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White House Government Agencies

  • Sept 22- The Nasdaq hit a record intraday high on Thursday amid broad gains in U.S. stocks, a day after the Federal Reserve stood pat on interest rates. "The Fed probably appeared less hawkish than what the markets had expected," said Ryan Larson, head of equity trading at RBC Global Asset Management in Chicago. The probability of a November hike stands at a modest 12.4...

  • Sept 22- U.S. stocks looked set to rise at the open on Thursday, with the Nasdaq aiming at a record intraday high, a day after the Federal Reserve stood pat on interest rates. "The Fed probably appeared less hawkish than what the markets had expected," said Ryan Larson, head of equity trading at RBC Global Asset Management in Chicago. Wall Street rose on Wednesday, with the...

  • WASHINGTON, Sept 22- The number of Americans filing for unemployment benefits unexpectedly fell last week to a two-month low, pointing to labor market strength that could pave the way for the Federal Reserve to raise interest rates by December. Initial claims for state unemployment benefits declined 8,000 to a seasonally adjusted 252,000 for the week ended...

  • WASHINGTON, Sept 22- The number of Americans filing for unemployment benefits unexpectedly fell last week to a two-month low, pointing to labor market strength that could pave the way for the Federal Reserve to raise interest rates by December. Initial claims for state unemployment benefits declined 8,000 to a seasonally adjusted 252,000 for the week ended...

  • *Turkey, Indonesia cut rates, world total since 2015 almost 200. LONDON, Sept 22- Wall Street had record highs back in its sights on Thursday as world shares and bonds rallied after the Federal Reserve signalled an increasingly cautious approach to future U.S. rate increases. European markets followed Asia's lead, with Britain's FTSE 100 climbing 1.3 percent and...

  • CHICAGO, Sept 22- The Social Security Administration needs to up its game when it comes to helping retirees decide when to claim their benefits. The timing of a Social Security claim is the most important financial decision most workers will make about their retirement. The overriding message of the report is that the SSA needs to be more proactive about...

  • LONDON, Sept 22- A dovish U.S. Federal Reserve message gave emerging markets renewed impetus on Thursday, pushing the benchmark equity index to two-week highs while currencies firmed, led by the South African rand hitting one-month highs. "Our view has been that both the BOJ and the Fed would be non-events and people would come back to buy," said David Hauner head of...

  • *European, Asian shares jump after Wall St gains 1 pct. LONDON, Sept 22- World shares and bonds rallied on Thursday, after the Federal Reserve left U.S. interest rates unchanged and slowed the pace of future hikes, weakening the dollar and lifting commodity prices. European markets followed Wall Street and Asia's lead with Britain's FTSE 100 climbing 0.6 percent...

  • *Australia, New Zealand say could cut later. Federal Reserve made it easier this week for central banks in the Asia Pacific to stay dovish, with Indonesia lowering rates on Thursday and Australia and New Zealand saying they could cut later. Bank Indonesia made its fifth rate cut this year, trimming its policy rate by 25 basis points to 5.00 percent to nudge economic...

  • LONDON, Sept 22- Sterling rebounded from a five-week low against the dollar on Thursday, boosted by renewed weakness in the greenback after the Federal Reserve kept monetary policy steady and projected a less aggressive path for rate hikes in coming years. That low was not far from a three-decade trough of $1.2798 struck in early July, shortly after Britain's...

  • SINGAPORE/ SYDNEY, Sept 22- Asian shares rallied on Thursday, taking their cue from Wall Street, after the Federal Reserve left U.S. interest rates unchanged and slowed the pace of future hikes, knocking the dollar and lifting commodity prices. European markets are likely to follow suit, with financial spreadbetters predicting Britain's FTSE 100 will open up as...

  • SHANGHAI, Sept 22- China's yuan eased on Thursday despite a broadly weaker dollar as investors bought the U.S. currency on the cheap after the U.S. Traders also shrugged off a higher mid-point rate set by the People's Bank of China, at 6.6513 per dollar- the strongest level since Aug.26, and firmer than the previous fix at 6.6738. "Many market participants believe the...

  • *Asian shares jump after Wall St gains 1 pct. SINGAPORE/ SYDNEY, Sept 22- Asian shares rallied on Thursday, taking their cue from Wall Street, after the Federal Reserve left U.S. interest rates unchanged and slowed the pace of future hikes, knocking the dollar and lifting commodity prices. MSCI's broadest index of Asia-Pacific shares outside Japan extended gains to...

  • SINGAPORE/ SYDNEY, Sept 22- Asian shares surged on Thursday, taking their cue from Wall Street, after the Federal Reserve left U.S. interest rates unchanged and slowed the pace of future hikes, slugging the dollar and lifting commodity prices. MSCI's broadest index of Asia-Pacific shares outside Japan advanced 0.9 percent in its sixth straight session of gains,...

  • *Spot gold was down 0.2 percent at $1,333.86 an ounce by 0053 GMT. *U.S. gold futures rose 0.5 percent to $1,338.40 an ounce. *Employment in the euro zone is rising faster than expected and this may continue, but at a cost to productivity and potentially to long-term economic growth, European Central Bank research showed on Wednesday.

  • SYDNEY, Sept 22- Asian shares look set to rise for a sixth straight session on Thursday after the Federal Reserve left U.S. rates unchanged and plotted a lower trajectory for future hikes, slugging the dollar and boosting commodity prices. MSCI's broadest index of Asia-Pacific shares outside Japan was seen testing its recent one-year peak.

  • *S&P 500 gains 1.1 percent after Fed decision. NEW YORK, Sept 21- U.S. stocks rallied and the dollar index eased further on Wednesday after the Federal Reserve left U.S. interest rates unchanged, keeping its low-rate environment intact for now. And you could argue the market was satisfied that you didn't see a Fed anxious to raise rates dramatically, "said Quincy...

  • Sept 21- Wednesday brought a double gift for risk investors: the usual, as the Federal Reserve declined yet again to raise rates, and the exotic, as the Bank of Japan declined to carry on undercutting its financial sector. The contrast between the supportive framework for asset prices and the disappointing outcomes for the economies in question is stark.

  • NEW YORK, Sept 21- Wall Street racked up gains on Wednesday, and the Nasdaq closed at a record high, after the U.S. Federal Reserve kept interest rates unchanged, for now leaving intact the low-rate environment that has helped underpin the bull market. The Dow Jones industrial average rose 163.81 points, or 0.9 percent, to 18,293.77, the S&P 500 gained 23.34 points, or...

  • *U.S. central bank says case for rate increase stronger. WASHINGTON, Sept 21- The U.S. Fed Chair Janet Yellen, speaking after the central bank's latest policy statement, said U.S. growth was looking stronger and rate increases would be needed to keep the economy from overheating and fueling high inflation.