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White House Government Agencies

  • Dec 2- The U. S Food and Drug Administration said on Friday it would allow Eli Lilly and Co to state that its diabetes drug Jardiance reduces the risk of death from heart problems, potentially boosting the drug's sales. Jardiance, also known as empagliflozin, was approved by the FDA in 2014 to help lower blood sugar in patients with type 2 diabetes.

  • WASHINGTON, Dec 2- U.S. banking regulators must defend tough rules governing Wall Street and resist efforts to dilute regulations that might prevent a future financial crisis, Federal Reserve Governor Daniel Tarullo said on Friday. "It is critical that we not forget our still quite recent history," Tarullo told a meeting of financial market researchers in...

  • Dec 2- The U. S Food and Drug Administration said on Friday it had approved Eli Lilly and Co and Boehringer Ingelheim Pharmaceuticals Inc's drug, Jardiance, to reduce the risk of cardiovascular death in patients with type 2 diabetes. The risk of death from heart disease is 70 percent higher in diabetics compared to those without diabetes, according to the U.S....

  • WASHINGTON, Dec 2- U.S. employers boosted hiring in November and the unemployment rate dropped to a more than nine-year low of 4.6 percent, making it almost certain that the Federal Reserve will raise interest rates later this month. Nonfarm payrolls increased by 178,000 jobs last month after increasing by 142,000 in October, the Labor Department said on Friday.

  • SpaceX plans another rocket launch after explosion

    The aerospace company aims to launch a rocket bearing more than 60 satellites in a couple of weeks.

  • *Global stocks tread water ahead of Italy referendum. NEW YORK, Dec 2- Bond yields fell on Friday as solid U.S. jobs data reinforced the view that the Federal Reserve would raise interest rates gradually, while stock and currency markets were cautious ahead of an Italian constitutional reform vote on Sunday. Crude futures rebounded on a weaker dollar, resuming a...

  • WASHINGTON, Dec 2- U.S. employers boosted hiring in November and the unemployment rate dropped to a more than nine-year low of 4.6 percent, making it almost certain that the Federal Reserve will raise interest rates later this month. Nonfarm payrolls increased by 178,000 jobs last month after increasing by 142,000 in October, the Labor Department said on Friday.

  • *Stocks ease on caution ahead of NFP, Italy referendum. *Some bearish bets on Italy squared-off. LONDON, Dec 2- Global stocks, oil and the dollar eased on Friday as investors took a cautious stance before Italy's referendum on constitutional reform on Sunday, while a strong jobs report from the U.S. cemented the case for a Federal Reserve rate increase.

  • WASHINGTON, Dec 2- U.S. employers boosted hiring in November and the unemployment rate dropped to a more than nine-year low of 4.6 percent, making it almost certain that the Federal Reserve will raise interest rates later this month. Nonfarm payrolls increased by 178,000 jobs last month, the Labor Department said on Friday. The three-tenths of a percentage point...

  • *Stocks ease on caution ahead of NFP, Italy referendum. *Some bearish bets on Italy squared-off. LONDON, Dec 2- Global stocks, oil and the dollar eased on Friday as investors took a cautious stance before U.S. payrolls data, which may cement the case for a Federal Reserve rate increase, and Italy's referendum on constitutional reform on Sunday.

  • LONDON, Dec 2- Gold eased on Friday ahead of U.S. jobs data expected to boost confidence in the world's largest economy and strengthen the case for the Federal Reserve to raise interest rates after buoyant factory data the previous day. Spot gold edged 0.1 percent lower to $1,169.66 an ounce by 1138 GMT. Capital Economics commodities economist Simona Gambarini...

  • LONDON, Dec 2- Emerging equities fell more than 1 percent on Friday and currencies weakened after strong U.S. data raised the spectre of faster U.S. Federal Reserve rate rises, while South African markets were jittery before a sovereign debt ratings review. "The risk is that a strong print in the payrolls may firm the hand of the Fed," said Cristian Maggio, head of...

  • LONDON, Dec 2- Global stocks, oil and the dollar eased on Friday with investors took a cautious stance before Italy's referendum on constitutional reform and U.S. payrolls data later in the day, which may cement the case for a Federal Reserve rate increase. They have gained the most since Donald Trump won the U.S. presidential election last month.

  • WASHINGTON, Dec 2- U.S. employers likely boosted hiring in November amid growing confidence in the economy, making it almost certain that the Federal Reserve will raise interest rates later this month. The Labor Department will release its closely watched employment report on Friday at 8:30 a.m.. The Fed has the green light to raise interest rates this month,...

  • *Spot gold was up 0.3 percent at $1,174.10 an ounce by 0035 GMT. The metal dropped its lowest since Feb. 5 at $1,160.38 in the previous session. *Dallas Federal Reserve Bank President Robert Kaplan on Thursday said he is keeping his forecast for 2- percent U.S.

  • WASHINGTON, Dec 1- Change at the Federal Reserve could come quickly with President-elect Donald Trump's team pledging to promptly fill high-level central bank jobs and roll out a tax and fiscal plan that could rewrite policymakers' core economic assumptions. Yellen's term as Fed chief expires in February 2018, and Trump is likely to name a successor in synch...

  • Dec 1- The U.S. Commodity Futures Trading Commission failed to verify whether futures and swaps brokerage firms have adequate policies to help ward off cyber attacks, an internal CFTC audit found. The audit was completed in October by Brown& Company CPAS and Management Consultants PLLC at the request of the CFTC's inspector general. Auditors took issue with the...

  • NEW YORK, Dec 1- The U.S. Commodity Futures Trading Commission took a Chicago- based trading firm and its prominent founder to trial on Thursday over claims they manipulated the price of a futures contract, illegally earning nearly $13.5 million. Daniel Ullman, a CFTC lawyer, in his opening statement in the civil proceeding urged a federal judge in Manhattan to...

  • Nov 30- A federal court in California on Wednesday allowed the Internal Revenue Service to seek three years of information from blockchain firm Coinbase Inc about its American users, the U.S. Department of Justice said. The court in Northern District of California authorized the IRS to serve a so-called " John Doe summons," used when the summoned person can't be...

  • Nov 30- A federal court in California on Wednesday allowed the Internal Revenue Service to seek two years of information from blockchain firm Coinbase Inc about its American users, the U.S. Department of Justice said. The court in Northern District of California authorized the IRS to serve a so-called " John Doe summons," used when the summoned person can't be...