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White House Government Agencies

  • Sept 28- Wall Street was set to open little changed on Wednesday as investors awaited Federal Reserve Chair Janet Yellen's testimony before a Congressional committee. Five Fed officials from various states are also scheduled to speak at separate events, including voting members Esther George, James Bullard and Loretta Mester. "I don't expect a major shift in...

  • Republican presidential candidate Donald Trump speaks at a rally Tuesday, Sept. 27, 2016, in Melbourne, Fla.

    Donald Trump, all day Tuesday, maintained he won a debate that most pundits, and many polls, said he lost.

  • *Oil up on U.S. inventories data, eyes on Algiers talks. LONDON, Sept 28- A recovery in Deutsche Bank shares helped push European stocks higher on Wednesday, easing concerns over Germany's financial sector that had hit equities in Asia and drove investors into safe-haven government bonds and the dollar. Federal Reserve Chair Janet Yellen and European Central...

  • Sept 28- U.S. stock index futures were little changed on Wednesday as investors awaited Federal Reserve Chair Janet Yellen's testimony before a Congressional Committee. *Fed presidents and voting members Esther George, James Bullard and Loretta Mester are among the five officials scheduled to speak at separate events through the day. The report is due at...

  • LONDON, Sept 28- The dollar rose against the yen and a basket of currencies on Wednesday, with the focus shifting to Federal Reserve chair Janet Yellen's semi-annual testimony before a Congressional committee later in the day. It was up 0.3 percent at 100.70 after setting a one-month low of 100.085 yen on Tuesday. The euro was flat at $1.1210, having come under...

  • Sept 28- Japan's Takata Corp is in talks with the U.S. Department of Justice to resolve allegations of criminal wrongdoing related to its faulty air bags, the Wall Street Journal reported on Wednesday. Federal prosecutors have found evidence of unlawful conduct in Takata's handling of rupture-prone air bags and are waiting for the company's proposal on how to...

  • *Traders watching Algiers oil producers' meeting. LONDON, Sept 28- Gold prices hit a one-week low on Wednesday, as the dollar firmed and investors shifted their focus to Federal Reserve chair Janet Yellen's testimony later in the day. "It is probably going to be a case of watching out for these Fed officials' comments," Mitsubishi Corp analyst Jonathan Butler said.

  • SAN FRANCISCO, Sept 27- The Federal Reserve can raise interest rates without threatening the U.S. economic recovery, a top Federal Reserve policymaker said on Tuesday, saying the central bank risks doing more harm by continued inaction. "It is getting harder and harder to justify interest rates being so incredibly low given where the U.S. economy is and where it is...

  • *Oil up on U.S. inventories data, eyes on Algiers talks. LONDON, Sept 28- A rise in Deutsche Bank shares helped push European stocks higher on Wednesday, easing concerns over Germany's financial sector that had hit equities in Asia and drove investors into safe-haven government bonds and the dollar. Federal Reserve Chair Janet Yellen's appearance before a...

  • LONDON, Sept 28- The dollar rose against the yen and a basket of currencies on Wednesday, with focus shifting to the Federal Reserve chair Janet Yellen's testimony later in the day. It was up 0.2 percent at 100.60 after setting a one-month low of 100.085 yen on Tuesday. The euro was down 0.2 percent at $1.1190, having come under pressure in the past session on concerns...

  • TOKYO, Sept 28- Japanese government bonds rose on Wednesday, as the Bank of Japan's smooth JGB purchase operations reassured investors. U.S. long-dated Treasury debt yields fell to three-week lows on Tuesday on concerns about ongoing problems at Deutsche Bank, Germany's largest lender, which could again delay the next interest rate hike by the Federal Reserve,...

  • ST. LOUIS, United States- Federal Reserve Bank of St. Louis President James Bullard gives welcome remarks before the Community Banking in the 21st Century Conference hosted by the Federal Reserve Bank of St. Louis- 1415 GMT. ST. LOUIS, United States- Federal Reserve Bank of Chicago President Charles Evans speaks before the Community Banking in the 21st Century...

  • SAN FRANCISCO, Sept 27- The Federal Reserve can raise interest rates without threatening the U.S. economic recovery, a top Federal Reserve policymaker said on Tuesday, saying the central bank risks doing more harm by continued inaction. "It is getting harder and harder to justify interest rates being so incredibly low given where the U.S. economy is and where it is...

  • NEW YORK, Sept 27- U.S. long-dated Treasury debt yields fell to three-week lows on Tuesday on concerns about ongoing problems at Deutsche Bank, Germany's largest lender, which could again delay the next interest rate hike by the Federal Reserve. Deutsche Bank, whose stock has shed over 10 percent in the last two days and more than 50 percent so far this year, is...

  • NEW YORK, Sept 27- A former Goldman Sachs Group Inc managing director and the bank have settled dueling lawsuits over his claim for legal fees stemming from probes into his alleged use of confidential U.S. Jiampietro had sued Goldman in July to force it to cover his legal expenses, then estimated at $450,000, for probes the Fed and the Financial Industry...

  • WASHINGTON, Sept 27- The Federal Reserve should avoid raising interest rates too much, Fed Vice Chairman Stanley Fischer said on Tuesday, adding that gains in U.S. incomes are a sign that workers are benefiting from a tighter labor market. "I don't want to raise the interest rate too much," Fischer told students at Howard University. Only one of its 17 policymakers is...

  • WASHINGTON, Sept 27- American men in their prime working years may be hunting for jobs at a lower rate because of public assistance income and a drop in demand for low skilled labor, Federal Reserve Governor Stanley Fischer said on Tuesday. Speaking at Howard University in Washington, Fischer did not address the outlook for the U.S. economy or for monetary policy...

  • jitters@ NEW YORK, Sept 27- U.S. long-dated Treasury debt yields fell to three-week lows on Tuesday on concerns about ongoing problems at Deutsche Bank, Germany's largest lender, which could delay yet again the timing of the next interest rate hike by the Federal Reserve. Monday's night's U.S. presidential debate between Hillary Clinton and Donald Trump...

  • *Committed investors see payoff from solid Asia returns. SINGAPORE, Sept 23- Having weathered almost two years of volatility spurred by a fickle Federal Reserve, most long-term investors in Asia's emerging markets barely blinked this week as the Fed once again redrew the future path of U.S. interest rates. "The idea that yields are going to be lower for longer is...

  • *China 2016, 2017 growth upped by 0.1 pct pts to 6.6 pct, 6.4 pct. MANILA, Sept 27- The Asian Development Bank kept its growth estimates for developing Asia for this year and next at 5.7 percent, saying sustained expansion in China and India can steady the region but warned of risks from a looming U.S. interest rate hike. "Strong growth in China and India is helping the...