White House Government Agencies

  • *Wall St weighs on global stocks gauge. NEW YORK, May 17- Stocks fell on Wall Street Tuesday after strong U.S. inflation data increased the probability of a rate hike from the Federal Reserve, while a global gauge of stocks cut its gains. A more confident Fed is a Fed that is more likely to hike again this summer or fall, "said Brian Jacobsen, chief portfolio strategist at...

  • WASHINGTON, May 17- U.S. consumer prices recorded their biggest increase in more than three years in April as gasoline and rents rose, pointing to a steady inflation build-up that could give the Federal Reserve ammunition to raise interest rates later this year. "The combination of higher prices, housing gains and industrial production support the narrative of...

  • May 17- The U.S. Commodity Futures Trading Commission is nearing completion of a set of amendments to its proposed rule on limits to speculative positions in derivatives, risk management service Risk.net reported on Tuesday, citing sources. The amendments focus on the bona fide hedging exemptions available to end-users of futures and swaps to manage...

  • May 17- U.S. stocks opened lower on Tuesday as data showed U.S. consumer prices recorded their biggest increase in more than three years in April and raised the chances of the Federal Reserve raising interest rates this year.

  • WASHINGTON, May 17- U.S. factory output expanded in April as makers of machinery and cars posted solid increases in production, a sign that the country's manufacturing sector was resisting the downward pull from sputtering global growth. Manufacturing output rose 0.3 percent, the Federal Reserve said on Tuesday. The reading matched the gain expected in a...

  • *Consumer prices increase 0.4 percent in April. WASHINGTON, May 17- U.S. consumer prices recorded their biggest increase in more than three years in April as gasoline and rents rose, pointing to a steady inflation build-up that could give the Federal Reserve ammunition to raise interest rates later this year. The Labor Department said its Consumer Price Index...

  • May 17- Wall Street looked set to open lower on Tuesday as data showed U.S. consumer prices recorded their biggest increase in more than three years in April and raised the chances of the Federal Reserve raising interest rates this year. The Labor Department said the Consumer Price Index increased 0.4 percent last month, the largest gain since February 2013,...

  • WASHINGTON, May 17- U.S. consumer prices recorded their biggest increase in more than three years in April as gasoline and rents rose, pointing to a steady inflation build-up that could give the Federal Reserve ammunition to raise interest rates later this year. The Labor Department said on Tuesday its Consumer Price Index increased 0.4 percent last month, the...

  • Expat U.S. passport taxes

    Expats considering giving up U.S. citizenship to avoid double taxation should be aware of the potential tax costs of such a move.

  • Treasury Secretary Jack Lew, Federal Reserve Chairman Janet Yellen and European Central Bank President Mario Draghi will be among Group of Seven finance leaders gathering in Sendai, northern Japan on May 20-21. Japan has failed to bridge differences with the United States on the yen, with Washington dismissing Tokyo's concerns that recent yen rises are...

  • The move from the Equal Employment Opportunity Commission aims to clear up confusion over the way two federal laws protecting employees' medical privacy apply to the popular programs, which are designed to control medical spending by reducing obesity, smoking and other risk factors. The new rules are more restrictive than those passed under the ACA, which...

  • The move from the Equal Employment Opportunity Commission was meant to clear up confusion over the way two federal laws protecting employees' medical privacy apply to the popular programs, which are designed to control medical spending by reducing obesity, smoking and other risk factors. About 98 percent of U.S. companies with 200 or more workers, and 73...

  • SECURITIES AND EXCHANGE COMMISSION CASE AGAINST DARYL PAYTON AND BENJAMIN DURANT.

  • John Williams, president of the Federal Reserve Bank of San Francisco.

    The U.S. economic outlook is "definitely looking good," San Francisco Federal Reserve Bank President John Williams said on Friday.

  • May 13- After an $81 million cyber heist at the Bangladesh central bank, the Federal Reserve Bank of New York said there was no problem with its procedures for approving fund transfers, according to a letter released on Friday by a U.S. lawmaker who had questioned those methods. Representative Carolyn Maloney had called for a probe of the fund transfers triggered...

  • SACRAMENTO, May 13- With the U.S. economic outlook "definitely looking good," the U.S. central bank is on the cusp of deciding whether to raise rates at any of its next few meetings, San Francisco Federal Reserve Bank President John Williams said on Friday. Williams told reporters after a speech at the Sacramento Economic Forum. The Fed raised rates in December for the...

  • May 13- The Federal Reserve Bank of New York is standing by its procedures for wiring funds after facing scrutiny in the wake of the $81 million cyber heist at the Bangladesh central bank, a letter released by a congresswoman on Friday showed. Criminals tried to withdraw $951 million from Bangladesh Bank's U.S. bank account in what ranked as one of the largest...

  • WASHINGTON, May 13- General Motors Co said on Friday it was temporarily halting sales of about 60,000 new 2016 U.S. Environmental Protection Agency spokeswoman Laura Allen said Friday the agency has been notified by GM that it is correcting fuel economy labels on the three 2016 SUVs. GM said Friday the rating for the vehicles on the EPA's fueleconomy.gov...

  • Speculators in four major NYMEX and ICE markets increased their bullish bets by 22,790 contracts to 38,520 in the week to May 10, the U.S. Commodity Futures Trading Commission said on Friday. Gas futures on the NYMEX averaged $2.11 per mmBtu during the five trading days ended May 10 versus $2.08 during the five trading days ended May 3. Spot gas prices at the Henry...

  • Speculators in four major NYMEX and ICE markets increased their bullish bets by 22,790 contracts to 38,520 in the week to May 10, the U.S. Commodity Futures Trading Commission said on Friday.