×

White House Government Agencies

  • CHICAGO, Dec 14- The U.S. Department of Agriculture proposed rules on Wednesday it said will help protect chicken producers from mistreatment by the small group of meat companies that control most of the country's production. Proponents of the changes, including the National Farmers Union, said they hoped Republican President-elect Donald Trump's...

  • *Wall St slips, most Asia stocks likely to follow. SYDNEY, Dec 15- Asian markets were set for a rough ride on Thursday after the Federal Reserve raised rates for the first time in a year and hinted at the risk of a faster pace of tightening than investors were positioned for. Wall Street suffered its biggest percentage decline since before the Nov. 8 U.S. presidential...

  • Areva notified the U.S. Nuclear Regulatory Commission last week that a review of paperwork "anomalies" at its Le Creusot facility in France "has not found any safety concerns," NRC spokesman David McIntyre said on Wednesday. France's Nuclear Safety Authority, or ASN, requested a probe of Le Creusot in early May after a flaw was discovered in the vessel of a reactor...

  • NEW YORK, Dec 14- Top BlackRock Inc bond investor Rick Rieder on Wednesday said tax cuts would help the U.S. economy withstand even sharply higher interest rates. "Monetary policy has taken a backseat," Reider, BlackRock's chief investment officer of global fixed income, told Reuters after the Federal Reserve raised rates for the first time in a year.

  • Areva notified the U.S. Nuclear Regulatory Commission last week that a review of paperwork "anomalies" at its Le Creusot facility in France "has not found any safety concerns," NRC spokesman David McIntyre said on Wednesday. France's Nuclear Safety Authority, or ASN, requested a probe of Le Creusot in early May after a flaw was discovered in the vessel of a reactor...

  • Dec 14- A Pfizer Inc ointment to treat mild to moderate cases of the itchy skin condition eczema, or atopic dermatitis, won U.S. approval for use in patients aged two years and older, the Food and Drug Administration said on Wednesday. Pfizer, which acquired the drug through its $5.2 billion purchase of Anacor Pharmaceuticals earlier this year, has estimated...

  • Dec 14- Goodbye "high-pressure" economy; an interesting idea but one Federal Reserve Chair Janet Yellen will probably never get to try in the Donald Trump era. That's because fiscal stimulus, particularly the kind of tax cuts Trump is contemplating, and especially protectionism, would remove what little flexibility the Fed might have to keep interest rates...

  • *Fed funds rate raised to range of 0.50 pct to 0.75 pct. WASHINGTON, Dec 14- The U.S. In a news conference following the unanimous rate decision, Fed Chair Janet Yellen said Donald Trump's election had put the central bank under a "cloud of uncertainty" and already prompted some policymakers to shift their view of what's to come.

  • NEW YORK, Dec 14- U.S. stocks fell the most in two months on Wednesday after the Federal Reserve raised interest rates by a quarter point and signaled hikes could come next year at a faster pace than some expected. The Fed's decision to raise rates comes as President-elect Donald Trump, who will be sworn in next month, is seen cutting taxes and increasing spending on...

  • *Euro hits $1.0497, lowest vs dollar since March 2015. NEW YORK, Dec 14- The U.S. dollar hit its highest level against a basket of major currencies in nearly 14 years on Wednesday after the Federal Reserve raised interest rates for the first time this year and signalled a faster pace of increases in 2017.. The dollar index hit 102.350, its highest level since early...

  • NEW YORK, Dec 14- U.S. stocks fell on Wednesday after the Federal Reserve raised interest rates by a quarter point and signaled hikes could come next year at a faster pace than some expected.

  • Dec 14- The U.S. Food and Drug Administration left open the door on Wednesday for Swedish Match AB to claim its snus smokeless tobacco products represent a substantially lower risk to health than cigarettes. The FDA said evidence showed the products could cause gum disease and tooth loss. "There doesn't seem to be a disagreement between the company and the FDA as...

  • WASHINGTON, Dec 14- Federal Reserve Chair Janet Yellen said on Wednesday that tough banking rules are protecting financial markets and should largely be held in place. Many of those rules were conceived after the 2008 financial crisis and require the largest firms on Wall Street to hold more capital against future losses. President-elect Donald Trump has...

  • TORONTO, Dec 14- The owner of hacked infidelity website Ashley Madison will pay a sharply discounted $1.66 million penalty to settle an investigation by the U.S. Federal Trade Commission and several U.S. states into lax data security and deceptive practices, the company and authorities said on Wednesday. The remainder of a $17.5 million settlement was...

  • *Dollar hits 10- month high vs yen of 116.71 yen. NEW YORK, Dec 14- The U.S. dollar hit its highest level against the yen in 10 months and gained against other major currencies on Wednesday after the Federal Reserve raised interest rates for the first time this year and signalled a faster pace of increases in 2017.. The dollar rallied about 1.3 percent against the yen...

  • NEW YORK/ LONDON, Dec 14- Gold turned lower and tapped the lowest in more than 10 months on Wednesday, after the Federal Reserve raised U.S. interest rates by a quarter point and signaled a faster pace of increases next year, causing the U.S. dollar to rally. "There is some optimism built into the outlook, as the' dot' forecast now projects one more rate hike in 2017 than was...

  • NEW YORK, Dec 14- U.S. stocks fell in volatile trading on Wednesday after the Federal Reserve raised interest rates by a quarter point and signaled hikes could come next year at a faster pace than some expected. The Fed's decision comes as President-elect Donald Trump, who will be sworn in next month, is seen cutting taxes and increasing spending on infrastructure.

  • Dec 14- The U.S. Food and Drug Administration on Wednesday said it approved Pfizer Inc's ointment to treat mild to moderate cases of the itchy skin condition eczema, or atopic dermatitis, for use in patients aged two years and older. The topical drug, crisaborole, will be sold under the brand name Eucrisa, the FDA said. Pfizer, which bought Anacor Pharmaceuticals for...

  • Dec 14- The U.S. Food and Drug Administration said on Wednesday it had approved Pfizer Inc's Eucrisa ointment to treat mild-to-moderate eczema, or atopic dermatitis, in patients two years and older. Atopic dermatitis is the most common of the many types of eczema, typically beginning in childhood and possibly lasting through adulthood. Pfizer bought Anacor...

  • Federal Reserve, with comments from Britain's Brexit Minister bolstering expectations that Britain will keep access to the single market when it leaves the EU. The pound appeared largely unmoved by data released earlier on Wednesday that showed the first decline in the number of people in work in Britain in over a year, suggesting a slowing in the labor market...