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White House Government Agencies

  • PARIS, Dec 9- Just how fast the Federal Reserve hikes rates next year will be the all-important question global investors will be hoping to get answered when the U.S. central bank meets next week. Meanwhile, the Bank of England is widely expected to keep its key rate steady at 0.25 percent at a policy-setting meeting on Thursday and well beyond as it juggles risks...

  • Homeland Security linked to attempted hack of Georgia's election database

    A third-party security firm working for the state says the hack was traced back to the Department of Homeland Security.

  • WASHINGTON, Dec 9- Scott Pruitt, Donald Trump's pick to head the U.S. Environmental Protection Agency, has fought President Barack Obama's measures to curb climate change at every turn as attorney general of Oklahoma. That is because a little-used law called the Congressional Review Act allows Congress to erase such' midnight' rules with a simple majority vote,...

  • Phone call during flight

    Airlines would be required to provide notice to travelers that their flights may be disturbed by passengers making phone calls.

  • Dec 8- The U.S. Office of Financial Research has begun gathering data on bilateral repurchase agreements in an effort to increase transparency on the funding market, the head of the agency said on Thursday. On Nov. 4, the New York Federal Reserve said it was working jointly with the OFR on three benchmark rates based primarily on interest rates on tri-party repos.

  • Taxes

    A popular strategy to maximize after-tax returns uses losses to offset capital gains, but it can come with some risks.

  • President-elect Donald Trump plans to nominate wrestling magnate Linda McMahon as his choice to head the Small Business Administration, Trump's transition team said in a statement on Wednesday. He assembled an investor group to buy a failed California mortgage lender in 2009, rebranded it as OneWest Bank and built it into Southern California's largest...

  • President-elect Donald Trump plans to nominate wrestling magnate Linda McMahon as his choice to head the Small Business Administration, Trump's transition team said in a statement on Wednesday. He assembled an investor group to buy a failed California mortgage lender in 2009, rebranded it as OneWest Bank and built it into Southern California's largest...

  • President-elect Donald Trump plans to nominate wrestling magnate Linda McMahon as his choice to head the Small Business Administration, Trump's transition team said in a statement on Wednesday. He assembled an investor group to buy a failed California mortgage lender in 2009, rebranded it as OneWest Bank and built it into Southern California's largest...

  • NEW YORK, Dec 7- The U.S. dollar declined on Wednesday as Treasury bond yields eased and investors looked ahead to next week's Federal Reserve meeting, when the U.S. central bank is expected to raise interest rates but adopt a cautious tone on the economy. "It's a down day for the U.S. dollar broadly," said Greg Anderson, Global Head of FX Strategy at BMO Capital Markets in...

  • WASHINGTON, Dec 7- GNC Holdings Inc, the largest global dietary supplement retailer, has agreed to pay $2.25 million and reform its practices in a pact to avoid federal prosecution over its alleged sale of illegal dietary supplements, the U.S. Department of Justice said on Wednesday. The non-prosecution agreement stems from allegations that GNC in 2013 sold in...

  • Pentagon buried report on reducing wasteful spending

    The Washington Post reports the Pentagon buried the findings amid worries Congress would cut defense spending.

  • Tax Audit

    If you get an IRS audit letter, the key is to remain calm and take the time to gather all your tax documentation, say financial advisors.

  • IRS warns tax refunds may be delayed

    A new law requires the agency to hold refunds until mid-February in 2017 for people claiming the EITC or the ACTC.

  • PHOENIX, Dec 5- Federal Reserve officials cautioned on Monday that the incoming Trump administration's economic plans should not be cast as if the economy is in crisis, but instead be designed to help the economy's long-run prospects. Louis Fed President James Bullard said in remarks in Phoenix at a luncheon sponsored by Arizona State University.

  • Now Hiring

    "The Plum Book," lists more than 9,000 federal civil service positions in Donald Trump's administration.

  • CHICAGO, Dec 5- Citing rising 10- year U.S. Treasury yields and his forecast for about 2.25 percent economic growth next year, Chicago Federal Reserve President Charles Evans said on Monday he expects interest rates to continue to rise as the economy improves. The yield on the benchmark 10- year Treasury note, which has risen to about 2.4 percent from below 2...

  • WASHINGTON, Dec 5- U.S. services sector activity hit a one-year high in November, with a surge in production boosting hiring, further evidence of strength in the economy that clears the way for the Federal Reserve to raise interest rates next week. Monday's bullish report from the Institute for Supply Management followed data last week showing strong job gains...

  • CHICAGO, Dec 5- Citing rising 10- year U.S. Treasury yields and his forecast for about 2.25 percent economic growth next year, Chicago Federal Reserve President Charles Evans said on Monday he expects interest rate hikes to continue to rise as the economy improves. The yield on the benchmark 10- year Treasury note, which has risen to about 2.4 percent from below 2...