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White House Government Agencies

  • *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.

  • TORONTO, Sept 15- Canada's main stock index scored its biggest gain in two months on Thursday, led by shares of financial and energy stocks as oil rose and investors reduced bets on a Federal Reserve interest rate hike. "Fundamentally I think the U.S. is in good shape and I think that the markets have been telling you this," said John Kinsey, portfolio manager at...

  • *Wall Street gains on Apple, lower chance of rate hike. NEW YORK, Sept 15- Global equity prices gained on Thursday after weak U.S. retail sales data undermined the argument that the Federal Reserve will raise interest rates next week. "The disappointing retail sales numbers really reinforces our view that it would be difficult for the Fed to lift rates next week," said...

  • Sept 15- Samsung Electronics Co Ltd will recall Galaxy Note 7 smartphones due to serious fire and burn hazards, the U.S. Consumer Product Safety Commission said. The CPSC said on Thursday that Samsung had received 92 reports of the batteries overheating in the United States, including 26 reports of burns and 55 reports of property damage. Consumers should...

  • Sept 15- U.S. consumer safety agency plans a recall of Samsung Electronics Co Ltd's Galaxy Note 7, according to a person familiar with the plans. The U.S. Consumer Product Safety Commission said on Friday that owners of Galaxy Note 7 smartphones should stop using the devices and turn them off because of the threat of a battery fire. The CPSC said last week it was...

  • *Wall Street gains on Apple, lower chance of rate hike. NEW YORK, Sept 15- Global equity prices gained on Thursday after weak U.S. retail sales data undermined the argument that the Federal Reserve will raise interest rates next week. "The disappointing retail sales numbers really reinforces our view that it would be difficult for the Fed to lift rates next week," said...

  • Republican presidential nominee Donald Trump speaks to the Economic Club of New York luncheon in New York, September 15, 2016.

    Donald Trump mocked a black pastor in Flint, Michigan on Thursday and falsified a story about visit to her congregation, NBC News reports.

  • *Retail sales fall 0.3 percent in August. WASHINGTON, Sept 15- U.S. retail sales fell more than expected in August amid weak purchases of automobiles and a range of other goods, pointing to cooling domestic demand that further diminishes expectations of a Federal Reserve interest rate increase next week. If the Fed is data dependent, then the next time a hike would...

  • WASHINGTON, Sept 15- The head of the U.S. Federal Communications Commission said he might change his proposal to allow tens of millions of U.S. pay TV subscribers to ditch costly set-top boxes and access video programming online. At a Senate hearing on Thursday, FCC Chairman Tom Wheeler defended his revised proposal, which is scheduled for a final vote on Sept. 29.

  • Sept 15- The Federal Reserve may have violated the law in adopting key parts of the bank stress tests, according to a study released on Thursday from a group whose members include large Wall Street banks. The paper from the Committee on Capital Markets Regulation, a not-for-profit organization whose members include executives from banks including Goldman...

  • *Wall Street gains on Apple, lower chance of rate hike. NEW YORK, Sept 15- Global equity prices gained on Thursday after a mixed bag of U.S. economic data dimmed chances the Federal Reserve will raise interest rates next week. "The data was weaker than expected, especially retail sales, which I think the market was focusing on," said Gary Pollack, head of fixed-income...

  • NEW YORK, Sept 15- The U.S. dollar gained against a basket of major currencies on Thursday after traders looked ahead to a potential rate increase from the Federal Reserve in December and sold yen on anticipation that the Bank of Japan could ramp up stimulus next week. The euro briefly hit a six-day high against the dollar of $1.1283 after data showing...

  • *Retail sales fall 0.3 percent in August. WASHINGTON, Sept 15- U.S. retail sales fell more than expected in August amid weak purchases of automobiles and a range of other goods, pointing to cooling domestic demand that further diminishes expectations of a Federal Reserve interest rate increase next week. A September hike is simply too soon, "said Brittany Baumann,...

  • WASHINGTON, Sept 15- U.S. retail sales fell more than expected in August amid weak purchases of automobiles and a range of other goods, pointing to cooling domestic demand that further diminishes expectations of a Federal Reserve interest rate increase next week. A September hike is simply too soon, "said Brittany Baumann, an economist at TD Securities in New York.

  • WASHINGTON, Sept 15- U.S. retail sales fell more than expected in August amid weak purchases of automobiles and a range of other goods, pointing to cooling domestic demand that could further diminish expectations of a Federal Reserve interest rate increase next week. The Commerce Department said on Thursday retail sales declined 0.3 percent after an upwardly...

  • Smoking cigarettes, tobacco

    A serious warning on Pfizer's quit smoking drug should be removed, panelists to the U.S. Food and Drug Administration recommended on Wednesday.