has been the retailer and some of the names yesterday and today that have done well has tempered...

  • May 19- U.S. stock index futures were lower on Thursday as investors digested the possibility of the Federal Reserve raising interest rates as early as next month. *Fed Vice Chair Stanley Fischer is expected to speak at a conference at 9:15 a.m. ET in New York, while New York Fed president William Dudley will speak at 10:30 a.m. ET. *Wall Street pared gains in...