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White House Government Agencies

  • SAO PAULO, Nov 17- Mexico's peso fell on Thursday after an interest rate increase by the central bank fell short of expectations for stronger action to counter a slide in the currency sparked by Donald Trump's U.S. presidential election win. "The market was expecting a bit more," said Alfonso Esparza, a strategist at Oanda in Toronto, who still thought the 50-...

  • MANILA, Nov 18- London copper futures dropped nearly 1 percent on Friday, as the dollar soared to a 13-1/ 2- year high against a basket of currencies after Federal Reserve Chair Janet Yellen signaled U.S. interest rates could rise "relatively soon." *The most-traded January copper contract on the Shanghai Futures Exchange rose 0.5 percent to 44,100 yuan a tonne.

  • Nov 18- Gold prices eased on Friday after touching their lowest in over five months the session before, dragged down by a stronger U.S. dollar and after Federal Reserve Chair Janet Yellen bolstered the case for raising interest rates next month. *Spot gold had slipped 0.2 percent to $1,213.75 an ounce by 0036 GMT. *European Central Bank interest rates may be close to...

  • TOKYO, Nov 18- The dollar was poised for robust weekly gains on Friday, after Federal Reserve Chair Janet Yellen provided a strong signal that U.S. interest rates will likely increase by year-end. President-elect Donald Trump said during his election campaign that he would replace Yellen when her term expires. "While we continue to believe that the December FOMC...

  • TOKYO, Nov 18- The euro skidded to a nearly one-year low against the dollar in Asian trading on Friday, as investors expect the European Central Bank to maintain its loose monetary policy stance to stoke euro zone inflation while the U.S. Federal Reserve is poised to raise rates by year-end. The euro inched down on the day to $1.06200 after falling as low as $1.06195,...

  • NEW YORK- The Federal Reserve Bank of New York, the Board of Governors of the Federal Reserve System and the Freelancers Union convene a forum titled "The Evolution of Work." Speakers include William Dudley, president and CEO of the Federal Reserve Bank of New York, and Lael Brainard of the Board of Governors of the Federal Reserve System. NEW YORK- Federal Reserve...

  • NEW YORK- The Federal Reserve Bank of New York, the Board of Governors of the Federal Reserve System and the Freelancers Union convene a forum titled "The Evolution of Work". Speakers include William Dudley, president and CEO of the Federal Reserve Bank of New York, and Lael Brainard of the Board of Governors of the Federal Reserve System. NEW YORK- Federal Reserve...

  • Incoming President Donald Trump and other key Republicans who will be running Congress have been critical of the U.S. central bank and could pose a threat to its hallowed independence from political interference. In September, Trump accused Fed Chair Janet Yellen of keeping interest rates low to make President Obama look good. Representative Jeb Hensarling,...

  • TORONTO, Nov 17- Canada's main stock index rose on Thursday to its highest close in three weeks as Canadian banks tracked gains for their U.S. counterparts on expectations that the Federal Reserve will raise interest rates in December. Bond yields resumed their march higher since last week's U.S. election as Fed Chair Janet Yellen said in congressional...

  • Nov 17- The last time emerging markets threw a tantrum like this the Federal Reserve responded by delaying planned tapering of its bond purchases. Well the world is now a less kind and gentle place and given that emerging markets have thrown themselves out of bed at the prospect of Trump-led protectionism and inflation, help probably will not be arriving.

  • NEW YORK, Nov 17- The benchmark S&P 500 index rose to within a hair of its record high on Thursday as bank stocks got a boost from bets on higher interest rates and consumer discretionary stocks were helped by economic data and earnings. Federal Reserve Chair Janet Yellen, in her congressional testimony, solidified bets that the central bank was on track to raise...

  • NEW YORK, Nov 17- The U.S. dollar climbed to a 13-1/ 2- year high and global stock indexes rose on Thursday after comments by U.S. Federal Reserve Chair Janet Yellen bolstered the case for raising interest rates next month. Yellen, who testified on the economic outlook before the congressional Joint Economic Committee, indicated little had changed following the...

  • NEW YORK, Nov 17- The dollar rose to a 13-1/ 2- year high against a basket of currencies on Thursday as the bond market resumed its sell-off on growing certainty of a U.S. interest rate increase in December and signs of solid U.S. economic growth. Federal Reserve Chair Janet Yellen told the Joint Economic Committee of Congress a rise in rates was likely "relatively...

  • TORONTO, Nov 17- Canada's main stock index rose on Thursday to its highest close in three weeks as Canadian banks tracked gains for their U.S. counterparts on expectations that the Federal Reserve will raise interest rates in December. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 92.87 points, or 0.63 percent, at 14,826.09.

  • NEW YORK, Nov 17- U.S. The data releases came shortly after the publication of prepared remarks from Federal Reserve Chair Janet Yellen, who said U.S. overnight interest rates could be raised "relatively soon" if economic data keeps pointing to an improving labor market and rising inflation. She reiterated those statements in Congressional testimony during...

  • NEW YORK/ LONDON, Nov 17- Gold fell to a 5-1/ 2- month low on Thursday, giving up earlier gains as the dollar index tapped a 13-1/ 2- year high on strong U.S. economic data and comments by U.S. Federal Reserve Chair Janet Yellen that bolstered the case for hiking interest rates next month. Spot gold was down 0.8 percent at $1,215.50 an ounce lowest since June 3.

  • NEW YORK, Nov 17- The benchmark S&P 500 index rose and was near its record high on Thursday as bank stocks got a boost on bets that the U.S. Federal Reserve was on track to raise interest rates in December following comments by Chair Janet Yellen. Banks, which would benefit from higher rates, rose, and Yellen's vow to stay in her job for the duration of her current term...

  • *Fed could raise rates "relatively soon"- Yellen. Nov 17- The S&P 500 was within shouting distance of its record high on Thursday as bank stocks got a boost after Federal Reserve Chair Janet Yellen indicated the central bank was on track to raise interest rates at its meeting next month. U.S. stocks had been on a tear since Donald Trump's surprise victory in the U.S....

  • WASHINGTON, Nov 17- The U.S. Federal Communications Commission has approved Verizon Communications Inc's $1.8 billion acquisition of Carl Icahn's XO Communications fiber-optic business, an agency order published on Thursday said. Verizon, the No. 1 U.S. wireless service provider, said in February the deal to buy XO Communications would include XO's...

  • FEDERAL COMMUNICATIONS COMMISSION APPROVES VERIZON COMMUNICATION INC'S $1.8 BILLION ACQUISITION OF CARL ICAHN'S XO COMMUNICATIONS: DOCUMENT.