×

White House Government Agencies

  • SAO PAULO, Nov 17- The Brazilian real and the Mexican peso pared gains on Thursday after Federal Reserve Chair Janet Yellen said the U.S. central bank could raise rates "relatively soon," cementing bets on a December hike. Yellen will deliver the prepared remarks to Congress's Joint Economic Committee at 10 a.m. and then answer questions from lawmakers.

  • WASHINGTON, Nov 17- The Federal Reserve could raise U.S. interest rates "relatively soon" if economic data keeps pointing to an improving labor market and rising inflation, Fed Chair Janet Yellen said on Thursday in a clear hint the U.S. central bank could hike next month. "Such an increase could well become appropriate relatively soon," Yellen said in prepared...

  • Nov 17- U.S. stocks were set to open little changed on Thursday, a day after the Dow broke a seven-day rally, as investors await a testimony by Federal Reserve Chair Janet Yellen. Yellen is scheduled to begin her testimony on the economic outlook before the congressional Joint Economic Committee at 10 a.m. ET. U.S. stocks had been on a tear since Donald Trump's...

  • WASHINGTON, Nov 17- The number of Americans filing for unemployment benefits fell to a 43- year low last week, pointing to a rapidly tightening labor market that could allow the Federal Reserve to raise interest rates next month. Initial claims for state unemployment benefits dropped 19,000 to a seasonally adjusted 235,000 for the week ended Nov. 12, the lowest...

  • WASHINGTON, Nov 17- U.S. consumer prices recorded their biggest increase in six months in October on rising gasoline costs and rents, suggesting a pickup in inflation that potentially clears the way for the Federal Reserve to raise interest rates in December. The Labor Department said on Thursday its Consumer Price Index increased 0.4 percent last month after...

  • WASHINGTON, Nov 17- The Federal Reserve could raise U.S. interest rates "relatively soon" if economic data keeps pointing to an improving labor market and rising inflation, Fed Chair Janet Yellen said on Thursday in a clear hint the U.S. central bank could hike next month. "Such an increase could well become appropriate relatively soon," Yellen said in prepared...

  • Nov 17- S&P 500 and Nasdaq futures were higher on Thursday while Dow futures were little changed, a day after the index broke a seven-day rally, as investors await Federal Reserve Chair Janet Yellen's congressional testimony. *U.S. stocks had been on a tear since Donald Trump's surprise victory in the Nov. 8 U.S. presidential election, with the Dow closing at a record...

  • Patrick T. Harker to be named the next Philadelphia Federal Reserve president and CEO.

    The Philadelphia Fed president said the U.S. central bank might have to hike more aggressively if the Trump administration enacts a fiscal stimulus.

  • U.S. lawmakers should take action to ban China's state-owned firms from acquiring U.S. companies, a congressional panel said on Wednesday.

  • HOUSTON, Nov 16- Private rocket launch service SpaceX is requesting government approval to operate a massive satellite network that would provide high-speed, global internet coverage, according to newly filed documents with the U.S. Federal Communications Commission. Financial backers of the company, whose full name is Space Exploration Technologies...

  • *Spot gold was up 0.22 percent at $1,227.56 an ounce at 0041 GMT. *The Federal Reserve will hike U.S. interest rates in December barring any major shocks, policymaker James Bullard said on Wednesday, adding that a single rate increase may be enough to move monetary policy to a "neutral setting." *The European Union effectively urged the German government to spend more...

  • PHILADELPHIA, Nov 16- Philadelphia Federal Reserve President Patrick Harker said he favored raising interest rates and that the U.S. central bank might have to hike more aggressively if the incoming Trump administration enacts a fiscal stimulus. But Republican Donald Trump's victory in America's Nov. 8 presidential election has led investors to bet...

  • THURSDAY, NOVEMBER 17 WASHINGTON- Federal Reserve Chair Janet Yellen testifies on the economic outlook before the congressional Joint Economic Committee- 1500 GMT 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...

  • THURSDAY, NOVEMBER 17 WASHINGTON- Federal Reserve Chair Janet Yellen testifies on the economic outlook before the congressional Joint Economic Committee- 1500 GMT 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...

  • The bank will pay roughly $200 million combined to the Securities and Exchange Commission and the Justice Department and more than $50 million to the Federal Reserve, the source said. The SEC opened an investigation into JPMorgan in 2013 over the hiring. The SEC, JPMorgan and the Justice Department all declined to comment.

  • PHILADELPHIA, Nov 16- The Federal Reserve must retain its independence from America's political life and policymakers will not change course due to shifts in public opinion, Philadelphia Fed President Patrick Harker said on Wednesday. Republican Donald Trump's victory in the Nov. 8 U.S. presidential election has raised questions over whether the new...

  • WASHINGTON, Nov 16- The U.S. Federal Communications Commission is dropping plans to push through a proposed reform of the $45 billion business data services market in the wake of Donald Trump's election as president. FCC Chairman Tom Wheeler on Wednesday pulled the item previously set for a commission vote Thursday after pressure from Republicans in...

  • WASHINGTON, Nov 16- The U.S. Federal Communications Commission is dropping plans to push through a proposed reform of the $45 billion business data services market in the wake of Donald Trump's election as president. FCC chairman Tom Wheeler on Wednesday pulled the item after pressure from Republicans on the U.S. House and Senate panels that oversee the FCC.

  • WASHINGTON, Nov 16- The U.S. Federal Communications Commission said on Wednesday is dropping plans to vote Thursday on plans to reform the $45 billion business data services market and propose new rules on roaming standards in the wake of Donald Trump's election as president. FCC chairman Tom Wheeler on Wednesday pulled the items after pressure from...

  • The Internal Revenue Service headquarters in Washington, D.C.

    One of the most effective tools to protect yourself from IRS scams is knowledge. Here are five tips to avoid putting yourself at risk.