White House Government Agencies

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  • NEW YORK, Feb 22- China, Japan and other overseas central banks are leaving more of their dollars with the U.S. Primary dealers, or the top 22 Wall Street firms that do business directly with the Fed, held $113.5 billion worth of Treasuries in the week ended Feb. 10, the most since October 2013. "They have been selling their Treasuries holdings and using more the Fed's...

  • TV Cable Box FCC

    With a vote to free boxes from the stranglehold of cable providers, the FCC may have triggered a battle between media companies of all stripes.

  • *EPA asking VW to build electric charging stations-paper. The paper, which gave no source for its report, said the EPA was asking VW to produce electric vehicles at its plant in Chattanooga, Tennessee, and to help build a network of charging stations for electric vehicles in the United States. It was not clear from Welt am Sonntag's report whether the EPA was asking...

  • The paper, which gave no source for its report, said the EPA was asking VW to produce electric vehicles at its plant in Chattanooga, Tennessee, and to help build a network of charging stations for electric vehicles in the United States. It was not clear from Welt am Sonntag's report whether the EPA was asking VW to produce new models or existing ones.

  • NEW YORK, Feb 19- With next week's calendar full of economic data releases and speeches by economic policymakers, investors have been poised to watch the Federal Reserve for clues about the U.S. central bank's next move, but an unexpectedly hot reading on inflation on Friday will further sharpen that focus. "The inflation numbers definitely caught the markets...

  • LOS ANGELES, Feb 19- The U.S. Department of Justice filed a motion seeking to compel Apple Inc to comply with a judge's order for the company to unlock the iPhone belonging to one of the San Bernardino shooters, escalating a showdown between the Obama administration and Silicon Valley over security and privacy. The Federal Bureau of Investigation is seeking the...

  • NEW YORK, Feb 19- William Dudley has been reappointed as president of the Federal Reserve Bank of New York, as expected, giving him another five years as one of the U.S. central bank's most influential policymakers. Members of the New York Fed's board who are not affiliated with private banks voted to reappoint Dudley to a term beginning March 1.

  • NEW YORK, Feb 19- Global equity markets retreated on Friday, but were off earlier lows as oil prices weakened, while short-dated U.S. bond prices rose after economic data raised the possibility of an interest rate hike by the Federal Reserve this year. Advances earlier in the week were sparked by moves by oil producers, including Saudi Arabia and Russia, to cap...

  • WASHINGTON, Feb 19- A rise in the barometer of consumer prices most familiar to Americans has failed to show up in an inflation measure closely watched by the Federal Reserve, making it unlikely the central bank will raise interest rates next month. The Labor Department said on Friday its Consumer Price Index rose 2.2 percent in January from a year earlier when...

  • Feb 19- India's Lupin Ltd will divest two generic drugs sold by Gavis Pharmaceuticals LLC to clear antitrust hurdles related to its $880 million acquisition of the company, the U.S. Federal Trade Commission said on Friday. The two drugs, used to treat bacterial infections and ulcerative colitis, will be sold to New Jersey- based generic drugmaker G&W...

  • WASHINGTON, Feb 19- U.S. agencies on Friday eased the rules for examinations of well-managed small banks, allowing them to be inspected every 18 months instead of annually. The change approved by the Federal Reserve and other U.S. bank regulators will apply to around 617 "well-capitalized and well-managed" banks and savings associations with less than $1...

  • SARASOTA, Fla., Feb 19- Improving U.S inflation data and underlying strength in the economy should keep the Federal Reserve on track to gradually raise interest rates, Cleveland Federal Reserve President Loretta Mester said on Friday. "My feeling is the path of interest rates to support the economy is going to be still one where we gradually reduce the amount of...

  • Feb 19- The U.S. Food and Drug Administration approved Belgian drugmaker UCB SA's drug as an add-on therapy to treat partial seizures caused by epilepsy. The FDA approval comes nearly two months after the European health regulators recommended approval of the drug, Briviact, in Europe. About 50 million people worldwide have epilepsy, making it one of the most...

  • Feb 19- U.S. stocks opened lower on Friday as a rally in oil prices fizzled out and data showed that inflation firmed in January, that could allow the Federal Reserve to gradually raise interest rates this year.

  • WASHINGTON, Feb 19- Rising rents and medical costs lifted underlying U.S. inflation in January by the most in nearly 4-1/ 2 years, signs of a pick-up in price pressures that could allow the Federal Reserve to gradually raise interest rates this year. The Labor Department said on Friday its Consumer Price Index, excluding the volatile food and energy components,...

  • WASHINGTON, Feb 19- Rising rents and medical costs lifted underlying U.S. inflation in January by the most in nearly 4-1/ 2 years, signs of an uptick in price pressures that could allow the Federal Reserve to gradually raise interest rates this year. The Labor Department said on Friday its Consumer Price Index, excluding the volatile food and energy components,...

  • John Williams, Federal Reserve Bank of San Francisco

    The Federal Reserve should stick with its plan to raise interest rates gradually, a top policymaker said on Thursday.

  • FRANKFURT, Feb 19- Top managers at Volkswagen do not expect an agreement before the end of March with U.S. authorities over the German carmaker's rigging of emissions tests, German monthly Manager Magazin reported on Friday, citing company sources. Negotiations are dragging on because the U.S. Environmental Protection Agency is demanding a long distance test...

  • LOS ANGELES, Feb 18- The Federal Reserve should stick with its plan to raise interest rates gradually, a top policymaker said on Thursday, given his view that unemployment is headed to 4.5 percent by late this year and inflation is set to reach 2 percent in two years. San Francisco Fed President John Williams said his outlook has changed little since December, when...

  • LOS ANGELES, Feb 18- The Federal Reserve should stick with its plan to raise interest rates gradually, a top policymaker said on Thursday, given his view that unemployment is headed to 4.5 percent by late this year and inflation is set to reach 2 percent in two years. San Francisco Fed President John Williams said his outlook has changed little since December, when...