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White House Government Agencies

  • *Deutsche fine weighs on bank stocks. Sept 16- Wall Street was near session lows late on Friday morning as Oracle led a decline in tech stocks and financials came under pressure in the wake of Deutsche Bank's mammoth $14 billion fine. The far bigger-than-expected penalty was levied by the U.S. Department of Justice to settle claims that the German bank missold...

  • NEW YORK, Sept 16- The U.S. dollar hit a more than two-week high against a basket of major currencies on Friday after U.S. inflation data boosted bets on a faster pace of Federal Reserve interest rate increases, while uncertainty ahead of a Bank of Japan meeting limited the dollar's gains against the yen. The U.S. Labor Department said its Consumer Price Index rose...

  • BRUSSELS, Sept 16- The Federal Reserve is set for a lively debate in the coming week and could give a clear signal of an interest rate rise to come even if it follows market expectations for a pause this month. Both the European Central Bank and Britain's Bank of England kept monetary policy unchanged this month, although both with a bias towards further easing...

  • LONDON, Sept 16- Gold hit a two-week low on Friday after data showing faster-than-expected growth in U.S. consumer inflation last month helped support the case for the Federal Reserve to raise interest rates later this year. Spot gold slid to its lowest since Sept. 1 in the wake of the data at $1,306.38, and was at $1,307.36 an ounce at 1350 GMT, down 0.5 percent.

  • *Deutsche fine weighs on Goldman, JPMorgan, other banks. Sept 16- Wall Street was lower on Friday as a drop in oil prices weighed on energy stocks and as financials came under pressure in the wake of a massive $14 billion fine slapped on Deutsche Bank. The far bigger-than-expected penalty was levied by the U.S. Department of Justice to settle claims that the German...

  • Sept 16- U.S. stock index futures were lower on Friday, a day after Wall Street rallied about 1 percent and as oil prices dropped due to concerns of oversupply. *News overnight that the Department of Justice had fined Deutsche Bank a far bigger-than-expected $14 billion to settle claims it missold mortgage-backed securities is likely to weigh on Wall Street...

  • *Consumer price index rises 0.2 percent in August. WASHINGTON, Sept 16- U.S. consumer prices increased more than expected in August as rising rents and healthcare costs offset a drop in gasoline prices, pointing to a steady build-up of inflation that could allow the Federal Reserve to raise interest rates this year. The Labor Department said on Friday its...

  • *Exxon drops on report of NY AG investigation. Sept 16- Wall Street was set to open lower on Friday, in tandem with oil prices, and as financial stocks came under pressure in the wake of a massive $14 billion fine slapped on Deutsche Bank. The far bigger-than-expected fine was levied by the U.S. Department of Justice to settle claims that the German bank missold...

  • WASHINGTON, Sept 16- U.S. consumer prices increased more than expected in August as rising rents and healthcare costs offset a drop in gasoline prices, pointing to a steady build-up of inflation that could allow the Federal Reserve to raise interest rates this year. The Labor Department said on Friday its Consumer Price Index rose 0.2 percent last month after...

  • Sept 16- U.S. stock index futures were lower on Friday, a day after Wall Street rallied about 1 percent and as oil prices dropped due to concerns of oversupply. *News overnight that the Department of Justice had fined Deutsche Bank a far bigger-than-expected $14 billion to settle claims it missold mortgage-backed securities is likely to weigh on Wall Street...

  • LONDON, Sept 16- The dollar was on course to fall for a second week against the yen on Friday after U.S. retail sales data quelled lingering bets on the Federal Reserve raising interest rates next week, while faith in Bank of Japan action against its currency also seems limited. The past week has been dominated by a rethink on debt markets about the outlook for...

  • SINGAPORE/ TOKYO, Sept 16- The dollar eased versus the yen on Friday, struggling to gain traction after lacklustre U.S. economic data further dampened already low expectations for a Federal Reserve interest rate hike next week. Movements in major currencies were confined to relatively narrow ranges with a wait-and-see mood prevailing ahead of the Sept. 20-21...

  • *South Korea, China, Taiwan, Hong Kong closed for holidays. *Swiss National Bank, Bank of England hold rates steady. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 percent, but was headed for a loss of 2.2 percent for the week.

  • TOKYO, Sept 16- Japanese stocks edged up on Friday morning after U.S. shares rose, while Apple-related stocks outperformed after the iPhone maker said initial quantities of the iPhone 7 Plus have sold out globally. But for the week, the benchmark index has fallen 2.9 percent, hit by uncertainty over what monetary actions the U.S. Federal Reserve and Bank of Japan...

  • *South Korea, China, Taiwan, Hong Kong closed for holidays. *Swiss National Bank, Bank of England hold rates steady. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent, but it was headed for a loss of 2.4 percent for the week.

  • *Swiss National Bank, Bank of England hold rates steady. SINGAPORE, Sept 16- Asian stocks firmed on Thursday after weak U.S. data reduced the already low chance of an interest rate increase by the Federal Reserve at next week's meeting, sending the Treasury yield curve surging to its steepest level in 2-1/ 2 months. MSCI's broadest index of Asia-Pacific shares...

  • TOKYO, Sept 16- The dollar sagged early on Friday after lacklustre U.S. economic data further reduced already-low expectations for a Federal Reserve interest rate hike next week, while higher commodity prices buoyed the Australian and Canadian dollars. Movements in currencies were confined to a relatively narrow range this week with a wait-and-see mood...

  • TOKYO, Sept 16- The dollar sagged early on Friday after lackluster U.S. economic data further reduced already-low expectations for a Federal Reserve interest rate hike next week, while higher commodity prices buoyed the Australian and Canadian dollars. Movements in currencies were confined to a relatively narrow range this week with a wait-and-see mood...

  • BRIEF-SAMSUNG PHONES MUST BE OFF AND UNPLUGGED DURING FLIGHTS. *The U.S. Federal Aviation Administration says air travelers must keep Samsung Galaxy Note 7 phones off and unplugged during flight, strengthening its previous advisory since U.S. Consumer Product Safety Commission issued official recall on Thursday. Source text for Eikon: Further company...

  • FEDERAL AVIATION ADMINISTRATION SAYS AIR TRAVELERS MUST KEEP RECALLED SAMSUNG NOTE 7 PHONES OFF AND UNPLUGGED DURING FLIGHT.