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White House Government Agencies

  • CHICAGO, Jan 7- A push by Washington for more business-friendly regulation and fiscal support for the economy could improve America's mix of policies which in recent years have relied too much on the Federal Reserve, Fed Governor Jerome Powell said. "We may be moving more to a more balanced policy with what sounds like more business-friendly regulation and...

  • Owner of the New York Observer Jared Kushner attends the New York Premiere of 'The Hunting Party' at the Paris Theater on August 22, 2007 in New York City.

    With Jared Kushner laying the groundwork for a White House role, his business dealings are under scrutiny, The NY Times reports.

  • CHICAGO, Jan 7- Low interest rates have helped the Federal Reserve get close to meeting its goals for employment and inflation and have yet to create financial instability, Federal Reserve Governor Jerome Powell said on Saturday. "Low rates can lead to excessive leverage and broadly unsustainable asset prices- things that we watch carefully for and do not...

  • CHICAGO- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in a panel discussion on "Ending too-big-to fail" at the American Economic Association conference- 1615 GMT. CHICAGO- Federal Reserve Bank of Chicago President Charles Evans speaks on economic outlook before the CFA Society Chicago- 1800 GMT. HARTFORD, United States- Federal...

  • CHICAGO, Jan 6- Chicago Federal Reserve President Charles Evans said on Friday the central bank could raise interest rates three times this year, faster than he had expected just a few months ago and in line with the majority of his colleagues. "I still think two is not an unreasonable expectation," Evans told reporters in Chicago, adding that if the economic data...

  • CAPE CANAVERAL, Fla., Jan 6- Elon Musk's SpaceX rocket company has been cleared to resume flying following a launch pad explosion four months ago, the U.S. Federal Aviation Administration said on Friday. Liftoff from Vandenberg Air Force Base in California is targeted for around 10:22 a.m. PST/ 1:22 p.m. EST. The FAA, which oversees commercial U.S. space launches,...

  • WASHINGTON, Jan 6- U.S. employment increased less than expected in December but a rebound in wages pointed to sustained labor market momentum that sets up the economy for stronger growth and further interest rate increases from the Federal Reserve this year. Nonfarm payrolls rose by 156,000 jobs last month, the Labor Department said on Friday.

  • NEW YORK, Jan 6- Traders on Friday expected the Federal Reserve would raise U.S. interest rates further in 2017 following data that showed a pickup in wage growth in December, reinforcing the notion inflation is closing in on the Fed's 2 percent goal. We are finally seeing it, "said Jeffrey Cleveland, chief economist at Payden& Rygel in Los Angeles.

  • CHICAGO, Jan 6- Chicago Federal Reserve President Charles Evans said on Friday the central bank could raise interest rates three times this year, faster than he had expected just a few months ago and in line with the majority of his colleagues. "I still think two is not an unreasonable expectation... but it's going to depend on how the data roll out, and if it's a little...

  • WASHINGTON, Jan 6- U.S. employment increased less than expected in December but a rebound in wages pointed to sustained labor market momentum that sets up the economy for stronger growth and further interest rate increases from the Federal Reserve this year. Nonfarm payrolls rose by 156,000 jobs last month, the Labor Department said on Friday.

  • WASHINGTON, Jan 6- The U.S. Environmental Protection Agency has approved a fix for about 70,000 polluting Volkswagen diesel vehicles, involving an initial software change available now, it said on Friday. The German automaker agreed to buy back up to 475,000 polluting 2009-2015 vehicles in June at a cost of as much as $10.033 billion, or fix them if regulators...

  • CAPE CANAVERAL, Fla., Jan 6- Elon Musk's SpaceX rocket company has been cleared to resume flying following a launch pad explosion four months ago, the U.S. Federal Aviation Administration said on Friday. Liftoff from Vandenberg Air Force Base in California is targeted for around 10:26 a.m. PST/ 1:26 p.m. EST. The FAA, which oversees commercial U.S. space launches,...

  • WASHINGTON, Jan 6- The U.S. Federal Reserve may have to raise interest rates quicker than markets currently predict should the Trump administration's fiscal stimulus boost the economy, Richmond Fed President Jeffrey Lacker said in prepared remarks on Friday. U.S. employment rose less than expected in December but a rebound in wages pointed to sustained labor...

  • WASHINGTON, Jan 6- The U.S. Environmental Protection Agency has approved a fix for about 70,000 polluting Volkswagen diesel vehicles, it said on Friday. The German automaker agreed to buy back up to 475,000 polluting 2009-2015 vehicles in June at a cost of as much as $10.033 billion, or fix them if regulators approved. "With today's approval, VW can offer vehicle...

  • WASHINGTON, Jan 6- The U.S. Environmental Protection Agency has approved a fix for about 70,000 polluting Volkswagen diesel vehicles, it said on Friday. The German automaker agreed to buy back up to 475,000 polluting 2009-2015 vehicles in June at a cost of as much as $10.033 billion, or fix them if regulators approved. The vehicles covered by the approved fix are...

  • *Oil prices fall on doubts over OPEC production cut compliance. NEW YORK, Jan 6- Global equity prices edged lower on Friday after December's U.S. non-farm payrolls report showed a slowing in hiring but an increase in wages, setting the economy up for further interest rate increases from the Federal Reserve this year. "There's still improvement to be made,...

  • WASHINGTON, Jan 6- U.S. employment increased less than expected in December but a rebound in wages pointed to sustained labor market momentum that sets up the economy for stronger growth and further interest rate increases from the Federal Reserve this year. Nonfarm payrolls rose by 156,000 jobs last month, the Labor Department said on Friday.

  • WASHINGTON, Jan 6- U.S. employment increased less than expected in December but a rebound in wages pointed to sustained labor market momentum that sets up the economy for stronger growth and further interest rate increases from the Federal Reserve this year. Nonfarm payrolls increased by 156,000 jobs last month, the Labor Department said on Friday.