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White House Government Agencies

  • TOKYO, Feb 24- The dollar clawed back some ground on Friday after skidding to a two-week low against the yen, but was still on track for weekly losses after the Federal Reserve meeting minutes disappointed dollar bulls. "Market participants were still digesting the FOMC minutes from the January meeting, and there seems to be two different camps in the reading of...

  • WASHINGTON, Feb 23- The U.S. Justice Department has reversed an order by the Obama administration to phase out the use of private contractors to run federal prisons. Therefore, I direct the bureau to return to its previous approach, "Sessions said in a letter dated Tuesday to Thomas Kane, acting director of the Federal Bureau of Prisons. The Bureau of Prisons began...

  • Not only has the world changed, but the occupant of the White House has changed, and that will change, perhaps substantially, the lineup and outlook of the Federal Reserve. Whats more there was little by way of discussion about the $4.5 trillion balance sheet of bonds the Fed purchased to influence the level of interest rates, credit availability and longer-term...

  • *Investors look to Trump's address to Congress on Feb. 28. NEW YORK/ LONDON, Feb 23- Gold prices rose 1 percent to a 3-1/ 2- month high on Thursday after minutes from the latest Federal Reserve policy meeting further dampened expectations for an interest rate hike in March, lowering U.S. bond yields and pressuring the dollar. since Feb. 6, and was up 1 percent at $1,249.36...

  • Feb 23- United Technologies Corp's Carrier unit expanded a recall of some air conditioners and heat pumps as their power cord plugs can overheat, posing a fire risk, the U.S. Consumer Product Safety Commission said on Thursday. The recall involves about 94,000 units sold under the Bryant, Carrier and Fast brands, the commission said in a statement.

  • WASHINGTON, Feb 23- The U.S. Treasury Department said it will extend its search for criminals who seek to launder money by buying U.S. real estate. Treasury Department Financial Crimes Enforcement Network will extend for 180 days a rule ordering title insurance companies to report to authorities all-cash purchases in parts of California, Texas, Florida and New...

  • The exterior view of the south side of the White House

    Advocates for transparency say the public has a right to know the agenda of groups visiting the White House, NBC News reports.

  • *Gold hits highest since Nov. 11. *Investors look to Trump's address to Congress on Feb. 28. LONDON, Feb 23- Gold prices on Thursday hit a three-month high after the minutes of the latest Federal Reserve policy meeting further dampened expectations of an interest rate hike in March, lowering U.S. bond yields and stalling upward momentum in the dollar.

  • *USDA expected to raise forecast for soybean plantings. *Corn, wheat edge down before USDA plantings outlook. The USDA is due to release updated planting forecasts at its two-day Outlook Forum that starts on Thursday, with the market expecting an increase in soybean sowing.

  • *Investors look to Trump's address to Congress on Feb. 28. LONDON, Feb 23- Gold was steady on Thursday after the minutes of the latest Federal Reserve policy meeting further dampened expectations for an interest rate hike next month, lowering U.S. bond yields and stalling upward momentum in the dollar. Unease over the political outlook in the United States and...

  • TOKYO, Feb 23- Japanese stocks ended marginally lower on Thursday as financials weakened after U.S. yields fell on the cautious tone struck in minutes of the latest Federal Reserve monetary policy meeting. The Nikkei ended down 0.04 percent to 19,371.46, while the broader Topix dropped 0.1 percent to 1,556.25. The Mothers market added 1.3 percent to 1,046.96,...

  • TOKYO, Feb 23- Japanese stocks ended marginally lower on Thursday as financials weakened after U.S. yields fell on the cautious tone struck in minutes of the latest Federal Reserve monetary policy meeting. The Nikkei ended down 0.04 percent to 19,371.46, while the broader Topix dropped 0.1 percent to 1,556.25. The Jasdaq market rose 0.4 percent to a record high...

  • *Spot gold remains neutral in $1,233- $1,240/ oz range-technicals. *Investors await Trump's address to Congress next week. "Gold continues to tread water post the Federal Open Market Committee minutes, probably the highlight of a very light data week," said Jeffrey Halley, senior market analyst at OANDA.

  • HONG KONG, Feb 23- China's yuan slipped against the U.S. dollar on Thursday, even amid a stronger daily fixing, as the dollar found support after Federal Reserve minutes pointed to another rate hike "fairly soon." Traders expected the spot yuan market to remain quiet before the Fed's rate decision and start of China's National People's Congress parliamentary...

  • TOKYO, Feb 23- Japan's Nikkei share average fell on Thursday morning as financial stocks weakened after U.S. yields fell on the cautious tone struck in minutes of the latest Federal Reserve monetary policy meeting. "Cyclical stocks are sensitive to currency moves and yield levels so investors would avoid them when they are cautious about global events," said...

  • TORONTO, Feb 22- Canada's main stock index fell the most in three weeks on Wednesday, pulling back from a record high set the day before as lower commodity prices pressured shares of energy and materials companies. Investor expectations for Federal Reserve interest rate hikes have pressured commodities priced in U.S. dollars, said Youssef Zohny, portfolio...

  • *Loonie touches its weakest since Feb. 7 at C $1.3210. It reinforces the view that the Bank of Canada will not be following the Federal Reserve with interest rate hikes, he added. The chances of a Bank of Canada interest rate hike this year dipped to 28 percent from more than 30 percent before the retail sales report, data from the overnight index swaps market showed.

  • NEW YORK, Feb 22- The dollar fell against the euro and yen on Wednesday after Federal Reserve meeting minutes disappointed expectations for a hawkish tone and anti-EU French presidential candidate Marine Le Pen's perceived chances of winning fell. "The message was that there is still some hesitation, some caution versus the impression the markets got from the...

  • NEW YORK, Feb 22- U.S. long-dated Treasury debt yields edged lower on Wednesday in choppy trading, after minutes of the latest Federal Reserve monetary policy meeting struck a cautious tone on raising interest rates, reducing expectations of a hike next month. "The minutes are fairly dovish," said Jeff Kravetz, regional investment director at U.S.

  • NEW YORK, Feb 22- U.S. long-dated Treasury debt yields edged lower on Wednesday in choppy trading, after minutes of the latest Federal Reserve monetary policy meeting struck a cautious tone on raising interest rates, reducing expectations of a hike next month. "The minutes are fairly dovish," said Jeff Kravetz, regional investment director at U.S.