×

White House Government Agencies

  • comments weigh@ SAO PAULO, Sept 23- Latin American stocks and currencies fell on Friday as investors booked profits from a two-day rally after Boston Federal Reserve President Eric Rosengren said he believed rates should be raised gradually now. The two currencies also suffered the impact of a 4- percent slump in crude prices, a key export and source of tax...

  • Amjevita is the fourth biosimilar to be approved by the FDA and is expected to be sold at a discount to the original drug. Unlike generics, which are interchangeable with their branded counterparts, biosimilars approved by the FDA to date are not considered interchangeable and therefore are not called generic. The FDA has determined, however, that there is no...

  • Amjevita is the fourth biosimilar to be approved by the FDA and is expected to be sold at a discount to the original drug. Unlike generics, which are interchangeable with their branded counterparts, biosimilars approved by the FDA to date are not considered interchangable and therefore are not called generic. The FDA has determined, however, that there is no...

  • SAN FRANCISCO, Sept 23- The split at the Federal Reserve over when to next raise interest rates appears to hinge largely on disagreements over the labor market outlook, comments from policymakers on Friday suggest. When the Fed earlier this week decided to stand pat on rates, Fed Chair Janet Yellen said she felt the labor market had more room to run before it could...

  • PHILADELPHIA, Sept 23- A trio of Federal Reserve officials said the United States needed to speed up work on issues like income inequality and community development, or risk weaker economic growth and more fractured politics in the future. "This inequality question that has come to the fore, I think, has implications for economic growth, for global strength and...

  • WASHINGTON/ NEW YORK, Sept 23- The Federal Reserve on Friday outlined a plan to limit Wall Street bets on the energy sector by forcing companies like Goldman Sachs and Morgan Stanley to hold more capital against such investments. The Fed also contemplated other limits like banning Wall Street control of power plants and prohibiting bank holding companies from...

  • *All three major indexes on track to end week higher. Sept 23- Wall Street was lower in early afternoon trading on Friday as investors assess valuations after a three-day rally spurred by optimism that the Federal Reserve will hold off from raising interest rates in the near term. "The market is taking a bit of a breather after a strong week," said Mike Bailey, director...

  • hike@ SAO PAULO, Sept 23- Most Latin American stocks and currencies fell on Friday as investors booked profits from a two-day rally after Boston Federal Reserve President Eric Rosengren said he believed rates should be raised gradually now. The two currencies also suffered the impact of a drop in crude prices, a key export and source of tax revenue for both Mexico...

  • MILAN, Sept 23 (Reuters)- European shares ended weaker on Friday, pulling back from two-week highs in the previous session after the Federal Reserve signalled an increasingly cautious approach to future rate hikes, with banks leading sectoral fallers. The pan-European STOXX 600 index ended 0.7 percent lower, retreating after closing at its highest level since...

  • WASHINGTON, Sept 23- The Federal Reserve on Friday outlined a plan to limit Wall Street bets on the energy sector by forcing enterprises like Goldman Sachs and Morgan Stanley to hold more capital against such investments. Those banks would have to hold more capital against energy and commodity investments and the Fed contemplated other restrictions like...

  • NEW YORK, Sept 23- World stock indexes edged lower on Friday, pulling back after recent gains fueled by optimism that the U.S. "There is some consolidation after the very active and positive week for stocks based on news flow from the central banks," said David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management. Europe's STOXX 600 was...

  • Sept 23- Neel Kashkari, president of the Minneapolis Federal Reserve Bank, said Friday that he was more worried about raising rates too quickly than too slowly, largely because the central bank is better equipped to fight high inflation than low inflation. Worry more about too quickly, "Kashkari tweeted, responding to a question about whether raising rates too...

  • WASHINGTON, Sept 23- The Federal Reserve on Friday outlined a plan to limit Wall Street bets on the energy sector by forcing enterprises like Goldman Sachs and Morgan Stanley to hold more capital against such investments. Under current law, Goldman Sachs Group Inc and Morgan Stanley may invest in energy storage and transportation in ways that other banks can...

  • FEDERAL RESERVE PROPOSES NEW LIMITS ON WALL STREET INVESTMENT IN COMMODITY SECTOR.

  • *No further cuts seen from Bank of England this year. LONDON, Sept 23- Global bond yields will rise modestly and spikes in volatility could be more commonplace in the coming years as loose central bank policy loses its potency, Pimco's bonds CIO said on Friday. Federal Reserve would raise interest rates, and that the Bank of England would not have to cut rates again...

  • NEW YORK, Sept 23- A federal judge has ordered the U.S. Commodity Futures Trading Commission to justify why a settlement with Deutsche Bank AG in a case over the bank's handling of swap reporting is fair and in the public interest. District Judge William Pauley in Manhattan said in an order on Thursday that while regulatory agencies like the CFTC should be...

  • *All three major indexes on track to end week higher. Sept 23- Wall Street was lower in late morning trading on Friday as investors assess valuations after a three-day rally spurred by optimism that the Federal Reserve will hold off from raising interest rates in the near term. "The market is taking a bit of a breather after a strong week," said Mike Bailey, director of...

  • WASHINGTON, Sept 23- The U.S. Federal Communications Commission said on Friday that AT&T Inc has agreed to pay a $450,000 fine for unauthorized operations of fixed wireless stations and will not engage in repeat behavior, resolving a lengthy government investigation. Over a four-year-period, AT&T operated many point-to-point microwave stations...

  • TORONTO, Sept 23- Canada's main stock index fell on Friday as investors pulled back after a strong rally this week following the U.S. At 10:21 a.m. EDT, the Toronto Stock Exchange's S&P/TSX composite index was down 43.03 points, or 0.29 percent, at 14,754.15. Royal Bank of Canada fell 0.6 percent to C $81.42 and Bank of Nova Scotia lost 0.7 percent to C $70.60.

  • LONDON, Sept 23- Gold edged back towards the previous session's two-week highs on Friday and stayed on track for its biggest weekly gain in nearly two months, after the Federal Reserve sounded a cautious note on the pace of interest rate hikes. Spot gold was up 0.2 percent at $1,338.36 an ounce at 1400 GMT, and was more than 2 percent higher on the week, its best weekly...